|Day's Range||22.92 - 23.71|
|52 Week Range||22.43 - 45.41|
|PE Ratio (TTM)||12.63|
|Dividend & Yield||1.51 (6.56%)|
|1y Target Est||N/A|
Macy's Inc. CEO Jeff Gennette, in his first address to shareholders since taking the retailer's top job in March, unveiled a new strategy to guide the struggling department store giant. During Macy's (NYSE: ...
Milwaukee-area shoppers will be able to hunt for deals and apparel this summer at the first Macy's Backstage outlet store in Wisconsin. Department store chain Macy's said Monday it will carve out more than 20,000 square feet of space at its Mayfair mall location to open a branch of its offshoot Macy's Backstage, which sells merchandise at discount prices. The store will open inside Macy's at Mayfair on June 24.
A number of secular headwinds are pressuring department stores. But several short-term factors also hurt sales across the sector last quarter.