Like many department stores, Macy's has been suffering from dwindling sales amid the stratospheric rise of online rivals and the demise of America's suburban malls. The company appointed a new ...
At the first 50 stores that Macy's has overhauled, same store sales rose 1.9%. The company now expects earnings per share to be $2.25 per share to $2.50 per share for the year, down from its ...
After seeing a drop in in-store sales last quarter, Macy’s might make that up by selling off its real estate. The department store announced it expects to see $275 million in sales of its retail ...
Comparable sales (comps) fell on an owned-plus-licensed-plus-marketplace. Macy's strategic initiatives for fiscal 2024 focus on executing its "Bold New Chapter" strategy, which includes ...
Copyright 2024 The Associated Press. All Rights Reserved. People watch from inside as a Macy’s float passes during the Macy’s Thanksgiving Day parade, Nov. 28 ...
Macy’s is facing a rough holiday season after revealing disappointing sales figures and slashing its profit outlook. The grim outlook provided by bosses this morning has sparked fears for the ...