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Lululemon, Chico’s, Macy’s all issue warnings
Shops are offering their traders a delayed lump of coal. Many high-profile shops are out with lackluster product sales and financial gain updates forward of their complete success in late February/early March. General, the vibe in the studies are dim as people pullback on discretionary purchases and retailers fight by means of stubborn inflation and continue to bloated inventories. The corporate emblem for Lululemon hangs on a wall at their shop in Brookfield Put on August 26, 2022, in New York Town. (Photo by Gary Hershorn/Getty Illustrations or photos) Right here are three warnings that are standing out on Monday. Macy’s (M) warned that it sees product sales at the…