Description:  President and CEO Terry Lundgren says sales are slowly increasing as the department store chain trims excess inventory.

Source: CNNMoney – video report
 
Date: 11/27/2009

Link: http://money.cnn.com/video/news/2009/11/27/n_macyceo_quest.cnnmoney/

Questions for discussion: 

• Summarize the reasons for expected financial improvements over last year?
• Do you share these beliefs? Explain your thinking.
• How else can retailers act to improve their financial performances?