The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...
With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...
Macy’s plans to close 150 of its stores as it focuses on its luxury brands. The department store chain made this announcement Tuesday (Feb. 27) as it released quarterly...
As Macy’s closes locations by the hundreds, the retailer is turning to digital to keep customers engaged even as they lose their local, physical stores....
As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction...
In the midst of the holiday season, while numerous retailers anticipate a weak consumer spending forecast amid an inventory glut, Macy’s may have set itself...
Macy’s plans to hire more than 38,000 seasonal full- and part-time positions for the upcoming holiday season. The positions will be available at Macy’s, Bloomingdale’s...
Artificial intelligence (AI) is a hot tool these days. Not only is it helping brands and retailers streamline business operations to become more efficient but...
Inspired by Macy’s, Century 21, the department store chain celebrated for its deeply discounted designer clothing, is staging a comeback following its closure in 2020....