Macy's Inc

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20h
Market Watch
Sears warns on sales, to speed up store closuresSears Holdings Corp. warned Tuesday that its fourth-quarter revenue would fall
Sears warns on sales, to speed up store closures
Market Watch / Posted 20 hours ago
Sears Holdings Corp. warned Tuesday that its fourth-quarter revenue would fall short of expectations, prompting the retailer to accelerate store closures and make deeper cost cuts. Shares in the company, down 49% over the past 12 months, declined... Read more
30 related stories
1d
Business Wire
Macy’s Teams Up with AwesomenessTV to Launch Fresh, Fun Line: IN AWE OF YOUNEW YORK--(BUSINESS WIRE)--Macy’s has partnered with AwesomenessTV to debut IN
Macy’s Teams Up with AwesomenessTV to Launch Fresh, Fun Line: IN AWE OF YOU
Business Wire / Posted yesterday
NEW YORK--(BUSINESS WIRE)--Macy’s has partnered with AwesomenessTV to debut IN AWE OF YOU, a lifestyle brand aimed at the Gen Z ingénue. The line features coquettish dresses, trendy clutches and other whimsical accessories such as nail decals, mobile... Read more
4d
Investopedia
Market Outlook: No Bottom Until 2017?You're sure to find a plenty of bearish or bullish opinions right now given the
Market Outlook: No Bottom Until 2017?
Investopedia / Posted 4 days ago
You're sure to find a plenty of bearish or bullish opinions right now given the mishmash of positive and negative news from Wall Street, the economy, employment numbers, commodity prices and several other indicators. We've named some bullish... Read more
4d
Zero Hedge
February 5Overnight Media Digest - The Democratic presidential candidates clashed Thursd
February 5
Zero Hedge / Posted 4 days ago
Overnight Media Digest - The Democratic presidential candidates clashed Thursday night over who is the true progressive at their first one-on-one debate, with Hillary Clinton saying Senator Bernie Sanders has put forward an unrealistic agenda that... Read more
139 related stories
5d
Business Wire
Legendary Fashion Designer B Michael Partners with Macy’s to Present His Debut Runway Fashion Show at the 47th Annual NAACP Image Awards Luncheon on Feb. 4LOS ANGELES--(BUSINESS WIRE)--Macy’s has partnered with couture and ready-to-we
Legendary Fashion Designer B Michael Partners with Macy’s to Present His Debut Runway Fashion Show at the 47th Annual NAACP Image Awards Luncheon on Feb. 4
Business Wire / Posted 5 days ago
LOS ANGELES--(BUSINESS WIRE)--Macy’s has partnered with couture and ready-to-wear designer B Michael to produce the first b Michael America runway fashion show at this year’s NAACP Image Awards luncheon, which honors the nominees of the 47th annual... Read more
5d
Market Watch
Ralph Lauren to review ops after weak salesRalph Lauren Corp.'s new chief executive said he was conducting a review of the
Ralph Lauren to review ops after weak sales
Market Watch / Posted 5 days ago
Ralph Lauren Corp.'s new chief executive said he was conducting a review of the business after the apparel company reported a 39% drop in quarterly profit and cut its sales outlook for the current year. The results, the latest in a string of... Read more
6 related stories
5d
Channel NewsAsia
Kohl's cuts profit estimate as holiday quarter disappointsREUTERS: Department store chain Kohl's Corp cut its full-year earnings estimate
Kohl's cuts profit estimate as holiday quarter disappoints
Channel NewsAsia / Posted 5 days ago
REUTERS: Department store chain Kohl's Corp cut its full-year earnings estimate, citing weak sales during the holiday quarter and "significantly" lower gross margins. The company's stock fell as much as 15 percent to US$43.44 in early trading,... Read more
10 related stories
5d
BizReport
Thanksgiving Day outstrips Black Friday in retail websites visitsNew data released by Hitwise reveals that the 11.5billion visits to retail site
Thanksgiving Day outstrips Black Friday in retail websites visits
BizReport / Posted 5 days ago
New data released by Hitwise reveals that the 11.5billion visits to retail sites in November and December of 2015 was a 25% increase on the 2014 holiday season when 9.2billion visits were recorded. For the first time, Thanksgiving Day produced the... Read more
