- A 5% increase in comparable store sales
- Control of advertising, selling, administrative and general expenses (“operating expenses”) which declined 110 basis points of sales
- Repurchase of $27.5 million (0.4 million shares) of Class A Common Stock
Not every retailer is losing amid the shift to digital shopping.
With Macy's, Walmart and other retailers reporting this week, steel yourself for the bad news.
Tweets from Trump don't help, either.
This chart shows some stunning stats on struggling Macy's.