Bulls REASONS TO BUY
June 20, 2013
(Stock Blog Hub, 4/18/13)
Yesterday, Macy’s Inc. (M), J. C. Penney Company Inc. (JCP) and Martha Stewart Living Omnimedia Inc. (MSO) took center stage with the three companies back in the legal tussle over the right to...(read more)
(Stock Blog Hub, 4/4/13)
On Mar 18, we upgraded our recommendation on Macy’s Inc. (M), one of the leading department store retailers in the United States, to Outperform, following better-than-expected fourth-quarter...(read more)
Since fall fashion season is here, and just in time for Macy’s Herald Square $400 million dollar renovation debuting the Herald Square Café on 2, we thought we would analyze Macy’s Inc (M)...(read more)
Macy's Inc. (M) Company Overview
Macy’s Inc. (NYSE:M) is a clothing retailer selling men's, women's and children's clothes and accessories through over 850 stores nationwide. Macy's Inc is divided into mid-tier Macy's and Bloomingdale's, an upper-tier store that sells more exclusive items.
Private brands have been receiving increased attention from retailers due to the increased control they have over the production and distribution of their own line. Also, they tend to have a higher profit margin than third-party goods. This has impacted Macy's product mix as retailers move towards increasing private brand offerings. The credit crunch has also led to an increase in credit card balances and subsequently delinquent accounts. Macy's, as one of many retailers that extend a line of credit to their consumers, is thus susceptible to the risks inherent in a higher percentage of delinquent credit card balances. Therefore, Macy's exposure to increased credit card debt is mitigated through its partnership.(Read more at Wikinvest )
What's in this M analysis on Wikinvest...