• Daphne Howland
• 15 May, 2019

Macy's on Wednesday said that first quarter revenue slid to $5.5 billion from $5.54 billion in the year-ago quarter, but comp sales rose 0.6% on an owned basis and 0.7% on an owned-plus-licensed basis. That reflects the department store's sixth consecutive quarter of comparable sales growth, CEO Jeff Gennette said in a statement. The retailer, which runs Macy's, Bloomingdale's, Bluemercury and off-price banners, saw "double-digit growth" in e-commerce, and mobile...
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