Barron's Commentary - Lorne Bycoff on the Retail Sector and Macy’s Accounting Challenges
Lorne Bycoff, CEO of The Bycoff Group, recently spoke with Barron’s reporter Sabrina Escobar about the retail sector, addressing accounting challenges at Macy's and their broader implications. Commenting on the recent news, Mr. Bycoff said, "These things do happen. They obviously caught it and are rectifying it. I definitely want to make sure their accounting practices are shored up going forward, but I try to do my best to give the benefit of the doubt."