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Retail

‘Consumer Boom’ Proves Real as Holiday Retail Tops Estimates

While sales rose 5.5 percent to $691.9 billion during the holiday months, department stores like Macy's and J.C. Penney saw their shares decline.

Retail

‘Consumer Boom’ Proves Real as Holiday Retail Tops Estimates

While sales rose 5.5 percent to $691.9 billion during the holiday months, department stores like Macy's and J.C. Penney saw their shares decline.


Retail

Another Retail Bankruptcy Wave Is on the Way, Credit Suisse Says

The retail business’s “large and undeniable transformation” will crimp rents and vacancy rates this year.

Retail

Another Retail Bankruptcy Wave Is on the Way, Credit Suisse Says

The retail business’s “large and undeniable transformation” will crimp rents and vacancy rates this year.


Retail

Op-Ed | Even Macy's and JC Penney Enjoy a Rising Retail Tide

NEW YORK, United States — Call it a Christmas miracle. Macy's Inc. and J.C. Penney Co. Inc. — two troubled department-store chains that have been

Retail

Op-Ed | Even Macy's and JC Penney Enjoy a Rising Retail Tide

NEW YORK, United States — Call it a Christmas miracle. Macy's Inc. and J.C. Penney Co. Inc. — two troubled department-store chains that have been


Retail

Macy's to Close Stores and Cut Jobs

Despite a rise in Holiday same-store sales, the company said it would close 11 stores, cut jobs and further streamline non-store functions to save about $300 million in costs in 2018.

Retail

Macy's to Close Stores and Cut Jobs

Despite a rise in Holiday same-store sales, the company said it would close 11 stores, cut jobs and further streamline non-store functions to save about $300 million in costs in 2018.


Beauty

How Ryan Seacrest Went From American Idol to Selling $50 Million Worth of Menswear a Year

The mega entertainer is parlaying his on-camera success into a lifestyle empire that already includes a popular fashion brand. His next challenge? Getting ‘regular’ guys to buy into beauty.

Beauty

How Ryan Seacrest Went From American Idol to Selling $50 Million Worth of Menswear a Year

The mega entertainer is parlaying his on-camera success into a lifestyle empire that already includes a popular fashion brand. His next challenge? Getting ‘regular’ guys to buy into beauty.


Workplace & Talent

Power Moves | GQ Names Fashion Director, Macy’s Executive Chairman to Retire

This week, British GQ has named Luke Day its new fashion director, while Macy's Inc executive chairman Terry Lundgren will retire at the end of January 2018.

Workplace & Talent

Power Moves | GQ Names Fashion Director, Macy’s Executive Chairman to Retire

This week, British GQ has named Luke Day its new fashion director, while Macy's Inc executive chairman Terry Lundgren will retire at the end of January 2018.


Retail

Macy's Executive Chairman Lundgren to Retire in January

Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.

Retail

Macy's Executive Chairman Lundgren to Retire in January

Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.


Retail

Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

Retail

Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.


News & Analysis

With Expectations Low, Retailers Declare Victory on Black Friday

There’s less urgency among shoppers now, but retailers have many advantages this year, including strong consumer confidence and low unemployment.

News & Analysis

With Expectations Low, Retailers Declare Victory on Black Friday

There’s less urgency among shoppers now, but retailers have many advantages this year, including strong consumer confidence and low unemployment.


News & Analysis

Macy's Suffers Credit-Card Processing Glitch, Irking Shoppers

The glitch marks the latest headache for a retailer that’s trying to get back on its feet.

News & Analysis

Macy's Suffers Credit-Card Processing Glitch, Irking Shoppers

The glitch marks the latest headache for a retailer that’s trying to get back on its feet.