09-22-2009 07:10 AM
09-22-2009 10:16 AM
ok where did you get that from
cause from what i have been reading in the news
" Macy's shares rose 4.8%. Analyst Deborah Weinswig said the company's My Macy's initiative to target local markets continues to gain traction and should lead to improved sales and margin trends ahead, particularly beginning in 2010. Declining product costs also could lift gross margin by half a percentage point next year, she said. The analyst raised her 2009 to 2011 profit estimates and doubled her price target on the stock to $30."
so thats not going to happen no time soon
09-22-2009 10:59 AM
Can you possible post the link to that story?
09-22-2009 03:32 PM
09-22-2009 06:07 PM - edited 09-22-2009 06:15 PM
I've read about Macy's 1992 bankruptcy and I saw a news clip from December 2008 naming Macy's as a likely candidate for bankruptcy. If this were true (a recent bankruptcy filing), seems like it would be front page news. Since the store was bankrupt before, let's ask the members who have Macy's accounts from 1992 and before what happened.