NEW YORK -- Veteran department-store chain Macy's is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business ...
Bold New Chapter Overview: Announced in February 2024, Macy’s strategy targets closing around 150 underproductive stores by ...
SANTA CRUZ, Calif. – Most department stores experienced a decline in store visits during the first quarter, whether they were high-end or moderately priced. Just 3 of the 8 department stores tracked ...
NEW YORK – With comp gains at each of Macy’s Inc.’s retail divisions, the company delivered a second quarter of better-than-expected results. Total company sales – which include the impact of previous ...
Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and improving ...
NEW YORK (AP) — Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit ...
Macy's Inc will drastically change how it does business this holiday season, executives said on Wednesday, placing a sharper focus on online sales and promoting more beauty and home items to shoppers ...
We recently published a list of Jim Cramer’s Game Plan: 12 Stocks in Focus. In this article, we are going to take a look at where Macy’s, Inc. (NYSE:M) stands against other stocks that Jim Cramer ...
Disney and Macy’s teamed up for a 120-piece collection that coincides with Minnie’s second year as a float. Products in the ...
Macy's shares jumped over 20% Wednesday after the biggest U.S. department store chain posted better-than-expected results and boosted its guidance on solid demand at its "Reimagine" namesake locations ...
SAN FRANCISCO -- Macy's has announced a plan to reopen all 775 of its department stores around the country over the next six to eight weeks. But things won't be exactly as they were before the novel ...