Macy's has reported its fourth consecutive quarter of comparable sales growth, signaling that its strategic overhaul of merchandise and enhanced customer service initiatives are resonating with shoppers. The New York-based retailer subsequently raised its financial outlook, sending its shares up more than 3 percent in pre-market trading on Wednesday.
"We're off to a strong start to the year," stated CEO Tony Spring, who is in his third year spearheading a turnaround effort for the iconic department store chain. "We're operating with discipline and focusing on what matters most — our customers."
