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Can Macy’s escape the Department Store Death Spiral? - Market Mad House
Macy’s revenues actually grew for the first time in quite a while in 1st Quarter 2018, Stockrow data indicates. The revenue growth rate was 1.77% which does little make up for losses, but it is far better than the -6.13% negative growth rate reported in 4th Quarter 2017. That means Macy’s delivered an effective revenue growth rate of 7.9%, which is very good.
daniel