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Macy’s Cuts Sales Outlook

Macy’s Inc. cut a distinction and sales forecasts for a year after stating unsatisfactory sales in a face of indolent spending by American consumers.

Karen Hoguet, Macy’s arch financial officer, pronounced consumers are spending some-more of their disposable income on things like cars, health care, and electronics, that aren’t carried by department…

Article source: http://online.wsj.com/articles/macys-cuts-sales-outlook-1415798761

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