Macy’s 2nd quarter profit surges on local marketing

August 10, 2011 @

Macy’s 2nd quarter profit surges on local marketing

NEW YORK — Macy’s on Wednesday reported a 64% increase in second-quarter earnings, becoming the first major retailer to post results following a downgrade of U.S. debt late last week that led to growing fears among consumers about the possibility of another recession.

Read More By  Associated Press

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