Wednesday, January 4, 2017

UPDATE 1-Macy's, Kohl's slash 2016 profit forecasts citing weak end to year

Jan 4 (Reuters) - U.S. department store operators Macy's Inc

and Kohl's Corp both cut their profit forecasts

for 2016 on Wednesday, pointing to weak sales in the last months

of the year and bringing shares in the entire retail sector down

after hours.

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