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Thursday, November 12, 2015

Macy's cuts full-year forecast, sends shivers through retail

http://www.reuters.com/article/2015/11/12/us-macys-results-idUSKCN0T01IQ20151112#WOdiBVge4SA3Fs8T.97

Warm weather, low spending by tourists and a pileup of unsold inventory prompted Macy's Inc to cut its full-year forecast on Wednesday, raising wide concerns about the retail sector's financial health.''

Warm weather ha ha ha ha ha....


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