All posts tagged "Macy’s"
Puerto Rico retail sector optimistic about holiday season
Despite fewer stores, federal aid and insurance payments after Hurricane Maria may fuel shopping
- Posted November 26, 2018
Target rattles Wall Street with weak quarter, outlook
MINNEAPOLIS — Target, stung by the mass migration by its customers online and elsewhere, said its profit plummeted 43 percent during the most recent quarter as sales at its stores weakened. The coming year doesn’t look much...
- Posted February 28, 2017
Macy’s profit falls nearly 13 percent as sales drop as well
NEW YORK — Macy’s, the nation’s largest department store chain, says its earnings for the quarter that includes the holiday period dropped nearly 13 percent as results were dragged down by lower sales, store closures and other...
- Posted February 21, 2017
Macy’s to close stores, cut jobs amid weak sales
Macy's Inc. pointed to changing consumer behavior
- Posted January 4, 2017
Trump’s latest US corporate Twitter target: General Motors
DETROIT – In another tweet targeting a U.S. company, President-elect Donald Trump threatened Tuesday to slap a tax on General Motors for importing compact cars to the U.S. from Mexico. But GM imports only a small percentage...
- Posted January 3, 2017
Trump Twitter crosshairs: The companies singled out
Donald Trump has singled out a number of companies individually before and after winning the U.S. presidential election. Here’s a quick rundown of the businesses he’s targeted and what he has said. Amazon “If @amazon ever had...
- Posted January 3, 2017
With Deals Offered Early, Will Shoppers Buy on Cyber Monday?
NEW YORK — Cyber Monday may be in danger of losing its online sales title. The Monday after Thanksgiving is traditionally the busiest online shopping day of the year, but stores are releasing internet deals earlier, stretching...
- Posted November 28, 2016
Macy’s to Open an Hour Earlier on Thanksgiving Day
NEW YORK — Don’t count on Thanksgiving reverting to its traditional status of feasting on turkey and giving thanks. Macy’s announced Monday it was staying committed to Thanksgiving Day shopping, saying it’ll open an hour earlier this...
- Posted October 17, 2016
Department Stores Hope to Recapture Appeal, Be Destinations
NEW YORK – Department stores trying to recapture their appeal to consumers are making plans to provide more experiences like spas and restaurants, and offer exclusive selections to transforms the store into more of a destination. With...
- Posted August 12, 2016
Macy’s Plans to Close 100 Stores, Boost Online Investment
The closures represent close to 14 percent of its stores under the Macy's brand
- Posted August 11, 2016