Value of Macy's is in its real estate, analyst says - CNBC

CNBC
Value of Macy's is in its real estate, analyst says
CNBC
There's no way out of slowing in-store retail sales, but Macy's still holds valuable properties, Cowen analyst Oliver Chen told CNBC's "Power Lunch." While Canadian retailer Hudson's Bay has approached Macy's, Chen says there's really no value in the ...and more »