May 11, 2018
Morgan Stanley Downgrades Macy’s Stock
Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight” rating on the stock, CNN...
May 01, 2018
Macy’s To Open New Ohio Distribution Center
It looks like Macy’s will be doing some new building in in central Ohio, thanks to an awareness of some state tax incentives. According to reports, Macy’s will open a...
April 18, 2018
Amex Pulls The Plug On Plenti
The coalition rewards programs have had some success gaining traction in Europe, as American Express’ experiment with launching one stateside seems to have come to an end. Plenti, the Amex...
April 16, 2018
Supreme Court Might Reconsider Rule On Online Shopping Sales Tax
More than 40 states are asking the Supreme Court to reconsider a rule that allows a business to skip collecting a state’s sales tax if it is shipping to a...
March 30, 2018
Macy’s Continues Testing Of Lockers
While lockers are often associated with Amazon and Whole Foods, Macy’s has been using lockers for a buy-online-pickup-in-store program. The retailer is continuing to test the lockers through an installation...
March 05, 2018
Foot Locker Looking To Shutter 100 Stores
Foot Locker is the latest in a long line of retailers drastically reducing their store counts and slashing underperforming locations to cut costs, according to Business Insider reports. Those closures will...
February 28, 2018
Macy’s Posts Earnings Surprise On Strong Brick And Mortar, Digital
It was all about the comps Tuesday. And online sales. And even … brick and mortar sales. Shares of Macy’s ramped up 10 percent on the heels of earnings that...
November 27, 2017
Amazon, Kohl’s Stocks Surge After Strong Black Friday Sales
Retailers including Amazon, Macy’s and Kohl’s saw their stocks surge in trading Friday (Nov. 24) after retailers enjoyed strong sales during Black Friday, setting the stage for a robust holiday...
November 27, 2017
The Black Friday Recap Edition
The pre-Black Friday narrative was not entirely sunshiny, with an evolving consensus that the day – though perhaps symbolically important to consumers – is no longer quite the bellwether for...