Macy's CEO warns that the trade war could force the department store to raise prices

Macy's CEO Jeff Gennette said in an earnings call on Wednesday that proposed new tariffs would have a significant impact on the company."It is hard to do the math to find the path that gets you to a place that doesn't have a customer impact," he said, without commenting on exactly what this would mean in terms of price increases.The US-China trade war reached new levels this week. Retailers are now bracing themselves for the prospect of yet more tariffs on $300 billion worth of Chinese...

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