Macy’s Massacre: Thousands Fired; Guidance Slashed (Again); Weather Blamed

Thursday, January 7, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/06/2016

Two months after the first “Macy’s Massacre”, the massacre is back with a vengeance, and moments ago the iconic retailer not only reported yet another cut in its guidance, but also announced it would be laying off another boatload of retailers, demonstrating just how strong the “service” economy truly is.

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