6d
Business Wire
Macy’s Celebrates Lunar New Year 2016NEW YORK--(BUSINESS WIRE)--This month, Macy’s will honor the “Year of the Monke
Macy’s Celebrates Lunar New Year 2016
Business Wire / Posted 6 days ago
NEW YORK--(BUSINESS WIRE)--This month, Macy’s will honor the “Year of the Monkey” with celebrations taking place across the country that will proclaim a fresh start for this Lunar New Year. Through a variety of channels including artistic... Read more
8d
FOX Business
Macy's Names New Merchandising HeadMacy's Inc. named Peter Sachse new chief growth officer, the company said Monda
Macy's Names New Merchandising Head
FOX Business / Posted 8 days ago
Macy's Inc. named Peter Sachse new chief growth officer, the company said Monday. Sachse, who was chief innovation and business development officer for the past year, will oversee merchandising for Macy's, off-price retailer Macy's Backstage, luxury... Read more
3 related stories
8d
FOX Business
Macy's Names New Merchandising HeadMacy's Inc. named Peter Sachse new chief growth officer, the company said Monda
Macy's Names New Merchandising Head
FOX Business / Posted 8 days ago
Macy's Inc. named Peter Sachse new chief growth officer, the company said Monday. Sachse, who was chief innovation and business development officer for the past year, will oversee merchandising for Macy's, off-price retailer Macy's Backstage, luxury... Read more
3 related stories
8d
Market Watch
Macy's names new merchandising headMacy's Inc. M, +1.21% named Peter Sachse new chief growth officer, the company
Macy's names new merchandising head
Market Watch / Posted 8 days ago
Macy's Inc. M, +1.21% named Peter Sachse new chief growth officer, the company said Monday. Sachse, who was chief innovation and business development officer for the past year, will oversee merchandising for Macy's, off-price retailer Macy's... Read more
3 related stories
8d
Business Wire
Macy’s Celebrates Rising Stars in Salute of Black History Month This FebruaryNEW YORK--(BUSINESS WIRE)--This February, Macy’s celebrates Black History Month
Macy’s Celebrates Rising Stars in Salute of Black History Month This February
Business Wire / Posted 8 days ago
NEW YORK--(BUSINESS WIRE)--This February, Macy’s celebrates Black History Month by hailing a host of rising stars from a variety of fields including art, music, film, television, literature, community empowerment, the culinary arts and journalism.... Read more
10d
Yahoo News
Interview Insider: How to Get a Job at Macy's, Inc. Macy's began in 1858 as a corner store about the size of a nail salon. The co
Interview Insider: How to Get a Job at Macy's, Inc.
Yahoo News / Posted 10 days ago
Macy's began in 1858 as a corner store about the size of a nail salon. The company, which now employs more than 150,000 people around the world, has become the iconic brand of red stars and... Read more
11d
Investopedia
U.S. GDP Growth Slows in Fourth QuarterA mix of unseasonal weather and low energy prices adversely affected US economi
U.S. GDP Growth Slows in Fourth Quarter
Investopedia / Posted 11 days ago
A mix of unseasonal weather and low energy prices adversely affected US economic growth during the fourth quarter. According to figures released by the U.S. Commerce Department this morning, GDP grew at a 0.7 percent annualized rate in the fourth... Read more
11d
FOX Business
Macy's Revises Earnings Guidance Down After Brooklyn Real Estate Transaction ClosesMacy's Inc. has made a downward revision to its fourth-quarter guidance after a
Macy's Revises Earnings Guidance Down After Brooklyn Real Estate Transaction Closes
FOX Business / Posted 11 days ago
Macy's Inc. has made a downward revision to its fourth-quarter guidance after a timing change on the completion of its Brooklyn real estate transaction with Tishman Speyer. Macy's will receive $270 million in cash and will use $100 million for... Read more
7 related stories
11d
FOX Business
Macy's Lowers 2016 GuidanceMacy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when t
Macy's Lowers 2016 Guidance
FOX Business / Posted 11 days ago
Macy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when the retailer will book a gain related to the redevelopment of a Brooklyn store. Macy's shares fell 1.3% to $39.07 a share in premarket trading. Macy's is redeveloping its... Read more
