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Another one bites the dust: The days of retailers reporting monthly sales numbers appears to be...

Another one bites the dust: The days of retailers reporting monthly sales numbers appears to be going the way of the covered wagon after Macy's (M) joins a long list of companies discontinuing the practice. The rationale from industry heavyweights is that smoothing sales numbers out by focusing on quarterly reports will create an increased long-term focus from investors. Other retailers jumping off the monthly reporting bandwagon include Target, Saks, and J.C. Penney.
Comments (5)
  • rambler1
    , contributor
    Comments (398) | Send Message
     
    Since when is less information good?
    7 Nov 2012, 08:41 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    easier to window dress...Pun intended
    7 Nov 2012, 09:27 AM Reply Like
  • rambler1
    , contributor
    Comments (398) | Send Message
     
    True more smoke & store mirrors.
    7 Nov 2012, 10:03 AM Reply Like
  • surfnspy
    , contributor
    Comments (415) | Send Message
     
    Note to self: stay away from large retailers.
    7 Nov 2012, 12:41 PM Reply Like
  • Tax Murderer
    , contributor
    Comments (16) | Send Message
     
    I hated collecting that data anyways... good riddance!
    7 Nov 2012, 12:58 PM Reply Like
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