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Tag: Q3

Macy’s posts disappointing Q3; pursuing real estate options (but no REIT) and outlet growth

November 12, 2015

Via: Chain Store Age

Macy’s Inc. on Wednesday blamed warm weather, weak tourist traffic and excessive inventory for the company’s worse-than-expected third quarter results. The company said it will not pursue spinning off its properties into a real-estate investment trust, but that it is […]