NYSE:MMultiline Retail
Macy's (M) Must Compensate Workers After Supreme Court Rejects Appeal
The U.S. Supreme Court declined to hear Macy's (NYSE:M) appeal of a labor board ruling.
The decision leaves in place an order requiring Macy's to compensate dozens of unlawfully dismissed workers.
This outcome affects Macy's legal, financial and reputational risk profile.
Macy's operates a large department store chain in the U.S., with a focus on apparel, home goods and beauty products. The Supreme Court's decision adds a governance and labor relations angle to the discussion around NYSE:M,...