Wall Street’s Patience With Retailers’ Turnaround Efforts Runs Thin

by MR Magazine Staff

Traditional department stores like Macy’s have been trying to reinvent themselves, shedding stores and expanding their e-commerce operations to try to compete with Amazon and other online retailers. But Wall Street’s patience with such turnaround efforts have worn thin amid a string of unsettling earning reports by brick-and-mortar retailers. Read more at The New York Times.