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Macy's is expanding investment in strip malls with smaller stores
Outdoor shopping centers have become more popular as consumers look for convenience.
When consumers feel strapped, some brands do well anyway
Strong earnings from Nordstrom, Macy's and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.
Back in name only: Toys R Us brand to reappear in more than 400 Macy's stores
Just a few years ago, the toy retailer closed its U.S. operations and laid off 30,000 workers.
Macy's furloughs are a sign of COVID-19 troubles for big retailers
Analysts expect other department stores will follow suit this week.
Macy’s Thanksgiving Day Parade, brought to you by Macy’s immigrant staff
Here is how the Macy’s Thanksgiving Day Parade came to be.
For big retailers, a mixed bag of holiday results
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 […]
Brick-and-mortar retailers try a new approach to combat losses to internet sales
Have you been to a mall lately?
Retail rebound is now: Sales predicted up 4.5 percent over last year
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.
July sales are pressuring the shipping industry like it’s the holiday season
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
The department store chain beat Wall Street’s estimates on a whole lot of fronts.