Attention Macy’s Management

THIS is stupid. This will not draw in more consumers to spend more money since they don’t have more money. Retail is going to continue to muddle along with consumers in this country who, frankly, are STILL tapped out and seeing no wage gains. And that’s the good news. The bad news is that real unemployment is still north of 15%.

Not for nothing, but if you want to boost your sales, you’re going to have to hope and pray that the economy gets a whole lot better, really fast. Wendy, in this environment, is just a waste of shareholder capital.

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