Macy's Inc. Still Looking To Leverage Real Estate Assets Amid Tepid Q4 Results, Outlook
February 21, 2017 at 09:45 AM EST
Macy’s noted that company-owned stores saw a comparable sales decline of 2.7% in the latest period, while comps on an owned plus licensed basis were down 2.1%. Comparable sales are considered a key indicator of a retailer’s health.
