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
One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be magnified because of...
Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. The department store retailer said it...
To help pay back borrowings under its existing $1.5 billion credit facility, Macy’s Inc. unveiled the offering of $1.1 billion in senior secured notes set...
Shortly after Macy’s warned investors Thursday (May 21) of a probable $1 billion first-quarter operating loss, Jeff Gennette, the iconic store’s chief executive officer, spoke...
Struggling retailer Macy’s warned on Thursday (May 21) that it expects as much as a $1.11 billion first-quarter operating loss, but said it was “on...
The great retail resettling is on. This past weekend and today (May 4) are the first tests of consumer behavior during the pandemic, as Simon...
As it joins the ranks of returning merchants following COVID-19 store closures, Macy’s intends to open 68 retail locations on Monday (May 4) in states...
As if closing stores, laying off workers and incurring mounting debt amid the coronavirus pandemic wasn’t bad enough, now retailers face another obstacle, Bloomberg News reported....
Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. TGI Fridays...