Pandemic could push Macy’s to losses exceeding $1 billion

In this March 30, 2020 file photo, bicyclists pass in front of a closed Macy’s department store in Santa Ana, California. Macy’s warned Thursday, May 21 that it could lose more than $1 billion during its first quarter after the coronavirus pandemic paralyzed retail operations worldwide. (AP Photo/Chris Carlson) NEW YORK — Macy’s has warned […]