Retail in Asia

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Interview: Macy’s CEO

CNBC’s interview with Macy’s CEO Terry Lundgren: Macy’s is one of the few retail stocks posting gains Thursday.

Macy’s not only trounced analysts’ monthly sales estimates for January, it also raised its earnings forecast. But even with this encouraging performance, Lundgren struck some cautious tones in his comments.

To view the full interview click the image or visit CNBC site here.

(Source: CNBC)