Posts Tagged
Macys
Macy’s Dimmer Outlook Sends Retail, Apparel Stocks Tumbling
published May 11th 2016, 4:33 pm, by Lindsey Rupp (Bloomberg) — A glum outlook from Macy’s Inc. renewed concerns about the broader retail industry, contributing to a stock rout for consumer companies such as Wal-Mart Stores Inc., Michael Kors Holdings Ltd., Ralph Lauren Corp. and Ross Stores Inc. on Wednesday.