Cramer: Avoid Macy’s, Dept. Stores are in a Secular Decline
Department stores are in secular decline and that is the root of Macy's problems, says Jim Cramer.
Department stores are in secular decline and that is the root of Macy's (M) - Get Report problems, said TheStreet's Jim Cramer. He said he was not surprised by Macy's top-line troubles.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
