Top

Tag: bankruptcy protection


Industries, Retail & Wholesale

Pandemic Could Push Macy’s to Losses Exceeding $1 Billion

May 21, 2020

Via: Time

Macy’s is warning that it could lose more than $1 billion during its first fiscal quarter after the coronavirus pandemic paralyzed retail operations nationwide. Sales, the New York department store said in a preliminary report Thursday, could plummet to around […]