Macy’s (M) practically owns the holiday season. The department store that is famous for its luxury goods is also the source ...
New York City, the shopping capital of the world, transforms into a bargain hunter’s dream every January. The city buzzes with energy as stores slash prices during their post-holiday sales. From ...
a decrease of 2.4% compared to 2023 third-quarter sales. "We now expect to close roughly 65 locations this year," said Macy's CEO Tony Spring in the earnings call. "In line with our typical cadence, ...
At the first 50 stores that Macy's has overhauled, same store sales rose 1.9%. The company now expects earnings per share to be $2.25 per share to $2.50 per share for the year, down from its ...
The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.
Comparable sales (comps) fell on an owned-plus-licensed-plus-marketplace. Macy's strategic initiatives for fiscal 2024 focus on executing its "Bold New Chapter" strategy, which includes ...
Macy’s is facing a rough holiday season after revealing disappointing sales figures and slashing its profit outlook. The grim outlook provided by bosses this morning has sparked fears for the ...
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over ...
Same-store sales climbed 1.9% at the 50 locations that Macy's is prioritizing ... Customers are flocking to clearance and deals, while warmer weather caused a hit on high-margin categories ...
Macy’s lowered its earnings estimates for the year after its third quarter results showed weakness in its sales. AP Macy’s delayed its third quarter earnings report by two weeks after it ...