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Somber US Department Store Holiday Season Casts Pall over 2017

After a disappointing holiday shopping season, the nation's largest department stores and some of the shoppers who still depend on them are set for an unhappy new year. Macy's, Kohl's and other department stores are hurting as more people shop online, visit lower-priced stores or spend more of their money on smartphones and other gadgets. The future of department stores seems bleak as they close locations — and thus give shoppers less options at the mall and more reason to...

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