Macy's (M +0.9%) CFO Karen Hoguet issues positive comments on the retailer's online and...

|About: Macy's Inc. (M)|By:, SA News Editor

Macy's (M +0.9%) CFO Karen Hoguet issues positive comments on the retailer's online and back-to-school sales at the Goldman Sachs Global Retailing Conference. Despite indications of a strapped consumer the exec sees sales sustaining in the U.S., while Europe remains more worrisome. CapEx spending of $900M-$950M is also pegged. (webcast)