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flag CNBC's Jim Cramer is optimistic about Macy's turnaround under new CEO Tony Spring's strategy.

flag CNBC's Jim Cramer is optimistic about Macy's turnaround, crediting new CEO Tony Spring's strategy of making the brand more upscale to navigate competition. flag Macy's recent quarter exceeded Wall St expectations, with plans to close underperforming stores and invest in better locations, as well as expanding Bloomingdale's and Bluemercury brands. flag Cramer also highlights the potential positive influence of potential buyer Arkhouse.

11 months ago
4 Articles