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Macy's (M -0.6%) and Costco (COST -1.3%) plan to ramp up e-commerce efforts in China in order to...

Apr. 09, 2013 12:27 PM ETMacy's, Inc. (M) StockCOST, MBy: Clark Schultz, SA News Editor1 Comment
Macy's (M -0.6%) and Costco (COST -1.3%) plan to ramp up e-commerce efforts in China in order to avoid the misfires of U.S. brick-and-mortar retailers such as Best Buy and Home Depot. Though not a lot of details on the initiatives have been released yet, both companies appear likely to partner with local operators in the initial stages.

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