Macy’s says its holiday sales will be lower, citing inflation pressures
By Ramishah Maruf, CNN Turns out inflation may have put a damper on the holidays. Macy’s chair and CEO Jeff Gennette said lulls during the non-peak holiday weeks “were deeper than anticipated” and that consumers will continue to feel pressured into 2023, in a Q4 update Friday. Macy’s said Friday its net sales from the
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