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Macy’s CEO: ‘All of Apparel Remains Challenged’

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Macy’s Inc.’s CEO Jeff Gennette said the company’s Polaris strategy helped it shift gears and adjust to the impact from the coronavirus pandemic, although he doesn’t see apparel sales in non-casual categories returning until the back half of 2021. Also, inventory levels in the home sector could see some pressures in the near-term due to…

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