Home Michael Kors is driving Macy's business into the ground
 

Keywords :   


Michael Kors is driving Macy's business into the ground

2015-06-30 01:52:54| Apparel - Topix.net

The retailer's same-store sales growth has been weakening over the last several years, and Deutsche Bank analysts expect things to only get worse for the department store chain. Deutsche Bank analyst Paul Trussell on Monday downgraded Macy's from "buy" to "sell," saying he has "low confidence that the company can bust out of its same-stores sales rut."

Tags: the business michael ground

Category:Consumer Goods and Services

Latest from this category

All news

18.06Post Office sabotaged Horizon probe, says investigator
18.06Hisense TV ranks no. 2 globally in Q1 2024
18.06MultiChoice Group reports results for the year ended March 2024
18.06Software private equity firm Clearhaven acquires Zixi
18.06Ericsson, 3 Denmark, TV 2 and Sony show live TV over 5G SA network
18.06Reach of NEXTGEN TV HDR tops 70 million homes in the U.S.
18.06Cineverse exceeds ten million YouTube subscribers
18.06Brightcove powers new AVOD service, FrightPix
Consumer Goods and Services »
18.06Constantia Flexibles and ExxonMobil launch recyclable freezer film
18.06Hybrid Software unveils PACKZ 10
18.06Potential Tropical Cyclone One Graphics
18.06Potential Tropical Cyclone One Public Advisory Number 3A
18.06Summary for Potential Tropical Cyclone One (AT1/AL012024)
18.06Post Office sabotaged Horizon probe, says investigator
18.06Atlantic Tropical Weather Outlook
18.06Eastern North Pacific Tropical Weather Outlook
More »