Macy’s sales decline 40.5% in first half, down 35.8% in Q2

US-based department-store group Macy’s first half sales fell 40.5% year-on-year to $6.58bn (26 weeks ended August 1, 2020). Net loss came in at $4.01bn in the first half, compared to net income of $223m in the first half of 2019....

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