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Macy's reports mixed holiday quarter, unveils new strategy

By Josh White

Date: Tuesday 27 Feb 2024

(Sharecast News) - Shares in Macy's were bobbing above and below the waterline in pre-market trading on Tuesday, after the retail giant reported a mixed set of holiday-quarter figures and unveiled a new strategic plan.
The company recorded a net sales decrease of 1.7% year-on-year, amounting to $8.1bn in the fourth...

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