Fitch Rates Macy’s New $350MM Notes ‘BBB’ Outlook Negative
The rating reflects Macy’s size and geographic scope as the largest department store operator in the U.S. with over 850 stores in 45 states, successful private-brand initiative and good cash flow generation. Also considered are challenging sales trends and an aggressive financial strategy.
That sounds kindaa positive !!! [...]
Fitch Rates Macy’s New $350MM Notes ‘BBB’ Outlook Negative
The rating reflects Macy’s size and geographic scope as the largest department store operator in the U.S. with over 850 stores in 45 states, successful private-brand initiative and good cash flow generation. Also considered are challenging sales trends and an aggressive financial strategy.
That sounds kindaa positive !!! [...]
Fitch Rates Macy’s New $350MM Notes ‘BBB’ Outlook Negative
The rating reflects Macy’s size and geographic scope as the largest department store operator in the U.S. with over 850 stores in 45 states, successful private-brand initiative and good cash flow generation. Also considered are challenging sales trends and an aggressive financial strategy.
That sounds kindaa positive !!! [...]
Fitch Rates Macy’s New $350MM Notes ‘BBB’ Outlook Negative
The rating reflects Macy’s size and geographic scope as the largest department store operator in the U.S. with over 850 stores in 45 states, successful private-brand initiative and good cash flow generation. Also considered are challenging sales trends and an aggressive financial strategy.
That sounds kindaa positive !!! [...]
The poster child of poor capital management might just be Borders Group.
Borders, which runs one of our favorite book stores in the country (Union Square in San Francisco) and goes by the ticker BGP, is the now-beleaguered bookseller spun out of K-mart long ago in happier times.
Borders is also one of those companies that so desperately wanted to make Wall Street’s Finest happy—not to mention its own shareholders—that it spent all its cash, and more, to buy back stock.
The poster child of poor capital management might just be Borders Group.
Borders, which runs one of our favorite book stores in the country (Union Square in San Francisco) and goes by the ticker BGP, is the now-beleaguered bookseller spun out of K-mart long ago in happier times.
Borders is also one of those companies that so desperately wanted to make Wall Street’s Finest happy—not to mention its own shareholders—that it spent all its cash, and more, to buy back stock.
Santa Claus may be hard at work as the holidays approach, but he will find many Americans struggling with a troubled economy. A CNN Poll On Holiday Shopping is an indication of what many of us suspect: This will be the worst Christmas shopping season on record. Let's take a look.
What's going well for small businesses? Not much, according to The National Federation of Independent Business' monthly Small Business Optimism Index, which fell 5.4 points in October and landed at the third-lowest reading in the his
While Wal-Mart Stores, Inc. (NYSE: WMT) keeps racking up sales as the king of retail in a depression, competitors certainly don't want to lose out on holiday sales. In fact, with such a bleak holiday shopping season predicted by multiple market pundits, some retailers are trying to divert those upcoming Wal-Mart shoppers into their own shoppers. But how? Kohl's Corp. (NYSE: KSS) held a three-day Christmas sale that actually ends today -- the day before Black Friday. The department store-style retailer offered price cuts to the tune ...
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