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Dept. stores report April sales growth
NEW YORK — Consumers took advantage of Easter promotions and helped drive up sales at leading U.S. department stores.
Macy's Inc. reported total sales of $1.924 billion for the four weeks ended April 30, an increase of 10.9% compared with total sales of $1.735 billion in the four weeks ended May 1. The company’s same-store sales were up 10.8%, beating Macy’s guidance for comps to be up between 8% and 9%.