Tag archive for ‘bad entry into a new market’
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Macy’s North: It’s Lonely In Here
If you thought you heard a citywide refrain of ‘I told you so’ yesterday, you weren’t imagining things. According to a report in Wednesday’s Chicago Tribune, Federated finally admits feeling financial pain over a hardcore group of former Marshall Field’s shoppers who decided to quit shopping the chain when the nameplate was switched to Macy’s last fall.
