(Reuters) - Upscale department store chain Nordstrom Inc (JWN.N) on Thursday reported a nearly 40% slump in quarterly sales, as lockdowns to contain the COVID-19 pandemic forced it to shut stores...
Credit: Wochit Entertainment Duration: 00:33Published
Macy's cautions of more than $1 billion in preliminary Q1 results, but the department store chain expects business to gradually return to normal as most stores will reopen by late join.
Like all brick-and-mortar retailers, Macy's has had a brutal first quarter with numbers to match, but it's slowly opening back up its stores again. Here's what to expect.
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