Macy’s warns of up to $1 billion quarterly loss due to lockdowns

Macy’s Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the retailer was forced to shut stores due to COVID-19 lockdowns.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News