department stores

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The Motley FoolThe Motley Fool··Jennifer Saibil

Abel's Macy's Bet: New Berkshire Chief Signals Value Play in Struggling Retailer

Berkshire Hathaway CEO Greg Abel buys Macy's shares, attracted by 8x earnings valuation and 3.58% yield, despite Wall Street's earnings decline forecast.
BRK.ABRK.BMvalue investingdividend yield