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Macy’s, Kohl’s Lead Shift From Retail Boom to Post-Holiday Gloom

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As holiday results start trickling in from major U.S. retailers, the early indication is that the road will get a lot tougher for them in 2019. Bellwether chains Macy’s Inc., Kohl’s Corp. and Target Corp. all tumbled in premarket trading Thursday after Macy’s cut its annual earnings forecast and seasonal sales disappointed at Kohl’s. Barnes…

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