Sales rise at the 125 stores in Macy's 'Reimagine' network, as well as Bluemercury and Bloomingdale's locations. Macy's turned in its first positive quarter of same-store sales in about three years.
Macy's shares jumped over 20% Wednesday after the biggest U.S. department store chain posted better-than-expected results and boosted its guidance on solid demand at its "Reimagine" namesake locations ...
Bold New Chapter Overview: Announced in February 2024, Macy’s strategy targets closing around 150 underproductive stores by ...
NEW YORK – With comp gains at each of Macy’s Inc.’s retail divisions, the company delivered a second quarter of better-than-expected results. Total company sales – which include the impact of previous ...
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 improving ...
Macy’s profits and sales declined in the first quarter of the year. The retailer is seeking ways to remain competitive amid tariffs and Americans limiting their spending. Macy’s experienced a decline ...
Macy's Inc reported a more than 20% drop in quarterly comparable sales on Thursday and said it expects declines of that magnitude to continue in the fall, signaling a tough holiday season for the ...
NEW YORK (AP) — Macy’s profit and sales slipped in the second quarter with the department store grappling with customers that have grown cautions about spending, as well as higher costs from President ...
Macy's said shoppers with household incomes over $100,000 account for over 50% of customers and are helping it revive sales and navigate tariffs.
Macy’s Inc.’s stock soared in early trading Wednesday after the retailer boosted its profit outlook and reported the first growth in comparable sales in about three years, signaling that efforts to ...