The 85,000-square-foot store, built on the site of a former Boston Store, is scheduled to open Oct. 15.
Consumers are still turning to Macy's Inc. for work wear and luxury goods even as inflation puts pressure on household budgets, Chief Executive Officer Jeff Gennette said. This, even as the retailer lowered its full-year sales and earnings outlook. Bloomberg's Caroline Hyde and Dana Telsey, Telsey Advisory Group CEO, speak on "Bloomberg Markets."
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