7 related stories
11d
FOX Business
Macy's Revises Earnings Guidance Down After Brooklyn Real Estate Transaction ClosesMacy's Inc. has made a downward revision to its fourth-quarter guidance after a
Macy's Revises Earnings Guidance Down After Brooklyn Real Estate Transaction Closes
FOX Business / Posted 11 days ago
Macy's Inc. has made a downward revision to its fourth-quarter guidance after a timing change on the completion of its Brooklyn real estate transaction with Tishman Speyer. Macy's will receive $270 million in cash and will use $100 million for... Read more
7 related stories
11d
FOX Business
Macy's Lowers 2016 GuidanceMacy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when t
Macy's Lowers 2016 Guidance
FOX Business / Posted 11 days ago
Macy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when the retailer will book a gain related to the redevelopment of a Brooklyn store. Macy's shares fell 1.3% to $39.07 a share in premarket trading. Macy's is redeveloping its... Read more
7 related stories
11d
Market Watch
Macy's revises earnings guidance down after Brooklyn real estate transaction closesMacy's Inc. M, +1.16% has made a downward revision to its fourth-quarter guidan
Macy's revises earnings guidance down after Brooklyn real estate transaction closes
Market Watch / Posted 11 days ago
Macy's Inc. M, +1.16% has made a downward revision to its fourth-quarter guidance after a timing change on the completion of its Brooklyn real estate transaction with Tishman Speyer. Macy's will receive $270 million in cash and will use $100 million... Read more
7 related stories
11d
Market Watch
Macy's cuts profit view, as timing of gain shiftsMacy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when t
Macy's cuts profit view, as timing of gain shifts
Market Watch / Posted 11 days ago
Macy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when the retailer will book a gain related to the redevelopment of a Brooklyn store. Macy's shares fell 1.3% to $39.07 a share in premarket trading. Macy's is redeveloping its... Read more
12d
Channel NewsAsia
Here comes the sun - and with it, US earnings excusesNEW YORK: U.S. companies are singing the warm weather blues this corporate earn
Here comes the sun - and with it, US earnings excuses
Channel NewsAsia / Posted 12 days ago
NEW YORK: U.S. companies are singing the warm weather blues this corporate earnings season. The long spate of warm temperatures this winter likely will have a slightly positive affect on the U.S. economy, as a whole as construction projects can... Read more
12d
Reuters
Here comes the sun - and with it, U.S. earnings excusesA crane flies an American flag over a construction site in downtown Los Angeles
Here comes the sun - and with it, U.S. earnings excuses
Reuters / Posted 12 days ago
A crane flies an American flag over a construction site in downtown Los Angeles, California October 29, 2014. NEW YORK U.S. companies are singing the warm weather blues this corporate earnings season. The long spate of warm temperatures this winter... Read more
12d
Channel NewsAsia
Under Armour demand continues to soar, stock leapsREUTERS: Under Armour Inc , the No. 2 U.S. sportswear maker, on Thursday report
Under Armour demand continues to soar, stock leaps
Channel NewsAsia / Posted 12 days ago
REUTERS: Under Armour Inc , the No. 2 U.S. sportswear maker, on Thursday reported a better-than-expected 31 percent jump in revenue, allaying concerns that apparel sales were slowing, sending its stock up as much as 21 percent. The company's shares... Read more
14 related stories
12d
Investopedia
4 Value Plays in the Retail Sector for H1 2016 (BBBY, WMT)U.S. consumer confidence has been choppy in 2015, and numerous economic trends
4 Value Plays in the Retail Sector for H1 2016 (BBBY, WMT)
Investopedia / Posted 12 days ago
U.S. consumer confidence has been choppy in 2015, and numerous economic trends point to challenging times for the retail sector going forward into 2016. Many traditional brick-and-mortar retailers are likely to continue facing headwinds from... Read more
13d
Business Wire
