https://www.investopedia.com/mall-anchor-stocks-near-short-term-buy-signals-5081015 They both are cutting cost and jobs. So if Macy’s trying to be kohl’s. They are doomed
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Well it also said that it will reduce stores
For anyone out there who remember Filenes department store might want to know they tried to imitate everything (K) did and unfortunately caved. They merged with the big (M) which might be a repeat. Tells you that leadership is lacking because there is no authenticity in creating strategies to boost sales. However, the ones who try to do so are kicked to the curb as the others make poor decisions without consequences. Go figure!