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Macy’s shows signs of post-lockdown life as customers flood back, losses less than anticipated

Macy’s shows signs of post-lockdown life as customers flood
back, losses less than anticipated 1

“The COVID-19 pandemic significantly impacted our first quarter sales and earnings results, but I am proud of the way our team navigated this difficult period and maintained the business while our stores were closed,” Gennette said. “Our strong digital business sales trend continued throughout May, and it is encouraging to see that as we reopen a store, the digital business in that geography continues to be strong.”

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