Macy’s Damage Is Limited, but Looting Deals a Symbolic Blow [The New York Times]
Macy's Inc (M)
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Source: The New York Times
Business|Macy’s Damage Is Limited, but Looting Deals a Symbolic Blowhttps://nyti.ms/3eCOEwymentContinue reading the main storySupported byThe retailer, whose Herald Square location looms larger perhaps than any other store in New York, 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 MaheshwariJune 2, In 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
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