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Macy’s online sales grow 27% in Q3 2020

Macy’s Inc.’s slowing digital sales growth raised concerns with the department-store chain entering the crucial holiday season. Digital sales grew 27% compared to the same quarter last year, though that was a deceleration from the second quarter’s brisk 53% rate. Digital sales accounted for 38% of third-quarter total sales, up 14 percentage points from last […]

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