Bloomberg Intelligence: U.S Consumer Confidence Falls, Macy’s Closures
Bloomberg Intelligence
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Strategic Store Closures and Performance Comparison
Exploring Macy's decision to close underperforming stores, the chapter analyzes potential shifts in the department store model and the impact on activist investors. A comparison of Bloomingdale's and Macy's performance is discussed, along with Nordstrom's challenges and strategies for stabilization and growth.
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