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2025-01-15


Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand portfolio has more value than what it is showing today.

2025-01-10


Macy’s on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.

2024-12-18


Macy's needs to change its thinking in order to drive younger customers back to its brick-and-mortar stores, according to activist investor Barrington Capital.

2024-12-12


Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling business. It is aiming to close 150 stores in three years.

2024-12-11


The CPI report sets the stage for the Federal Reserve's final interest rate decision of the year.

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Macy's CEO Tony Spring provided a fresh update on the rogue employee that hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.

Analysts see much bigger challenges for the retailer than lax accounting.

Analysts see much bigger challenges for the retailer than lax accounting.

The CPI report will set the stage for the Federal Reserve's final interest rate decision of the year.

2024-12-10


Macy’s is facing calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors are Barington Capital Group and Thor Equities.

2024-11-29


Is the 6 a.m. Black Friday thrill still there. and what does it mean for department stores?

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2024-11-27


What Is Black Friday?

Nov 27, 2024, 4:00 PM

Black Friday remains one of the busiest shopping days of the year, but its impact has been diluted by monthlong holiday sales and the convenience of buying online.

With the busy holiday shopping season due to begin, here is a list of when some major retailers offering deals will open on Black Friday.

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2024-11-25


Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of millions of dollars of expenses.

An employee "intentionally" concealed expenses related to package deliveries, the retailer says.

The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of millions of dollars of expenses.