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January 5, 2017 | 9:15 AM by Jaguar

Departmental & Specialty Stores (M, KSS, JWN, LB) – Coal in Retail’s Stockings

Macy’s (M) reported lower than expected sales for the last two months of 2016, sending shares 9% lower after market close on Wednesday. Similar to peers, CEO Terry J. Lundgren…

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