Macy's cuts full-year forecast despite strong quarter, fearing shoppers will pull back on spending - CNBC

Macy's on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel.

Macy's on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel that will force the department store chain to use heavy markdow… [+4117 chars]

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