Business as usual

Posted in Culture of Lickspittle, Stumble and Fail at 12:31 pm by George Smith

Macy’s announces it will close 100 stores. Wall Street boosts its stock 16 percent on the news. “Nearly all its stores are cash flow positive,” reads a business report.

“Although this is partly a reaction to being in a tough competitive position within the landscape, they are being more offensive than most, and this is the right move,” one of Wall Street’s vampires said. “It is not only good for Macy’s but also for the industry.”

“Good,” in this case, being shedding the employees.

Macy’s had “offloaded” 40 stores in January and, my, this is a bleak article.

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