Check Out Line: Economy rains on Macy’s parade

[calm_girl]

Check Out Line: Economy rains on Macy's parade
      

Check Out Macy’s slashing its 2008 profit outlook as it eyes the gathering storm clouds ahead.
Macy’s, which also runs the Bloomingdale’s chain, is the latest retailer to see consumers shy away from purchases of new fall clothes as they try to stay afloat in the economic downturn. Several clothing chains and department stores posted dismal September same-store sales earlier this week.
Macy’s [...]
         

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