Macy's Store Closures Could Help This Rival [The Motley Fool]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: The Motley Fool
Adam Levine-Weinberg(TMFGemHunter)Author BioAdam Levine-Weinberg is a senior Industrials/ specialist with The Motley Fool. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on for the latest news and commentary on the airline industry!Follow @AdamLLWLast week,Macy'sNYSE:Mclose about 0 more full-line storesBut while Macy's has decided it needs to retrench, one of its main rivals has become fairly adept at operating low-volume stores. That could allowDillard'sNYSE:DDSFacing off with two completely different strategiesAt first glance, Macy's and Dillard's seem quite similar. Both companies operate large-format department stores, primarily in regional malls. They are positioned as higher-end brands than the likes of J.C. Penney and Belk, but more affordable thanNordstromImage source: Macy's.However, the similarities end there. In fiscal 09, Macy's spent $. billion -- more than 9% of its revenue -- o
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News
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website