Department Store’s Tough Times Continue: S&P 500 Index Drops Macy’s
Macy’s is one of many retailers reeling from the COVID-19 outbreak, furloughing most of its 130,000 employees after…
News April 1
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The Home Depot, TJX And Best Buy Shine Brightest In Q4 But It’s Dark Days For Department Stores
While Walmart and Target may have underwhelmed in November and December 2019, the full holiday season produced clear-cut…
News March 2Delivering Good Will Honor Terry Lundgren With Lifetime Achievement Award
At its annual gala on Nov. 4 in New York City, Delivering Good will present former Chairman and…
News February 27
Macy’s Earnings And Revenue Beat Estimates, But Sales Declines Weigh Heavily On 2020
Three weeks after revealing it would close 125 of its 680+ stores as part implementing its “Polaris” strategy,…
News February 25
Macy’s Launches Points Sweepstakes, Adds Percent-Back Rewards To Loyalty Program
Macy’s has rolled out the newest phase of its Star Rewards program with two major announcements: the introduction…
News February 12
Macy’s Will Close 125 Stores By 2023, Lay Off 2,000 Corporate Employees
Years of sales and traffic declines appear to have finally taken their toll on Macy’s, which revealed plans…
News February 4Macy’s To Close 29 Stores In Wake Of 0.6% Holiday Same-Store Sales Decline
Macy’s may have outperformed Wall Street expectations for the holiday season, but the department store will be closing…
News January 8Macy’s Spotlights Female Entrepreneurs With SoGifted Pop-Ups
Seven Macy’s stores around the country will host pop-up shops featuring gifts produced by a wide range of…
News December 6Macy’s President Departs To Become CEO Of Tractor Supply
Hal Lawton, President of Macy’s, will resign, effective Dec. 6, and become CEO of Tractor Supply on Jan.…
News December 5Top Stories
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