A slightly better version of mediocre will not be Macy’s salvation

On one level, I get the attention paid to retailers’ quarterly reports. So when Macy’s missed on sales expectations and cut its full-year profit outlook recently, it wasn’t surprising that many analysts glommed on to how it was the iconic retailer’s first same-store sales decline in seven quarters, or to CEO Jeff Gennette’s lame weather-related excuses. Yet whether … Continue reading A slightly better version of mediocre will not be Macy’s salvation