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No more monthly reports for Macy's

Cincinnati - Macy's became the latest retailer to announce it will cease reporting monthly sales and comp results. The retailer will stop issuing reports in 2013.

Kohl's said last month it will drop the practice in 2013. Target delivered the same news in October. JCPenney bowed out earlier this year.

This is the second time Macy's has pulled the plug on monthly results. It did so in early 2008, only to resume monthly disclosers later that year.

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