Macy's Shares Plunge After Nightmare Earnings Report

August 14, 2019

Macy's stock tumbled more than 15 percent at the open following a dismal second-quarter earnings report. The retailer posted a 48 percent drop in profits and lowered its full-year forecast. Retail expert Erin Sykes joins Cheddar to discuss ways retailers like Macy's and Barneys can survive the so-called "retail apocalypse."