Macy's To Take Hefty Write-down

WSJ.com: What's News US, Wall Street Journal: Home US
Tue, 02/24/2009 - 6:57am

Macy's said it will record an asset write-down of up to $5.5 billion as the department store posted a big drop in operating profit amid heavy markdowns and weak consumer spending.

Topics: macy's write-down

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Macy's To Take Hefty Write-down

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Macy's To Take Hefty Write-down

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