Here is more lunacy at Macy’s. The powers to be have decided to stop ordering dimes from the bank. Instead, they will hand customers a pile of nickels for change. Their logic? They are saying that this saves money. How? The store needs to have a certain amount of cash on hand to make change. The entire store amount hasn’t changed, but they still are using this as a declaration, that they are cutting costs. This inconveniences the customer, and deceives the stockholder. The whole Macy’s finacial structure is just smoke and mirrors. Sales are tanking, but they are trying to get people to buy the stock, so the big wigs can cash out, and disappear.
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