Previous Close | 2.2500 |
Open | 2.2600 |
Bid | 2.1700 |
Ask | 2.2300 |
Strike | 23.00 |
Expire Date | 2023-06-16 |
Day's Range | 2.2500 - 2.2600 |
Contract Range | N/A |
Volume | |
Open Interest | 4.59k |
Macy's (M) closed at $24.12 in the latest trading session, marking a -1.39% move from the prior day.
NEW YORK, February 01, 2023--Today, Macy’s launches PATTERN Beauty with the brand’s extensive assortment of washes, treatments, styling tools and more. As the brand’s first-ever department store partner, PATTERN expands Macy’s portfolio of haircare products, specifically in the curl category. PATTERN Beauty’s haircare products and tools with prices ranging from $9 to $25, including the Detangling Nectar, Curl Mousse, Edge Tool and more are available to shop on macys.com, Macy’s mobile app and at
Retail is a tough business in any economic climate. A small number of retailers -- think Costco (NASDAQ: COST) and Amazon (NASDAQ: AMZN) -- manage to build up durable competitive advantages over the course of decades. Consumer electronics retailer Best Buy (NYSE: BBY) goes for around 13 times earnings, department store Macy's (NYSE: M) trades for less than 5 times earnings, and grocery chain Kroger (NYSE: KR) changes hands for roughly 14 times earnings.