Bloomberg Intelligence: U.S Consumer Confidence Falls, Macy’s Closures
Bloomberg Intelligence
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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