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Financial Markets

Macy’s Boosts Earnings Forecast, Will Buy Spa Chain Bluemercury

Macy’s Inc. boosted its full-year earnings forecast, citing a “strengthening trend” starting in the fourth quarter, and announced a deal to purchase beauty and spa chain Bluemercury.

Financial Markets

Macy’s Boosts Earnings Forecast, Will Buy Spa Chain Bluemercury

Macy’s Inc. boosted its full-year earnings forecast, citing a “strengthening trend” starting in the fourth quarter, and announced a deal to purchase beauty and spa chain Bluemercury.


Global Markets

Luxury Brands Gear Up for Chinese New Year Spend Abroad

From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.

Global Markets

Luxury Brands Gear Up for Chinese New Year Spend Abroad

From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad.


Financial Markets

Macy's to Cut Jobs, Close 14 Stores

Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store."

Financial Markets

Macy's to Cut Jobs, Close 14 Stores

Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store."


Marketing

Beacons Pop Up in Stores Ahead of Holidays

From American Eagle to Apple Stores, beacons are popping up everywhere. Are they a shopper's best friend or another pesky Big Brother monitoring our every move?

Marketing

Beacons Pop Up in Stores Ahead of Holidays

From American Eagle to Apple Stores, beacons are popping up everywhere. Are they a shopper's best friend or another pesky Big Brother monitoring our every move?


Retail

US Weekend Sales Fall on Early Discounts, Online Growth

Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier.

Retail

US Weekend Sales Fall on Early Discounts, Online Growth

Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier.


Retail

Hot or Cold, Retailers Blame Weather for Sales Woes

After blaming the Polar Vortex’s chill for sluggish results last winter, U.S. retailers now say warm temperatures in October hurt sales of boots and sweaters. Some retail analysts aren’t buying it.

Retail

Hot or Cold, Retailers Blame Weather for Sales Woes

After blaming the Polar Vortex’s chill for sluggish results last winter, U.S. retailers now say warm temperatures in October hurt sales of boots and sweaters. Some retail analysts aren’t buying it.


Financial Markets

Macy’s Net Jumped 23% While Sales Slump Lingered

Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.

Financial Markets

Macy’s Net Jumped 23% While Sales Slump Lingered

Macy’s Inc., the largest U.S. department-store chain, posted a 23 percent gain in net income last quarter after the company cut expenses, helping it weather disappointing sales.


Global Markets

Nordstrom-Macy’s Pair Trade Rising as Contrarian Bet to Analysts

Nordstrom Inc.’s share price is outperforming Macy’s Inc. as investors bet its earnings will accelerate more than its rival’s in 2015.

Global Markets

Nordstrom-Macy’s Pair Trade Rising as Contrarian Bet to Analysts

Nordstrom Inc.’s share price is outperforming Macy’s Inc. as investors bet its earnings will accelerate more than its rival’s in 2015.


Retail

Port Squeeze Threatens US Retailers' Holiday Plans

LOS ANGELES, United States — A shortage of transportation equipment and possible labor disruptions at ​the Los Angeles/Long Beach port complex, ​the

Retail

Port Squeeze Threatens US Retailers' Holiday Plans

LOS ANGELES, United States — A shortage of transportation equipment and possible labor disruptions at ​the Los Angeles/Long Beach port complex, ​the


Technology

Bits & Bytes | Alibaba, Rocket Internet IPO, Macy's, New York's E-Commerce Companies

" Alibaba Raises $21.8 Billion in Initial Public Offering" (Dealbook) "The Alibaba Group, the Chinese Internet juggernaut, raised nearly $21.8

Technology

Bits & Bytes | Alibaba, Rocket Internet IPO, Macy's, New York's E-Commerce Companies

" Alibaba Raises $21.8 Billion in Initial Public Offering" (Dealbook) "The Alibaba Group, the Chinese Internet juggernaut, raised nearly $21.8