Amid Unrest, Macy’s Takes Another Hit [The New York Times]
Macy's Inc (M)
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Source: The New York Times
Business|Amid Unrest, Macy’s Takes Another Hithttps://nyti.ms/3eCOEwymentContinue reading the main storySupported byThe damage to its flagship Herald Square location appeared to be minimal but it came when the retailer was already reeling from closings caused by the pandemic.Macy’s flagship store was completely boarded up after overnight looting. “Macy’s Herald Square transcends the company,” said Stuart Appelbaum, the president of the union representing the store’s workers.Credit...Benjamin Norman for The New York TimesByMichael CorkerySapna MaheshwariIn the end, the damage to the store may have been limited. But images of looters smashing windows and running through Macy’s flagship location in Herald Square was another symbolic hit to the already badly battered retailer.As roving bands of people swarmed through Manhattan late Monday night and into early Tuesday morning during ongoing protests over the killing of a black man, , in police custody,some of them ransackedBut the Macy’s i
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