Given Macy's focus on its balance sheet and improving fundamentals, we think it will continue to generate cash and use it to predominantly favor financial health over growth.
Five stats from the market and the stories behind them. This week: Fed's $40 billion bond buys in question, Wal-Mart's worrisome 1% same-store sales growth, and more.
Rising consumerspending has allowed many retailers to clean up their balance sheets, creating some attractive values for fixed-income investors, says Morningstar's Joscelyn MacKay.