Macy's Sees Evidence Of Customers Moving Up Purchases -- Market Talk
Dow Jones
May 28, 2025
0909 ET - Macy's says that sales so far in the current quarter are above the levels it saw in March and April. That is partly due to customers moving up purchases to avoid some of the impact from tariffs. "There is this mentality--I've got to buy something now," Macy's CEO Tony Spring says of consumers. He says it was hard to know exactly which types of products were affected by this type of demand, but most likely they were big ticket items and jewelry.(Suzanne.Kapner@wsj.com)
(END) Dow Jones Newswires
May 28, 2025 09:09 ET (13:09 GMT)
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