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CoStar Economy: Are Retailers Trying to Tell Us Something?

Latest Earnings Red Flags May Reflect Cracks in Labor Market, the Foundation of Consumer Spending
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November 22, 2019 | 11:57 P.M.

“After seven consecutive quarters of comparable sales growth, we experienced a deceleration in our third-quarter sales,” - Macy’s CEO Jeff Gennette in a statement accompanying the retailer's earning release.

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