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Macy’s sees slowing sales activity in Q2, adjusts forecast

Macy's saw underwhelming sales activity, but remains positive with luxury performance. Image credit: Macy's


U.S. retail corporation Macy’s Inc., owner of department store Bloomingdale’s, is reporting a 1.6 percent decrease in sales year-over-year, from $5.65 billion in 2021 to $5.6 billion in 2022.