Nordstrom family members and Mexican retailer El Puerto de Liverpool will acquire the Seattle-based company as part of a ...
In the days after Christmas when much of the celebrating has died down, the days are short and the nights are long and cold making it the ...
The chain filed for bankruptcy protection in September, saying inflation and high interest rates caused consumers to pull ...
Chicago, IL, June 10--Macy's online ... order value for the site is expected to be $125 this year, up from $119 last year, he said. Macys.com is the Internet Web site for Macy's department stores ...
Those are just two of several changes the activist investor says are necessary to turn around Macy’s, which once established itself as a premier department store but has struggled to keep up ...
CENTER CITY - Holiday music played on a loop as shoppers walked past store windows decorated for the season at Macy’s on Market Street in Center City. Not far away, in a legal conference room ...
Sales at the iconic department store chain fell by 2.4 percent in the quarter ending in November. Macy's also significantly lowered its expected earnings for 2024. Adding to the turmoil ...
Macy’s needs to reignite its creativity by featuring more exciting products in stores and hosting engaging events to attract younger generations back, according to activist investor Barington ...
Macy's plans to close more stores than announced earlier this year could affect Washington shoppers. According to the company's third-quarter earnings report, the department store chain plans to ...
The role of e-commerce surge and inflation A major factor contributing to the lack of oversight regarding hidden delivery expenses at Macy’s was the dramatic increase in e-commerce demand during the ...
However, Macy's sales across all locations were down 3.1% compared to this quarter last year. Meanwhile, sales were up at Bloomingdale's department stores and Bluemercury cosmetics stores ...