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| March 21, 2019

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Macy’s flop reinforces investors’ worst fears about retail

January 10, 2019 |

Macy’s Inc. didn’t have as merry a Christmas as it expected, and now all of retail is under the microscope.

The department store giant released disappointing holiday sales results Thursday, with comparable sales rising 0.7% — or 1.1% including licensed departments — from the year-earlier quarter….


L.A. Times – Business

Cold, Wind Didn’t Stop Macy’s Thanksgiving Parade

November 23, 2018 |

Frigid temperatures and blustery winds were no match for holiday cheer as giant character balloons took to the skies, and performers on floats and marching bands made their way through New York City’s streets on Thursday for Macy’s Thanksgiving Day Parade. SpongeBob, Charlie Brown, the Grinch and other big balloons…
Newser

TMZ

Rita Ora Lip-Syncing During Thanksgiving Day Parade, Macy’s & John Legend Defend Her

November 22, 2018 |

Rita Ora is taking tons of heat for lip-syncing her performance at the Macy’s Thanksgiving Day Parade … but with freezing temps and technical issues, the deck appeared to be stacked against her. Check out the clip … Rita is standing on a float,…

TMZ.com

Macy’s posts strong sales growth, showing it can adapt to new era of online shopping

November 15, 2018 |

Macy’s Inc. on Wednesday posted third-quarter same-store sales that beat Wall Street’s expectations, but it apparently has yet to prove to all investors that its rebound isn’t just a fleeting moment.

Same-store sales, a closely watched measure, rose 3.3% for owned and licensed stores, topping analyst…


L.A. Times – Business

Macy’s Reports Strong Sales Growth, Raises Guidance

November 15, 2018 |

Macy’s delivered healthy sales growth in its latest quarter and raised its guidance for the year, positioning the retailer for a strong holiday shopping season.
WSJ.com: US Business

Red suitcase stops NYC traffic near Macy’s, proves harmless

November 4, 2018 |

A suspicious red suitcase abandoned in the middle of a bustling Manhattan square near Macy’s forced police to stop traffic and pedestrians while a bomb squad investigated.
FOX News

Stocks edge up, lifted by retailers; Macy’s leaps

May 16, 2018 |

U.S. stock indexes edged up in early trading Wednesday, with Macy’s leading a retail-sector rally. Food and beverage stocks and other consumer goods companies also posted gains. Energy stocks lagged as crude oil prices declined. Bond prices were little changed.

KEEPING SCORE: The Standard & Poor’s…


L.A. Times – Business

Macy’s attacked online after announcing Muslim-friendly clothing line

February 9, 2018 |

Macy’s has announced an upcoming fashion collection catered to Muslim shoppers, featuring hijabs and more modest clothing options.
FOX News

Macy’s customers report delays with credit card transactions

November 25, 2017 |

Macy’s had hoped for a rush of shoppers on Black Friday. But it appears the crowds were too much of a good thing.

Macy’s credit card payment system buckled due to a higher than anticipated volume of transactions, the retailer said, leading to delays that slowed the checkout process at department…


L.A. Times – Business

Macy’s is shutting its Westside Pavilion store and others in California

November 9, 2017 |

Macy’s Inc. plans to close its store at Los Angeles’ Westside Pavilion mall, as well as two others in California, the retail giant said Thursday as it grapples with consumers’ increasing shift to online shopping.

The closures, which include the shutting of Macy’s stores at the Laguna Hills Mall…


L.A. Times – Business