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Joe Keenan
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Financial Briefs
Macy’s: The retailer reported that overall sales for February decreased 9.3 percent compared with the prior February’s sales. A bright spot for the company was its e-commerce sales, which combine Macys.com and Bloomingdales.com; they surged 16.2 percent in February.
J.C. Penney: Despite beating company forecasts, the retailer’s February sales still fell 7.2 percent from the previous year. Comparable store sales dropped 8.8 percent in the month.
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Joe Keenan
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Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.
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