Macy’s


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)

Retail’s Walking Dead
Retail’s Walking Dead
March 20, 2017  |  Retail

The TV series The Walking Dead is a huge hit with television viewing audiences. Now in its seventh season, it’s the story of life after...

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Anchor Store Closings Will Hurt Mall CMBS
Anchor Store Closings Will Hurt Mall CMBS
March 09, 2017  |  Retail

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...

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J.C. Penney Succumbs, Closing Up To 140 Stores
J.C. Penney Succumbs, Closing Up To 140 Stores
February 27, 2017  |  Retail

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...

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Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
February 24, 2017  |  Sizzle/Fizzle

Baby, you can drive my car … loan book off a cliff. Warning signs in subprime are heating up like an engine light on the...

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Macy’s Manages An Earnings Beat — But Performance Is Still Lackluster
Macy’s Manages An Earnings Beat — But Performance Is Still Lackluster
February 22, 2017  |  Earnings

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...

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Department Store Outlook Grim For 2017
Department Store Outlook Grim For 2017
February 10, 2017  |  Retail

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...

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Macy’s In Early Sale Talks With Hudson Bay As CEO Steps Down
Macy’s In Early Sale Talks With Hudson Bay As CEO Steps Down
February 03, 2017  |  Retail

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...

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PYMNTS Daily Data Dive: Closing Malls
PYMNTS Daily Data Dive: Closing Malls
January 23, 2017  |  Daily Data Dive

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...

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