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Stock impact report

San Francisco businesses in Union Square say recovery is slow despite holidays [CBS News]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CBS News
But there are signs of life for an area that's been struggling since before the start of the pandemic. "These are all the items that are being shipped from over the weekend on Cyber Monday for today," said Masoud Attar of the stack of boxes in the corner of his business. For Attar, those online sales have helped fill some of the void left by the drop in foot traffic, primarily tourist traffic, at his Union Square menswear store Uomo. "There's not that many left," he said of the famed shopping district. "Nordstrom is closed. Saks is closed." He opened his business 38 years ago. He said things started getting difficult in 2017 before the pandemic made things nearly impossible. So where are things now? "Things turned around a little bit in the last year," he said. "But we feel that San Francisco has really bad negative publicity." "I would gauge the trajectory as positive," said Marisa Rodriguez, CEO of the Union Square Alliance. "We are picking up momentum. We are seeing bu Show less Read more
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