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Macy’s reports a 5% drop in Q2 online sales

Department store operator Macy’s Inc. reported a 5% decrease in online sales for its second fiscal quarter, which ended July 30. But online sales remained 37% higher than the comparable quarter in 2019 — before the COVID-19 pandemic drove millions of consumers to buy online. Macy’s says online sales for the quarter represented 30% of […]

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