Macy's is stuck in an epic losing streak: Sales drop for 11th quarter in a row
Posted: Thu Nov 09, 2017 9:32 am
CNN Money - 11/9/2017 - Matt Egan - Macy's sales keep shrinking as Americans stay away from the mall. Revenue tumbled 6.1% last quarter, the 11th straight quarterly decline. It was a deeper slide than Wall Street had feared.The good news is that Macy's made more money than expected. And although Macy's already expects sales to be down this year, the outlook didn't get any worse. Read more @ http://money.cnn.com/2017/11/09/investi ... index.html