Retailers Slammed; Sears Plunges and Macy’s Can’t Catch a Break

What’s a retailer got to do to earn some respect these days? Macy’s (M) beat analysts expectations for May same-store sales, showing 4.2% growth (analysts expected 4% growth). But the company’s shares are off 2.1% this morning. The company got a big boost from online sales, which grew 42%. Investors may be disappointed by Macy’s [...]