From Patagonia to The North Face, REI is knocking up to 50% off major brands during its latest clearance sale. After discount, prices start as low as $7. It's one of the biggest clearance sales I ...
“This initiative gets us even closer to becoming a more profitable Macy’s, Inc.,” he said. Meanwhile, Macy’s also reported a 2.4% decline in total net sales for the quarter, amounting to $4.7 billion, ...
Macy's said it will close 65 stores this year, an increase from the 50 locations it previously announced it would shutter by the end of the fiscal year. The closures are part of its plan to ...
Macy’s reported falling profit and sales with the department store chain wrestling with cautious spending by customers, rising competition and sluggish demand for cold-weather goods. The New ...
THE WHAT? Macy’s Inc has reported its results for the third quarter of fiscal 2024. The department store group disclosed adjusted diluted earnings per share of US$0.04, exceeding prior guidance and, ...
Like many department stores, Macy's has been suffering from dwindling sales amid the stratospheric rise of online rivals and the demise of America's suburban malls. The company appointed a new ...
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 ...
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 ...
The Sugar Regulatory Administration (SRA) has vowed to address concerns raised by industry stakeholders about the proposed imposition of import clearance fees on “other” types of sugar.
Macy’s said Wednesday that it has tightened ... and higher commission rates — a percentage return on sales for employees, which have not been raised in roughly a decade. Workers’ last ...