$15.81
-0.49 (-3.01%)
Macy's, Inc. (M)
CAPS Rating:
The Company is a retail organization operating retail stores that sell a range of merchandise, including men's, women's and children's apparel and accessories, cosmetics, home furnishings and other consumer goods.
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I just dont get it!This is a wonderful opportunity,missed it last time I looked! The RED INK is going to fly.Only NYC with their tourists will come close to plan, the branches will fail miserably and it won't take long to show.The dividend will go down or be eliminated for the factors to ship new goods to them after the unexpected losses they will sustain the next two quarters, result in agency credit watch on their debt.The US continues to be overstored and has excess shopping malls just because consumers in the past have levered their buying habits to an excess of personal income. They are well aware of this finally and will spend wiser and seek to reduce their deby levels.The next two years will eliminate over 20% of retailers!And those existing will have to compete with inventory "givaways" by others.Lord and Taylor will be joining them!