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Macy's to shutter 150 stores amid focus on luxury

Department store will close dozens of outlets this year and the rest over a three-year period after issuing muted trading outlook ....

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New Year Shopping: 18% of respondents opt for high-end luxury purchases, reveals survey

18% of respondents plan to indulge in luxury items for Christmas and New Year s Eve shopping, while 79% choose more economical choices; 14% engage in specific financial planning activities for the New Year, while 84% do not participate. ....

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