Macy’s CEO Jeff Gennette says, “the consumer is under pressure,” but is still looking to give gifts. He speaks to Bloomberg’s Caroline Hyde about consumer spending, the continuing evolution of retail, and why department stores are still relevant to customers as the holiday shopping season begins.
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Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
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Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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