Telsey's Chin Interview on Macy's, Consumer Spending

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Aug. 11 (Bloomberg) -- Tom Chin, director of analytics at Telsey Advisory Group, talks about the outlook for U.S. consumer spending and retailer earnings. Macy's Inc., the second-biggest U.S. department-store chain, today reported second-quarter profit that exceeded analysts' estimates and raised its annual earnings forecast as exclusive brands increased sales. Chin talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)

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