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Department stores dead? Not yet -- and Macy's boffo earnings show why

Macy's saw a sales increase at the start of the year that led to a $131 million profit, and surpassed the expecta.....»»

Category: topSource: usatodayMay 16th, 2018

Department stores dead? Not yet — and Macy's boffo earnings show why

Macy's saw a sales increase at the start of the year that led to a $131 million profit and surpassed the expect.....»»

Category: topSource: usatodayMay 16th, 2018

Macy"s raises annual forecast before holiday season

Macy's Inc raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, as the department store chain builds on a recovery strategy that focuses on its well-performing stores and expanding online......»»

Category: topSource: reutersNov 14th, 2018

Dead department stores are finding an unexpected new life with U-Haul (M, SHLD, UHAL)

AP Photo/Charlie Neibergall U-Haul is looking to buy 13 former Sears and Kmart stores for $62 million, court documents show. These former depar.....»»

Category: topSource: businessinsiderDec 5th, 2018

Santa Monica"s historic Sears store has been remade as office space, but who"s renting?

The $50-million makeover was intended to show how to reuse obsolete department stores in urban areas. Its owners predict it will turn out that way, but their t.....»»

Category: topSource: latimesDec 13th, 2020

Macy"s delays first-quarter results to July 1, citing COVID-19 disruption

Department store chain Macy's Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led to delay in financial statement preparation......»»

Category: topSource: reutersMay 7th, 2020

Will Anyone Show Up At Macy’s 775 Stores?

Over the next two months, Macy’s Inc (NYSE: M) will open all 775 of its stores. This includes its Bluemercury outlets. The company’s CEO Jeff Gennette says he does not know how many........»»

Category: blogSource: 247wallstMay 1st, 2020

Macy"s reopening 68 stores, targets all within six weeks as U.S. curbs loosen

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures......»»

Category: topSource: reutersApr 30th, 2020

Here"s Macy"s plan to reopen its stores, starting with 118 in May

Department store giant Macy's Inc. has kept its stable of around 775 stores, between all of its brands, closed for most of the duration of the coronavirus crisis, but that will soon be changing......»»

Category: topSource: bizjournalsApr 30th, 2020

Macy"s reopening 68 stores, targets all within six weeks as U.S. restrictions loosen

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of closures......»»

Category: topSource: reutersApr 30th, 2020

Macy"s to furlough nearly 130,000 employees as virus keeps stores shut

Macy's said on Monday it would furlough most of its employees starting this week as all stores of the department chain operator stay closed to curb the spread of the coronavirus. Yahaira Jacquez reports......»»

Category: videoSource: reutersMar 30th, 2020

Macy"s, Kohl"s to furlough employees as virus crisis keeps stores shut

Department store operators Macy's Inc and Kohl's Corp said on Monday they would furlough thousands of employees as U.S. retailers keep their stores shut to curb the spread of the coronavirus outbreak......»»

Category: topSource: reutersMar 30th, 2020

Macy"s to furlough nearly 130,000 employees as virus keeps stores shut

Macy's Inc said on Monday it would furlough most of its employees starting this week as all stores of the department chain operator stay closed to curb the spread of the coronavirus......»»

Category: topSource: reutersMar 30th, 2020

Macy"s to furlough most of 130,000 employees as stores stay shut

Macy's Inc said on Monday it would furlough most of its 130,000-strong workforce starting this week as all stores of the department chain operator have been temporarily shut due to the coronavirus pandemic......»»

Category: topSource: reutersMar 30th, 2020

Colorado college grads with these undergrad degrees have the highest salary potential

It pays to get a bachelor's degree in a health-care field, literally, according to a Denver Business Journal analysis of 2019 U.S. Department of Education data. The raw data, released in December, show median earnings, in-state tuition rates and p.....»»

Category: topSource: bizjournalsMar 18th, 2020

Macy"s, Bloomingdale"s, Nordstrom, Saks Fifth Avenue closing all stores because of coronavirus

Department stores Macy's, Nordstrom, Bloomingdale's and Saks Fifth Avenu.....»»

Category: topSource: usatodayMar 18th, 2020

Macy"s temporarily closing all 680 stores amid COVID-19 outbreak

Retail giant Macy's Inc. announced Tuesday that it is closing all 680 of its department stores in response to the widespread outbreak of the novel coronavirus. Macy's (NYSE: M) said it is closing all of its stores by the end of business March 17 throug.....»»

Category: topSource: bizjournalsMar 17th, 2020

Macy"s, Hudson"s Bay to temporarily close U.S. stores due to virus outbreak

Department store operators Macy's Inc and Hudson's Bay decided on Tuesday to temporarily close all its stores in the United States due to the coronavirus pandemic, but said their e-commerce sites would continue to operate......»»

Category: topSource: reutersMar 17th, 2020

Macy"s, Bloomingdale"s, Nordstrom to close all stores because of coronavirus

Department stores, Macy's, Nordstrom and Bloomingdale's, are closing all stores because of coronavirus.....»»

Category: topSource: usatodayMar 17th, 2020

Here"s what Macy"s CEO had to say about coronavirus

Retail giant Macy's Inc. CEO Jeff Gennette told investors that his company is closely monitoring the spreading coronavirus epidemic and is prepared for its impact on stores. Macy's (NYSE: M) CEO told investors during its fourth-quarter 2019 earnings .....»»

Category: topSource: bizjournalsMar 4th, 2020

Macy"s cut to junk as turnaround plan sparks concerns

S&P said the department-store chain has too many stores amid a shift in consumer preferences away from mall-based locations......»»

Category: topSource: foxnewsFeb 18th, 2020