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Nordstrom Stock Just Delisted. Macy’s and Dillard’s Are the Department Stores Left Standing. - Barron's

1. Nordstrom has gone private, leaving Macy’s and Dillard’s as key players. 2. Macy's stock is down 40% due to executive payment issues. 3. Dillard's stock has hit all-time highs by focusing on high-margin categories. 4. The department store sector faces significant challenges from e-commerce. 5. Only 14 analysts cover Macy's; 70% rate it as Hold.

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FAQ

Why Bearish?

Macy’s stock has faced significant declines, indicating market skepticism.

How important is it?

The shift in department store dynamics could stimulate further declines in Macy’s stock.

Why Short Term?

The immediate perception of decreased viability in retail options may quickly affect price.

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