Macy's Profit Forecast, Walmart's Neighborhood Market Expansion, Party City's Store Revamp Retail Daily Minute

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Here are today's top headlines:
Macy's has raised its profit forecast for the year, citing the success of CEO Tony Spring's turnaround plan in mitigating the impact of cautious consumer spending. Walmart is expanding its Neighborhood Market format with new stores in Santa Rosa Beach, Florida, and Atlanta, Georgia, as part of a five-year growth plan to open 150 locations across its various banners. Party City is re-opening three stores with a new format in Maryland, Florida, and New Jersey, featuring dedicated service areas for balloons and "birthday worlds."
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