image: Macy's

Macy’s rebound slows in second quarter

August 15, 2018

With a shift in timing of a major sales event, Macy’s results may be better tracked throughout the first half of the year rather than quarter by quarter. With the second quarter year-over-year impact of the department store’s spring Friends & Family shift to the first quarter, comparable sales rose by a more respectable 2.9% on an owned and licensed basis, noted GlobalData Retail Managing Director Neil Saunders in comments emailed to Retail Dive.

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