Macy's (NYSE: M) is recovering successfully from the initial devastation caused by the coronavirus pandemic when it temporarily had to turn away shoppers from its stores. Unsurprisingly, revenue fell dramatically, but management pivoted quickly to enhance the digital business. As a result, Macy's is in a better position now than before the outbreak. Read More...
Macy’s (NYSE: M) is recovering successfully from the initial devastation caused by the coronavirus pandemic when it temporarily had to turn away shoppers from its stores. Unsurprisingly, revenue fell dramatically, but management pivoted quickly to enhance the digital business. As a result, Macy’s is in a better position now than before the outbreak.