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 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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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.
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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.

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Macy’s: Rewards for all, no card needed

May 16, 2018
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. 

In holiday shopping season, brick and mortar stores have Santa advantage

Nov 23, 2017
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 […]