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A coalition of 267 federal, state and local trade associations is urging leadership of the International Longshoremen’s Association and the United States Maritime Alliance to reach a new labor contract before the January 15, 2025, contract expiration date.

With investor groups again challenging Macy’s to take the operation in a new direction, the company responded it is willing to engage shareholders, but it is confident in the strategy currently under implementation. 

Key economic trends continue to support the view that the 2024 holiday selling season will be solid, according to National Retail Federation Chief Economist Jack Kleinhenz.