We've detailed how WorldNetDaily loves to push the fake-news story that financial woes at Macy's are somehow directly tied to the department store chain discontinuing Donald Trump's clothing line. But WND is bizarrely trying to keep the false story alive, the latest attempt coming in a June 27 article by Liam Clancy:
Nearly two years after phasing out its Donald Trump line of menswear, Macy’s stock has plummeted to its lowest levels in years.
Macy’s dumped Trump merchandise in July 2015 after the then-Republican presidential candidate made “derogatory” comments about Mexican immigrants.
“Macy’s is a company that stands for diversity and inclusion,” the company said at the time. “We are disappointed and distressed by recent remarks about immigrants from Mexico.”
Trump responded by calling for a boycott of the store, tweeting: “Those who believe in tight border security, stopping illegal immigration, [and] SMART trade deals [with] other countries should boycott Macy’s.”
The boycott by Trump supporters has taken a toll, according to Fortune magazine.
Macy’s now plans to close up to 100 stores and lay off 10,000 workers as sales plummet.
As usual, Clancy ignores the actual reasons Macy's is in trouble: customers moving away from traditional department stores and shopping malls to online, fast-fashion and off-price retailers.