Macy’s Remains Challenged by the Decline in Department Stores
Department store retailer Macy's (M) has fallen about 40% since August 2018, including a single-day plunge of nearly 20% on January 10. Meanwhile, Macy's dividend yield has soared to over 6%, a level that causes many investors to start questioning the retailer's dividend safety. Let's take a look at why Macy's is being so badly [...]