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Macy’s Firms Up Balance Sheet, Unveils New Private-Label Fashion

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Thanks in part to resurging consumer demand, Macy’s Inc. is on track to retire a good chunk of its debt and get back to a healthier leverage ratio. The news comes just weeks after the department store retailer debuted a new dual-gender private-label fashion brand rife with “elevated essentials for contemporary shoppers.” “Investing in the…

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