The pending sale puts the closed mall one step closer to demolition, a process expected for sometime in late 2025 ...
Home sales at Macy’s Inc. saw a dramatically steeper drop than other categories during the first six months of the fiscal ...
From Coach Bags to Levi’s jeans, Macy’s sale section is popping off with fall-perfection fashion pieces — details!
Macy’s announced plans to permanently close 55 stores by the end of 2024 in an effort to revamp the business. Here's what to ...
If I'm being honest, this time of year is typically the worst for sweater shopping. Since stores know you're itching to ...
Macy’s Inc.’s stock fell 14% Wednesday after the department-store chain missed sales and same-store sales estimates for its fiscal second quarter and lowered its full-year guidance ...
That was worse than the 0.3% drop in the previous quarter. Macy’s stores had a 3.6% comparable sales drop, while Bloomingdale’s had a 1.4% decline. Same-store sales at Bluemercury rose 2%.
Macy’s Inc. on Wednesday said Q2 net sales fell 3.8% year over year to $4.9 billion, with overall comps down 3.3%. Considering only Macy’s go-forward stores, which will remain open after the ...
Blaming shifting shopper habits and inflation, several major U.S. brands are decreasing their brick-and-mortar presence.
Macy's sells thousands of shoe styles and there's no shortage of on-sale options for fall. Shop our favorite picks for the ...
However, years of strategic plans have failed to improve same-store sales growth (consistently below 2% over the past 10 years) or cash generation. Indeed, Macy’s free cash flow to equity has ...
“Over the years customers have deserted it, sales have tumbled and store productivity has gone down. All the metrics have gone in the wrong direction.” There are 88 Macy’s locations in ...