All of Macy's stores have been closed since March 18th. The retailer has suspended its dividend, stopped capital spend, fully drawn down its $1.5 billion revolving credit facility and furloughed the majority of its employees.
from US Top News and Analysis https://ift.tt/3aqXQBJ All of Macy's stores have been closed since March 18th. The retailer has suspended its dividend, stopped capital spend, fully drawn down its $1.5 billion revolving credit facility and furloughed the majority of its employees.
Macy's weighs raising as much as $5 billion in debt to weather coronavirus crisis
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April 22, 2020
