Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007
Source: macys.com
The CEO of Macy’s said effects of $1,400 stimulus checks are already starting to show up in the company’s stores and website. Get the Full...
Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...
In today’s top retail news, Mall of America modified the terms of its $1.4 billion mortgage, while Macy’s intends to close 45 retail locations. Plus,...
As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store...
Now that the holiday shopping season is over and the returns season has begun, the department store doomsayers are back. With Mastercard’s holiday spending report...
In today’s top retail news, former Macy’s CEO Terry Lundgren said he anticipates more store closings next year, while about half of Americans intend to...
Amid a year in which over 11,000 retail closings have been announced, past Macy’s CEO Terry Lundgren foresees that disruption to the retail vertical related...
It’s hard to find things to like about the department store sector these days. Macy’s reported earnings last week, and it didn’t help naysayers change...