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Retailers to face another major challenge: Macy's CEO

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Squawk on the Street

Retailers to face another major challenge: Macy's CEO

Macy's CEO Terry Lundgren says a warmer holiday season, lower tourist spending and online sales could be major challenges for retailers. CNBC's Courtney Reagan explains.

01:49

Tue, Jan 19 201610:25 AM EST

Courtney Reagan

Earnings will make new record highs over the next few quarters, says Ed Yardeni

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