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After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end.
Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
Macy’s stock fell 8% early Wednesday after the department-store chain missed sales and same-store sales estimates for its fiscal second quarter and lowered its full-year guidance, citing a still ...
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.
Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and decli… ...
Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with broadly higher prices.
Macy's is closing 150 stores by the end of 2026 and rolling out new initiatives in its remaining stores. Click here to find out my earnings analysis of M stock.
Macy’s stores on the chopping block weigh on holiday sales Thanks to revamped locations and gains at Bloomingdale’s and Bluemercury, though, the department store continues its turnaround with ...
Macy’s is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales slump.
Macy's beat quarterly earnings expectations but it cut its sales forecast for the full year. The company is trying to turn around its business as it closes about 150 namesake stores.
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid still high inflation on necessities, increased promotions among rivals ...
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