Macy's (M.US) sees same-store sales turned positive for the first time in three years! Stock price soars over 20% in a single day.

According to the Wall Street Journal App, the stock price of the well-known American department store retailer Macy's (M.US) surged by over 20% as of the closing of the US stock market on Wednesday. Its large-scale turnaround strategy has led to positive growth in same-store sales for the first time in three years. However, the company still plans to further close stores to continue improving operating profits, attempting to advance both the "store renovation" and "store closure efficiency improvement" plans.