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Big earnings, sales miss for Macy’s
Macy’s reported disappointing earnings for its first quarter, as its sale continued to slide. Macy's posted a first quarter profit of $71 million, or 23 cents a share, down from $116 million, or 37 cents a share, in the year-ago period. Excluding some costs, Macy's adjusted per-share profit fell to 24 cents from 40 cents, below analysts' expectations for 35 cents. -
REIMAGINING STORES
As digital commerce forces brick-and-mortar stores to innovate, industry experts share their views on the future of physical retail.
From department stores to discounters to home improvement chains, nearly all retailers are engaged in the same game: trying to imagine what stores of the future will look like in an increasingly digitized world.

