Retail Fizzles, Alipay Sizzles — And Burger Wars Reignite On Mobile
PYMNTS
MAY 12, 2017
And given the fact that last year Chinese tourists traveling abroad spent $261 billion (according to the United Nations World Tourism Organization), a fair slice of that spend could wind up in U.S. But as of right now, investors don’t seem convinced that Macy’s new leadership — and planned direction — will be enough to halt the death spiral.
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