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Macy's, Kohl's Slash 2016 Profit Forecasts Citing Weak End to Year

Macy's said the shutdown of 68 stores, a part of the 100-store closures the company had announced in August last year, may result in the layoff of about 3,900 associates.
Macy's store in New York.
Macy's store in New York. (Shutterstock)
By
  • Reuters

NEW YORK, United States —

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