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November 15, 2018

Macy's tries shrinking in order to grow

  • Macy's is testing four different “neighborhood store” models during this crucial holiday season, and says it will share details early next year.
    • By ANNE D'INNOCENZIO
    AP Retail Writer

    NEW YORK — Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales growth at existing locations and getting strong reactions from customers both online and in its stores.

    The company also lifted its expectations for annual earnings on Wednesday.


     
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