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Retailers like Macy's want a bigger slice of e-commerce ad sales

Mar 13, 2024
Selling ads on e-commerce sites is a $50 billion industry. Amazon dominates retail media, taking in about 75% of ad dollars.
Macy’s has announced plans to close 150 underperforming stores across the U.S. in coming years.
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Department stores like Macy's rely on an old shopping model. Can they change?

Feb 27, 2024
In the age of globalism and online shopping, the department store’s strength — as a place for everything — has became its weakness.
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What happened to the "magic of Macy's"?

Dec 11, 2023
Investors are reportedly offering less than $6 billion to buy the once-iconic department store chain.
Macy's hasn't kept up with consumer shopping preferences, analysts say.
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Macy's is expanding investment in strip malls with smaller stores

Aug 1, 2022
Outdoor shopping centers have become more popular as consumers look for convenience.
Macy's is building out its smaller-footprint concepts like Macy’s Backstage. They'll be located in strip malls, where consumers can make quicker shopping trips.
Eugene Gologursky/Getty Images for Macy's, Inc.

When consumers feel strapped, some brands do well anyway

May 27, 2022
Strong earnings from Nordstrom, Macy's and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.
Dollar Tree said groceries made up a bigger part of its sales last quarter — which could spell trouble for retailers like Walmart and Target.
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Back in name only: Toys R Us brand to reappear in more than 400 Macy's stores

Aug 20, 2021
Just a few years ago, the toy retailer closed its U.S. operations and laid off 30,000 workers.
A Toys R Us store in New York in 2018, after the chain said its U.S. locations would close. Macy's plans to use the brand name to boost traffic in its department stores.
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Macy's furloughs are a sign of COVID-19 troubles for big retailers

Mar 31, 2020
Analysts expect other department stores will follow suit this week.
While brick-and-mortar stores are closed, a lot of big retailers are trying to sell this season’s clothes at a discount online.
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For public good, not for profit.

For big retailers, a mixed bag of holiday results

Jan 10, 2019
We heard a lot of rosy retail forecasts heading into the holiday season. Consumer confidence was high, the economy was strong and sales were going to be great. How’d it pan out? A bit of a mixed bag, actually. Some big retailers, like Target and Costco, have posted strong holiday sales results. Others, like Macy’s […]
A Macy's sign is seen on a Macy's store at CityPlace after reports indicate that it is one of 68 stores that the company plans on closing on January 5, 2017 in West Palm Beach, Florida.
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