Question
Is this a good exapmple of how Macy's strike benefits the company and why you think this a good a example? Macy's was able to
Is this a good exapmple of how Macy's strike benefits the company and why you think this a good a example?
Macy's was able to conduct a striking turnaround due to their temporary protection from bankruptcy. This allowed them to conduct an aggressive cost-cutting measure. This then resulted in a 248.9 million increase in their cash flow from their next year compared to their previous year. Macy's was then able to analyze and manage what previously went wrong and prevent it from happening again, and even increase their annual cash flow even more. Macy's cash flow today is currently at $2,709 million.
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