An indoor shopping mall is seen before having to close due to new restrictions by the State of California during the global outbreak of the coronavirus disease (COVID-19) in Carlsbad, California, U.S., July 14, 2020.
Mike Blake | Reuters
Macy’s said Wednesday its same-store sales tumbled 35.1% during the second quarter, despite a strong showing online.
Its digital sales were up 53% from a year ago, it said, as more shoppers visited its website during the coronavirus pandemic to buy workout clothes and home decor.
Macy’s shares rose more than 6% in premarket trading.
“We are encouraged by our second quarter performance; however, we continue to approach the back half of the