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Agenda-setting intelligence, analysis and advice for the global fashion community.

Macy’s Tanks After Forecast Cut, Signaling Department-Store Woes

The department store's shares fell by 15% in New York on Wednesday, amid sales slide following rising competition by e-commerce rivals.
Macy's store.
Macy's store. (Shutterstock)
By
  • Bloomberg

NEW YORK, Unites States —

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