Macy’s

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

Company logo
Company cover image

J.C. Penney Succumbs, Closing Up To 140 Stores

J.C. Penney Succumbs, Closing Up To 140 Stores
J.C. Penney Succumbs, Closing Up To 140 Stores
February 27, 2017  |  Retail

J.C. Penney Company announced Friday (Feb. 24) that it’s gearing up to close 130 to 140 of its 1,000 stores over the next few months...

READ MORE >
Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
February 24, 2017  |  Exclusive Series

Baby, you can drive my car … loan book off a cliff. Warning signs in subprime are heating up like an engine light on the...

READ MORE >
Macy’s Manages An Earnings Beat — But Performance Is Still Lackluster
Macy’s Manages An Earnings Beat — But Performance Is Still Lackluster
February 22, 2017  |  Earnings

Though there is plenty to be concerned about in Macy’s latest round of earnings, the report was not entirely absent good news. Earnings did manage...

READ MORE >
Department Store Outlook Grim For 2017
Department Store Outlook Grim For 2017
February 10, 2017  |  Retail

It looks like more bad news for the U.S. department store sector. After a subpar holiday shopping season, research firm Moody’s announced that it had...

READ MORE >
Macy’s In Early Sale Talks With Hudson Bay As CEO Steps Down
Macy’s In Early Sale Talks With Hudson Bay As CEO Steps Down
February 03, 2017  |  Retail

Macy’s long-term CEO Terry Lundgren will soon be stepping down from his position, as announced in the summer of last year. Lundgren has been in...

READ MORE >
PYMNTS Daily Data Dive: Closing Malls
PYMNTS Daily Data Dive: Closing Malls
January 23, 2017  |  Today In Data

Shares of mall companies fell earlier this month after the announcement by Sears Holding Corp. that it will close as many as 150 stores over...

READ MORE >
Retail Sales Jump 4.1 Percent In December Buoyed By eCommerce, Auto-Related Sales
Retail Sales Jump 4.1 Percent In December Buoyed By eCommerce, Auto-Related Sales
January 16, 2017  |  Retail

Retail sales increased 4.1 percent in December, compared to a year ago, buoyed by eCommerce and auto sales. Get the Full Story Complete the form...

READ MORE >