Macy's: Real Estate, Not Retail, Funding Dividend – Seeking Alpha

Macy's: Real Estate, Not Retail, Funding Dividend
Seeking Alpha
Q2 2017 included $43 million in operating income from the sale of real estate. This quarter saw two more Macy's stores closed. One in Temple, TX and one in Dublin, OH. With store closings and less customer store visits, Macy's Q2 merchandise

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