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16 Things You Need to Know This Morning

16 Things You Need to Know This Morning
Department Store Stocks Fall As Macy's
Weak Earnings Signal Challenges Ahead
Department store stocks fell sharply Thursday morning after Macy's Inc. and Kohl's Corp. reported dissapointing Q1 same-store sales. As shopper preferences change toward online shopping and away from large department stores, investor confidence in the sector continues to worsen. 

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