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Description:  President and CEO Terry Lundgren says sales are slowly increasing as the department store chain trims excess inventory.

Source: CNNMoney – video report
 
Date: 11/27/2009

Link: http://money.cnn.com/video/news/2009/11/27/n_macyceo_quest.cnnmoney/

Questions for discussion: 

  • Summarize the reasons for expected financial improvements over last year?
  • Do you share these beliefs? Explain your thinking.
  • How else can retailers act to improve their financial performances?

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