Department stores dead? Not yet — and Macy's boffo earnings show why
Don't write off department stores just yet. Traditional retailing may still be under pressure from online retailers like Amazon, but the results released Wednesday by Macy's show there's still plenty of hope as the sector evolves and transforms itself.
Macy's raises full-year outlook at turnaround plans take hold, shares climb
People are still shopping at Macy's. A lot
Macy's: A Miracle on 34th Street?