dicks

Dick’s Sporting Goods, Macy’s Flash Warning Signs on U.S. Consumer Spending.

via WSJ: The sporting-goods chain slashed its profit targets for the year after missing Wall Street forecasts for the second quarter. Sales slowed after a pandemic-fueled surge for outdoor gear, leaving it with excess inventory. Executives said thefts of merchandise were also higher than they expected. Macy’s reported declining sales in the June quarter and …

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