Is providing both basic needs such as underwear, shoes, sheets, towels, and mattresses along with fashion wants such as designer handbags, trendy dresses and sportwear, and men's fashion color shirts running out of demand?
JC Penney is providing great prices on private and secondary labels, but Macy's is merchandising very desireable NAME BRAND products and Bloomingdale's is merchandising status brands that appeal to aspirational consumers as well as foreign tourists to our nations top cities.
Out of Steam? America is not running out of steam. "It is halftime in America." Our best days are ahead. And so will the share price of M over the next decade.