Tag: Nordstrom

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Macy’s CEO Warns of Price Hikes as Tariffs Squeeze Department Stores

People walk past the Macy’s Herald Square flagship store on November 29, 2024 in New York City. Getty Images Tariff-driven price hikes are making their way into department stores. This week, Macy’s CEO Tony Spring—whose company also owns Bloomingdale’s and the cosmetics chain Bluemercury—said rising costs tied to tariffs will soon impact prices across select […]

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