Macy’s

Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007

Source: macys.com

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Macy’s, Other Retailers Forced To Furlough Employees
Macy’s, Other Retailers Forced To Furlough Employees
March 30, 2020  |  Retail

Department store Macy’s will be forced to furlough most of its employees this week as the coronavirus pandemic continues to close hundreds of stores across...

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COVID-19, Data Security, Shelved Madewell IPO Top This Week’s News
COVID-19, Data Security, Shelved Madewell IPO Top This Week’s News
March 27, 2020  |  News

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and...

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Analysts: US Department Stores Can Ride Out COVID-19 Crisis For Several Months
Analysts: US Department Stores Can Ride Out COVID-19 Crisis For Several Months
March 27, 2020  |  Coronavirus

America’s department stores are struggling, but some have the ability to ride out the coronavirus crisis for about eight months before liquidity becomes an issue,...

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Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
Retailers Shutter Brick-And-Mortar Stores As Foot Traffic Sinks
March 18, 2020  |  Coronavirus

Large department stores such as Macy’s and Bloomingdale’s have shut down their New York City locations to avoid the large congregations of people usually inside...

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As Gap Joins thredUP, Resale Continues Its Momentum
As Gap Joins thredUP, Resale Continues Its Momentum
February 26, 2020  |  Retail

The resale market is turning out to be one of the hottest trends of the young new year. After Nordstrom and Macy’s recently launched high-end...

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Today In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
Today In Payments: Amazon Widens Presence With Cashierless Grocery Stores; Revolut Raises $500M
February 25, 2020  |  News

In today’s top payments news, Amazon opened its first cashierless grocery store, Revolut raised $500 million and aims to reach profitability by the end of...

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Macy’s Touts A Turnaround After Q4 Earnings Beat
Macy’s Touts A Turnaround After Q4 Earnings Beat
February 25, 2020  |  Earnings

After four consecutive quarters of progressively declining results, Macy’s managed to surprise the markets on Tuesday (Feb. 25) with an unexpected beat on earnings, gaining...

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Upswing In Sales Propels Target Into Top 10 eCommerce Sites
Upswing In Sales Propels Target Into Top 10 eCommerce Sites
February 24, 2020  |  eCommerce

Target’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. 8 position in eMarketer’s latest ranking of the nation’s...

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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