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Bad retail sales results from Macy’s fail to dent stocks

Big-box retailer Macy's (M) cuts its guidance for comparable store sales, earnings, and revenue for fiscal 2019 on weaker than expected holiday sales. Kohl's (KSS) reported a 1.2% increase in holiday comparable store sales. The company said that fiscal year earnings are expected at the upper end of the company's guidance to Wall Street. Target […]

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