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Saturday, November 16, 2024

Macy’s and Costco sound a warning about the economy

New York CNN — Macy’s, Costco and other big chains say shoppers are pulling back at their stores and changing what they buy. That could be a red flag for the US economy. Macy’s (M) on Thursday cut its annual profit and sales forecast after customer demand slowed. “The US consumer, particularly at …

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