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Consumer Spending is Tightening Up… Kind Of
Motley Fool Money
Macy's Is a Weak Business in This Environment
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The stock is still off 40% from its 52 week highs. Sales down 7%, brick and mortar down 6, digital sales down 8%. There's some real weaknesses continuing in this business. Chewy just has a better understanding of its customer than other pet retailers. Nearly three force of all sales are coming from their auto ship program.
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