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Where Macy’s Is Seeing ‘Robust’ Growth

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The impact from the coronavirus has retailers rethinking their store network, and Macy’s Inc. is no exception. “Off price is growing for us and robustly,” Macy’s CEO Jeff Gennette said on Wednesday, noting that since the coronavirus pandemic’s outbreak, the retailer has put into motion plans to open a few Backstage freestanding stores and Bloomingdale’s…

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