Magic of Macy’s?

Macy’s: the nation’s biggest department store chain, an anchor in malls from coast to coast and a shopping staple for most Americans for generations. Shares of the chain ended just a hair lower after the company reported that sales fell short of forecasts last quarter, due to all that brutal winter weather and a slow start to spring, even though profits were slightly higher. Courtney Reagan has more on Macy’s last quarter results and how confident the retailer is about business in the months ahead.

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