February 25, 2020
Macy’s Touts A Turnaround After Q4 Earnings Beat
After four consecutive quarters of progressively declining results, Macy’s managed to surprise the markets on Tuesday (Feb. 25) with an unexpected beat on earnings, gaining a boost from late holiday...
February 19, 2020
Macy’s Dropped To Junk-Bond Status
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to trim billions, the Financial Times...
February 12, 2020
The Connected Bride Gets A Little Platform Help
Here comes the connected bride. And this year’s model has a series of new platforms, partnerships and interactive tools to plan the wedding. For their part, retailers are trying to...
February 05, 2020
Macy’s Woes Add To Tough Week For Malls
It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most aggressive brick-and-mortar initiatives in recent...
January 31, 2020
Macy’s To Open New Store Format With Beauty Focus
Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to more locations in the future, according to reports....
January 27, 2020
1200+ Retail Store Closings Announced So Far In 2020
The new year has not been kind to retail stores around the country, as the trend of accelerating store closings continues, according to a report by Yahoo! Finance. Macy’s, JCPenney,...
January 24, 2020
Macy’s Teams With Zola To Add Exclusive Products To Registries
To help engaged couples register for more than 2,000 Macy’s exclusives, one-stop wedding commerce site Zola rolled out a registry partnership with Macy’s. The integration of the most popular brands...
January 23, 2020
Express To Shutter 100 Stores To Save $80M Per Year
By closing 100 stores in the next two years, Express aims to save around $80 million annually over the next three years, as reported by CNBC. The clothing retailer said...
January 17, 2020
Late Holiday Shoppers Made More Use Of Store Pickup
This past Christmas was one for the procrastinators, as people seemed to be more comfortable shopping for gifts much later in the season, according to a report from CNBC. They...