Analysts expect other department stores will follow suit this week.
Here is how the Macy’s Thanksgiving Day Parade came to be.
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 […]
Have you been to a mall lately?
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.
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 […]
Struggling to keep the customers coming to stores, Macy’s is expanding special deals by offering rewards and discounts to all shoppers, not just its credit card holders. Click the audio player above to hear the full story.
Macy’s flagship store in New York’s Herald Square now requires an online reservation for visits with Santa. “Santa’s a popular guy,” goes the explanation. Some 250,000 visitors come to Macy’s “Santaland” each year, according to the company. Santa visits are a big draw and can translate into big sales for retailers. Click the audio player above to hear […]
“Santa’s a popular guy."