We believe VF is in decent financial shape despite a high amount of debt. At the end of fiscal 2024, the firm had about $6 billion in total debt and $675 million in cash; its net debt/adjusted EBITDA ...

Discretionary categories like luxury and big ticket home purchases performed disproportionately poorly as inflation remained ...

Discretionary categories like luxury and big ticket home purchases performed disproportionately poorly as inflation remained ...

Over 200 Macy's employees will lose jobs as a result of the upcoming Lakeside Mall and Oakland Mall store closings.

The layoffs come after Macy’s Inc. on Jan. 9 announced plans to close five department stores in Michigan as part of 66 stores ...

The move to shutter the California site furthers the company’s plan to streamline its supply chain, part of its Bold New ...

The closing of Macy's, the largest tenant at Sunrise Mall, is expected to create more opportunities for redevelopment.

Store closures in the U.S. spiked in 2024 and are expected to rise to about 15,000 this year, according to Coresight Research ...

Macy’s is planning on closing 150 stores across the country, including some locations in Ohio. The company announced the ...

Holiday sales increased 4% year over year to $994.1 billion for Nov ... such as drugstores Walgreens and CVS and legacy ...

The luxury department store, a unit of New York-based Macy’s, announced it would close its 339,000-square-foot flagship store at the half-empty San Francisco Centre at 865 Market Street, near Union ...

Bloomingdale's has announced that it will shut its flagship store in the struggling San Francisco Centre Mall. It marks the ...