Summary | Macy's Inc. took a hit from a strong U.S. dollar
during its first quarter, as tourist traffic slowed in cities
such as New York, Las Vegas, San Francisco and Chicago. The
department store chain gets roughly 5% of its annual sales from
international tourists, and those sales fell by double-digits
during the last quarter, said CFO Karen Hoguet. ...
during its first quarter, as tourist traffic slowed in cities
such as New York, Las Vegas, San Francisco and Chicago. The
department store chain gets roughly 5% of its annual sales from
international tourists, and those sales fell by double-digits
during the last quarter, said CFO Karen Hoguet. ...
blogs.wsj.com | 13 May 2015