ADDING MULTIMEDIA Macy’s Inspires and Ignites Action This February in Support of Go Red For WomenNEW YORK--(BUSINESS WIRE)--Macy’s will inspire women and ignite action once aga
ADDING MULTIMEDIA Macy’s Inspires and Ignites Action This February in Support of Go Red For Women
Business Wire / Posted 13 days ago
NEW YORK--(BUSINESS WIRE)--Macy’s will inspire women and ignite action once again this February as the national founding sponsor of the American Heart Association’s Go Red For Women®. In honor of American Heart Month, Macy’s will offer... Read more
13d
Business Wire
Macy’s Inspires and Ignites Action This February in Support of Go Red For WomenNEW YORK--(BUSINESS WIRE)--Macy’s will inspire women and ignite action once aga
Macy’s Inspires and Ignites Action This February in Support of Go Red For Women
Business Wire / Posted 13 days ago
NEW YORK--(BUSINESS WIRE)--Macy’s will inspire women and ignite action once again this February as the national founding sponsor of the American Heart Association’s Go Red For Women®. In honor of American Heart Month, Macy’s will offer... Read more
17d
TribLIVE
AmEx division strugglesIn 34 years at American Express Co., Ken Chenault has helped reinvent the credi
AmEx division struggles
TribLIVE / Posted 17 days ago
In 34 years at American Express Co., Ken Chenault has helped reinvent the credit-card company more than once. But his latest push into new frontiers is faltering behind the scenes. The lender is dismantling its enterprise growth division, created to... Read more
20d
Market Watch
Bloomingdale's to open first store in Kuwait in 2017Bloomingdale's, which is owned by Macy's Inc. M, +2.32% will open the first sto
Bloomingdale's to open first store in Kuwait in 2017
Market Watch / Posted 20 days ago
Bloomingdale's, which is owned by Macy's Inc. M, +2.32% will open the first store in Kuwait in 2017, according to a release. This is the luxury retailer's second international location; a Dubai store opened in 2010. The new store is the result of a... Read more
21d
Market Watch
J.C. Penney plans jump back into appliance salesIn 1983, J.C. Penney Co. got out of the appliance business, so it could make mo
J.C. Penney plans jump back into appliance sales
Market Watch / Posted 21 days ago
In 1983, J.C. Penney Co. got out of the appliance business, so it could make more room for apparel in its department stores. Now, the company is bringing back washers, stoves and other large home appliances as Penney seeks to claw back some of the... Read more
5 related stories
21d
Chicago Tribune
Job cuts at Macy's signal hard times ahead for retailersMacy's is slashing jobs, a harbinger of hard times for retailers after a holida
Job cuts at Macy's signal hard times ahead for retailers
Chicago Tribune / Posted 21 days ago
Macy's is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. The nation's largest department store chain, which also operates Bloomingdale's,... Read more
21d
Crain's Chicago Business
Einhorn's Greenlight Buys Macy's as Possible Takeover Target(Bloomberg) — Greenlight Capital, the hedge fund firm led by David Einhorn, mad
Einhorn's Greenlight Buys Macy's as Possible Takeover Target
Crain's Chicago Business / Posted 21 days ago
(Bloomberg) — Greenlight Capital, the hedge fund firm led by David Einhorn, made a new investment in Macy's Inc. in the fourth quarter, arguing the retailer could become a takeover target, according to a letter to investors that was obtained by... Read more
21d
Market Watch
Tiffany cuts guidance and staff after weak holidayTiffany & Co. said Tuesday that sales during the holiday period softened, promp
Tiffany cuts guidance and staff after weak holiday
Market Watch / Posted 21 days ago
Tiffany & Co. said Tuesday that sales during the holiday period softened, prompting the luxury jeweler to reduce staff and cut its outlook for the year. The New York company said "challenging and uncertain global economic conditions" have resulted... Read more
23d
Morningstar
Wal-Mart Retreats As Retail's Woes DeepenEconomic data released on Friday showed the U.S. economy entered 2016 with litt
Wal-Mart Retreats As Retail's Woes Deepen
Morningstar / Posted 23 days ago
