Macy’s just made a major fashion move that has shoppers clutching their wallets — and economists raising an eyebrow. The ...
America's department stores are trying to stay relevant in a new era of consumer behavior. As consumer preferences have shifted to low-price convenience players like Amazon (AMZN), Walmart (WMT), TJX ...
The department store has been an American staple for over 150 years, since it was founded in 1858 by Rowland Hussey Macy. The ...
Macy’s announced in its fourth-quarter and fiscal-year 2024 earnings report on Thursday that it expects another year of declining sales as the department store chain continues reshaping its footprint ...
The company first announced the closures in January. Dozens of Macy's stores nationwide are shutting their doors months after the chain announced a slew of closings earlier this year. Over 60 Macy's ...
NEW YORK — Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and ...
In-person stores are quickly becoming a thing of the past as more and more shopping is done online. These are several department stores that could potentially go bankrupt in 2026.
Brick and mortar sales have taken an irrecoverable knock since the COVID-19 pandemic and its subsequent lockdown which then led to a seemingly permanent preference for online shopping. Macy’s, the ...
Department stores used to rule the retail world. Chains like Macy's, Filene's, and J.C. Penney anchored malls and drove ...
Watch for more Florida malls to lose their anchor stores this year. Retail chain Macy’s announced in January it would be losing 66 furniture and department store locations, including eight in Florida.
Macy’s has emerged as the winning bidder for the exclusive rights to develop Julie Satow’s best-selling book, When Women Ran Fifth Avenue: Glamour and Power at the Dawn of American Fashion. The ...