Department store operator Macys Inc. raised its sales and profit outlook for this year and said moves to tailor merchandise to local demand through My Macys initiatives are working.
Almost a year after My Macys initiative was rolled out nationwide to its 810 Macys stores, the strategy to tailor merchandise to local demands -- be it selling more career clothing for the government jobs-concentrated market in D.C. or to sell more Kentucky Derby merchandise in that state has translated to better sales and profits.
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