Economic data released on Friday showed the U.S. economy entered 2016 with little momentum from one of its key sectors. U.S. retail sales fell 0.1% in December, and were up just 2.1% for all of 2015, compared with a 3.9% annual gain the previous... Read more
304 related stories
25d
Market Watch
Mart closures a rare retreat for retailerWal-Mart is closing more than 150 stores in the U.S., a rare retreat for the be
Mart closures a rare retreat for retailer
Market Watch / Posted 25 days ago
Wal-Mart is closing more than 150 stores in the U.S., a rare retreat for the behemoth on its home turf, capping what has been a difficult year for retailers as shoppers slowed their spending pace and accelerated their shift to the Internet. Economic... Read more
304 related stories
25d
Morningstar
Wal-Mart to Close 269 Stores GloballyBy the end of January Wal-Mart said it would close 269 stores, including all 10
Wal-Mart to Close 269 Stores Globally
Morningstar / Posted 25 days ago
By the end of January Wal-Mart said it would close 269 stores, including all 102 Walmart Express stores, a smaller format created in recent years as the company searched for growth beyond its massive superstores. Wal-Mart said the closings would... Read more
304 related stories
25d
Stamford Advocate
Holiday sales report shows challenge for 2016The group blamed the shortfall on unusually warm weather that led to bigger-tha
Holiday sales report shows challenge for 2016
Stamford Advocate / Posted 25 days ago
The group blamed the shortfall on unusually warm weather that led to bigger-than-planned discounts on clothing and other cold-weather items. It also pointed out that stores don't have the ability to raise prices in a still tough spending environment,... Read more
14 related stories
25d
Your Hometown Lima Stations
Holiday sales report shows challenge for 2016NEW YORK (AP) - Holiday shoppers flocked online during the critical holiday sho
Holiday sales report shows challenge for 2016
Your Hometown Lima Stations / Posted 25 days ago
NEW YORK (AP) - Holiday shoppers flocked online during the critical holiday shopping season, but overall sales in November and December were disappointing. Sales rose 3 percent to about $626.14 billion, according to The National Retail Federation.... Read more
14 related stories
25d
Greenwich Time
Holiday sales rose 3 percent below 3.7 percent forecastThe group blamed the shortfall on unusually warm weather that led to bigger-tha
Holiday sales rose 3 percent below 3.7 percent forecast
Greenwich Time / Posted 25 days ago
The group blamed the shortfall on unusually warm weather that led to bigger-than-planned discounts on clothing and other cold-weather items. It also pointed out that stores don't have the ability to raise prices in a still tough spending environment,... Read more
14 related stories
25d
Arkansas Democrat-Gazette
U.S. jobless claims climb to 284,000The number of applications for unemployment benefits unexpectedly increased las
U.S. jobless claims climb to 284,000
Arkansas Democrat-Gazette / Posted 25 days ago
The number of applications for unemployment benefits unexpectedly increased last week, a sign that momentum in the labor market is starting to cool. Initial jobless claims rose by 7,000 to 284,000 in the week that ended Saturday, the second-highest... Read more
2 related stories
27d
Business Wire
Fitch Affirms Macy's, Inc.'s IDR at 'BBB+'; Outlook Revised to NegativeNEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Defa
Fitch Affirms Macy's, Inc.'s IDR at 'BBB+'; Outlook Revised to Negative
Business Wire / Posted 27 days ago
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) on Macy's, Inc. (Macy's) and Macy's Retail Holdings, Inc. (MRHI) at 'BBB+' and the short-term IDR at 'F2'. The Rating Outlook has been revised to Negative... Read more
8 related stories
28d
Yahoo News
Starboard urges Macy's to strike real-estate deals People pass by the Macy's flagship department store in midtown Manhattan in N
Starboard urges Macy's to strike real-estate deals
Yahoo News / Posted 28 days ago
People pass by the Macy's flagship department store in midtown Manhattan in New York City, November 11, 2015. REUTERS/Brendan McDermid By Sneha Teresa Johny and Sruthi Ramakrishnan (Reuters) -... Read more
