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Swot Analysis Of Macy's

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Swot Analysis Of Macy's
Macy's Inc. made an alarming announcement on Wednesday as the retail company reported a lower full-year forecast. Macy's suffered from the effects of warm weather, an increase in unsold inventory, and low tourist spending, which affected other retailers. In addition, Macy's said it will not turn to REITs, which left investors disappointed. It lowered the retail giant's sales by 14 percent within the day, as reported by Reuters.
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