Macy’s Forecasts Q1 2020 Loss Above $1 Billion

Macy’s Forecasts Q1 2020 Loss Above $1 Billion

By Anna Domanska - May 21, 2020

Macy’s Inc. forecast a Q1 2020 loss of up to $1.11 billion on Thursday, as the retailer was forced to close stores due to the ongoing COVID-19 pandemic. The Cincinnati-based reta

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