Weekly Wrap: Macy’s, Wal-Mart, Disney Look to the Future
The retailers made moves this week to adapt to a shifting landscape, but we see Macy’s as still likely to fall behind. Plus, Disney makes a bet on streaming.
Jeremy Glaser: Macy’s soars, Disney boosts its streaming credentials, and Wal-Mart looks to expand its online presence. This time on the Morningstar Weekly Wrap.
Macy’s plan to shut stores and better-than-expected results sent shares soaring on Thursday. But will this plan be effective?
Jeremy Glaser has a position in the following securities mentioned above: DIS. Find out about Morningstar’s editorial policies.