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Citibank lowers its estimates for department stores, citing soft traffic trends and mixed...

Citibank lowers its estimates for department stores, citing soft traffic trends and mixed holiday sales. Another point to consider is the firm's warning that consumers may have pulled many of their purchases forward with retailers launching the holiday shopping season earlier than ever. Citi profit cuts: JCP, JWN, KSS, M.
Comments (1)
  • Not surprising.
    13 Dec 2012, 03:17 AM Reply Like
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