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
To say it’s been a rough couple of months for retail main staple Macy’s would be an understatement at this point. Get the Full Story Complete...
Shopping malls are facing major problems, with one analyst predicting more than half of the shopping malls across the country will either shutter their doors or...
J.C. Penney Company announced Friday (Feb. 24) that it’s gearing up to close 130 to 140 of its 1,000 stores over the next few months...
Baby, you can drive my car … loan book off a cliff. Warning signs in subprime are heating up like an engine light on the...
Though there is plenty to be concerned about in Macy’s latest round of earnings, the report was not entirely absent good news. Earnings did manage...
It looks like more bad news for the U.S. department store sector. After a subpar holiday shopping season, research firm Moody’s announced that it had...
Macy’s long-term CEO Terry Lundgren will soon be stepping down from his position, as announced in the summer of last year. Lundgren has been in...
Shares of mall companies fell earlier this month after the announcement by Sears Holding Corp. that it will close as many as 150 stores over...