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.
Mario Tama/Getty Images

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.
Spencer Platt via Getty Images

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.
Al Bello/Getty Images

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.
Joe Raedle/Getty Images

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Retail rebound is now: Sales predicted up 4.5 percent over last year

Aug 15, 2018
Major department stores report their earnings this week, starting with Macy’s on Wednesday, followed by Nordstrom and J.C. Penney on Thursday. After a retail slump and slide over many quarters, Americans are coming back to shopping, and the numbers show stores are enjoying the trend. Click the audio player above to hear the full story. 
Department store sales have been declining.
EMMANUEL DUNAND/AFP/Getty Images

July sales are pressuring the shipping industry like it’s the holiday season

Jul 16, 2018
Today is Prime Day, Amazon’s annual day of discounts that the retail giant hopes will rack up sales and lure new subscribers to Prime. Walmart, Target, Macy’s and other retailers are also getting in on what’s being dubbed Summer Black Friday. With all those packages on the move, the shipping industry is ramping up to […]

Macy’s parades an unexpectedly strong earnings report

May 16, 2018
The department store chain beat Wall Street’s estimates on a whole lot of fronts.