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Macy’s

Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.

Retail

How Online Shopping Is Cannibalising Mall Stores

Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall — from Macy's to The Gap and J.C. Penney — face an increasingly uncertain future.


Financial Markets

Retail Sales Rise Most in a Year, Marking US Consumer Comeback

Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the US economy recover from an early-year slowdown.

Financial Markets

Retail Sales Rise Most in a Year, Marking US Consumer Comeback

Sales at retailers jumped in April by the most in a year, indicating consumer spending will help the US economy recover from an early-year slowdown.


Financial Markets

Amazon Will Become America's Top Clothing Retailer in 2017, Says Cowen & Co.

It's been a tough few weeks for retailers, yet Amazon's shares are up over two percent.

Financial Markets

Amazon Will Become America's Top Clothing Retailer in 2017, Says Cowen & Co.

It's been a tough few weeks for retailers, yet Amazon's shares are up over two percent.


News & Analysis

Macy’s Cuts Profit Forecast as Sluggish Traffic Weighs on Sales

Macy’s Inc., the largest US department-store company, cut its profit forecast for this year and posted first-quarter revenue that missed analysts’ estimates as slow mall traffic hurt sales.

News & Analysis

Macy’s Cuts Profit Forecast as Sluggish Traffic Weighs on Sales

Macy’s Inc., the largest US department-store company, cut its profit forecast for this year and posted first-quarter revenue that missed analysts’ estimates as slow mall traffic hurt sales.


Retail

Can American Retailers Kick Their Discounts Addiction?

Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?

Retail

Can American Retailers Kick Their Discounts Addiction?

Rampant discounting at American retailers is creating a race to the bottom, shrinking profit margins and diminishing brand value. Where will it end?


Workplace & Talent

Power Moves | Sonia Syngal to Old Navy, Ivan Fernandez to Retire, Macy's CMO Exits

BoF compiles the most important professional moves of the week.


News & Analysis

Macy’s Adds Real Estate CEO to Board to Help With Property Plans

Macy’s Inc. named Four Corners Property Trust Inc. chief executive officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties.

News & Analysis

Macy’s Adds Real Estate CEO to Board to Help With Property Plans

Macy’s Inc. named Four Corners Property Trust Inc. chief executive officer Bill Lenehan to its board, enlisting a real estate expert to help the chain figure out what to do with its properties.


Financial Markets

Macy's in Talks for Real Estate Deals, Sales Fall Less than Feared

Macy's Inc said quarterly sales at stores open at least a year fell less than it had expected and that it has started contacting potentially interested parties for partnerships or joint ventures for its flagship and mall-based properties.

Financial Markets

Macy's in Talks for Real Estate Deals, Sales Fall Less than Feared

Macy's Inc said quarterly sales at stores open at least a year fell less than it had expected and that it has started contacting potentially interested parties for partnerships or joint ventures for its flagship and mall-based properties.


Financial Markets

Macy’s Tops Estimates as Holiday Sales Fall Less Than Predicted

Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.

Financial Markets

Macy’s Tops Estimates as Holiday Sales Fall Less Than Predicted

Macy’s Inc. posted fourth-quarter results that topped analysts’ estimates after sales declined less than projected.


Financial Markets

Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target

Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.

Financial Markets

Einhorn Buys Macy’s Stake Saying It Could Be a Takeover Target

Greenlight Capital, the hedge fund firm led by David Einhorn, said it made a new investment in retailer Macy’s Inc. in the fourth quarter, to "unlock the value" of its land and buildings.