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News Breaks
March 25, 2014
08:48 EDTMMacy's says environment has been very promotional
Still sees FY14 SSS up 2%-3%. Says weather making it challenging to figure out "what's going on" with consumer, says consumer not "overwhelmingly excited" about spending. Says will continue to close stores that are no longer cash positive, stores "that aren't worth investing in," says will open a few new full-line stores this year. Says $1.1M in capital spending "feels like the right number." Comments made at the Telsey Advisory Group Spring Consumer Conference.
News For M From The Last 14 Days
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August 21, 2014
10:35 EDTMSears falls after reporting Q2 loss that more than doubled analyst projections
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August 20, 2014
08:31 EDTMMacy's reaches agreement with NY AG on racial profiling allegations
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