(source: macys.com)
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,...
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...
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...
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...
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...
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...
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...
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...
Here comes the connected bride. And this year’s model has a series of new platforms, partnerships and interactive tools to plan the wedding. For their...