2026-06-04
13 分钟This is a new era of American innovation.
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It's Wednesday, June 3rd.
I'm Alex Ossola for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
We're looking today at some retail earnings.
Macy's has raised its outlook for the year after its sales for the most recent quarter rose 1.8 percent.
A key retail metric, same-store sales, rose 3 percent.
To talk about what's driving this growth, I'm joined now by Suzanne Kapner, who covers retail for The Journal.
Suzanne, Macy's is in the middle of this turnaround plan under its CEO, Tony Spring.
He is focused on improving the merchandise they have on sale.
They're adding more higher-end brands.