Macy's decline

Macy's has a great retail history, but this author now calls it "the poster child for everything that is wrong with mall-based retail."

Same-store sales were down in the third quarter compared with a year ago, in contrast to  Target stores which were up for the same period. It looks like Macy's is losing sales to T.J. Maxx and Marshall's, and their stock is just half of what it was last January.

Retail stores in general have been declining for years. So how is Target increasing? By tweaking their strategies, trying ideas. They get "shoppers in the door to pick up groceries and household items and convince them to shop for apparel while they are there."

When the former chairman and CEO of Macy's was recently "asked which retail stocks he liked, he spoke enthusiastically about buying Walmart, Target and Home Depot."