8 related stories
28d
TheStreet.com
Macy's (M) Stock Gains on Starboard Value's Real Estate PlanThe Cincinnati-based retailer should pursue separate joint ventures for its mal
Macy's (M) Stock Gains on Starboard Value's Real Estate Plan
TheStreet.com / Posted 28 days ago
The Cincinnati-based retailer should pursue separate joint ventures for its mall locations and for iconic properties, the firm said in a letter on Monday. Starboard estimates that the retailer's real estate assets are worth $21 billion, which means... Read more
50 related stories
29d
Boston Herald
Starboard pushes Macy's to enter real estate dealsNEW YORK — Activist investor Starboard Value wants Macy's to tap the value of i
Starboard pushes Macy's to enter real estate deals
Boston Herald / Posted 29 days ago
NEW YORK — Activist investor Starboard Value wants Macy's to tap the value of its real estate assets by splitting them off into separate companies. Starboard's plan published Monday urges the department store operator to create two joint ventures.... Read more
8 related stories
29d
MyMotherLode.com
Starboard pushes Macy's to enter real estate deals AP News | 01/11/16 12:41 pm NEW YORK (AP) -- Activist investor Starboard Val
Starboard pushes Macy's to enter real estate deals
MyMotherLode.com / Posted 29 days ago
AP News | 01/11/16 12:41 pm NEW YORK (AP) -- Activist investor Starboard Value wants Macy's to tap the value of its real estate assets by splitting them off into separate companies. Starboard's... Read more
8 related stories
29d
KOB 4 Albuquerque
Starboard pushes Macy's to enter real estate dealsNEW YORK (AP) — Activist investor Starboard Value wants Macy's to tap the value
Starboard pushes Macy's to enter real estate deals
KOB 4 Albuquerque / Posted 29 days ago
NEW YORK (AP) — Activist investor Starboard Value wants Macy's to tap the value of its real estate assets by splitting them off into separate companies. Starboard's plan published Monday urges the department store operator to create two joint... Read more
8 related stories
29d
ABC News
Starboard Pushes Macy's to Enter Real Estate DealsActivist investor Starboard Value wants Macy's to tap the value of its real est
Starboard Pushes Macy's to Enter Real Estate Deals
ABC News / Posted 29 days ago
Activist investor Starboard Value wants Macy's to tap the value of its real estate assets by splitting them off into separate companies. Starboard's plan published Monday urges the department store operator to create two joint ventures. One would... Read more
8 related stories
29d
Crain's Chicago Business
Activist investor ups pressure on Macy's to deal real estate(Bloomberg) — Activist hedge fund Starboard Value stepped up pressure on Macy's
Activist investor ups pressure on Macy's to deal real estate
Crain's Chicago Business / Posted 29 days ago
(Bloomberg) — Activist hedge fund Starboard Value stepped up pressure on Macy's Inc. to squeeze money out of the department-store chain's real estate, which the firm values at $21 billion. Separating the properties into two or more entities would... Read more
5 related stories
29d
The Daily Voice - Scarsdale
Macy's Announces Five New York Store ClosuresPoor 2015 sales performances have driven retailer Macy's to announce it will be
Macy's Announces Five New York Store Closures
The Daily Voice - Scarsdale / Posted 29 days ago
Poor 2015 sales performances have driven retailer Macy's to announce it will be closing 40 of its 770 stores, including five in New York, and cutting staff. The company said it will consolidate existing Macy's stores into five regions and 47 local... Read more
83 related stories
29d
The Daily Voice - Greenburgh
Macy's Announces Five New York Store ClosuresPoor 2015 sales performances have driven retailer Macy's to announce it will be
Macy's Announces Five New York Store Closures
The Daily Voice - Greenburgh / Posted 29 days ago
Poor 2015 sales performances have driven retailer Macy's to announce it will be closing 40 of its 770 stores, including five in New York, and cutting staff. The company said it will consolidate existing Macy's stores into five regions and 47 local... Read more
83 related stories
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