All posts tagged "Macy’s"

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  As Online Shopping Intensifies, Outlook Dims for Mall Stores

  U.S. April sales increase 10.7% for non-store retailers

  • Posted May 14, 2016
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  US Stocks Slip After Unemployment Claims Rise; Tech Slumps

  Retailers got more bad news as department store Kohl's reported disappointing first-quarter results

  • Posted May 12, 2016
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  Macy’s Struggles Go On … Outlook Slashed

  First-quarter income tumbled 40% and revenue fell 7.4%, sending shares down 10% in early trading Wednesday.

  • Posted May 11, 2016
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  Nordstrom to Cut from 350 to 400 Jobs

  Says it's first looking at closing unfilled open positions

  • Posted April 18, 2016
• Companies Lose Billions Buying Back their Own Stock

  NEW YORK – If you think your stocks are doing poorly, check out the performance of some of the most sophisticated investors, the ones with more knowledge about what’s going on inside businesses than anyone else: Companies...

  • Posted February 9, 2016
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• Starboard Pushes Macy’s to Enter Real Estate Deals

  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...

  • Posted January 11, 2016
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• Job Cuts at Macy’s Signal Hard Times Ahead for Retailers

  NEW YORK – 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,...

  • Posted January 7, 2016
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• Macy’s to Cut up to 4,800 Jobs after Weak Holiday Sales

  NEW YORK – Macy’s is cutting up to 4,800 jobs and has slashed its profit outlook after a miserable holiday season. The nation’s largest department store chain, which also operates upscale Bloomingdale’s, said about 2,110 of the...

  • Posted January 6, 2016
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