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Terry Lundgren

Retail

China’s Unlikely Invaders

Far from offering retailers a promised land of milk and honey, China’s department store sector is clearly a troubled market. So why the surge in interest from foreign names?

Retail

China’s Unlikely Invaders

Far from offering retailers a promised land of milk and honey, China’s department store sector is clearly a troubled market. So why the surge in interest from foreign names?


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.


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."


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.


News & Analysis

Macy’s Sales Miss Estimates After Discounts Fail to Spur Growth

NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, reported fourth-quarter sales that missed analysts'

News & Analysis

Macy’s Sales Miss Estimates After Discounts Fail to Spur Growth

NEW YORK, United States — Macy's Inc., the second-largest U.S. department-store company, reported fourth-quarter sales that missed analysts'


News & Analysis

Macy’s Jumps After Annual Forecast Exceeds Analysts’ Estimates

NEW YORK, United States -- Macy's Inc., the second-largest U.S. department-store chain, rose in early trading after forecasting annual profit that

News & Analysis

Macy’s Jumps After Annual Forecast Exceeds Analysts’ Estimates

NEW YORK, United States -- Macy's Inc., the second-largest U.S. department-store chain, rose in early trading after forecasting annual profit that