Macy's under pressure to follow peers' forecast cut
China Daily | Updated: 2008-10-10 08:09
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Shoppers walk in front of Macy's department store in New York. Bloomberg News |
Macy's Inc, the second-biggest US department-store company, may forecast profit lower than it previously predicted after JC Penney Co, Kohl's Corp and Nordstrom Inc projected declines on Wednesday.
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