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 Sales Jump 4.1 Percent In December Buoyed By eCommerce, Auto-Related Sales
Retail Sales Jump 4.1 Percent In December Buoyed By eCommerce, Auto-Related Sales
January 16, 2017  |  Retail

Retail sales increased 4.1 percent in December, compared to a year ago, buoyed by eCommerce and auto sales. According to a report, retail sales during the...

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Scargo Hill Capital Launches To Lend Money To Struggling Retailers
Scargo Hill Capital Launches To Lend Money To Struggling Retailers
January 11, 2017  |  Retail

Andy Moser, a former lender to RadioShack, and Thomas J. Lynch, the onetime chief executive of Frederick’s of Hollywood, have joined forces to provide a...

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Macy’s, Sears Closings Hit Mall Stocks
Macy’s, Sears Closings Hit Mall Stocks
January 06, 2017  |  Retail

Shares of mall companies fell this week in sympathy with the announcement by Sears Holding Corp. that it would close as many as 150 stores...

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PYMNTS Daily Data Dive: Macy’s Cuts
PYMNTS Daily Data Dive: Macy’s Cuts
January 06, 2017  |  Daily Data Dive

Macy’s announced that it will close down another 68 stores and cut an additional 6,200 jobs following disappointing holiday sales. Some of those closings —...

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Big Cuts Coming To Macy’s
Big Cuts Coming To Macy’s
January 05, 2017  |  Retail

Over 10K will be on the chopping block as recently embattled retailer Macy’s gears up for its next round of layoffs and store closures. The...

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Macy’s And Kohl’s Slash Outlooks
Macy’s And Kohl’s Slash Outlooks
January 05, 2017  |  Retail

Macy’s shares tanked in late trading, taking other retailers down with it, after slashing its earnings outlook and announcing it will reduce its workforce by...

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Traditional Retailers Going Exclusive, Giving Cash To Lure Holiday Shoppers
Traditional Retailers Going Exclusive, Giving Cash To Lure Holiday Shoppers
November 25, 2016  |  Retail

Aiming to get a leg-up on internet merchants, traditional retailers are embracing new ways to bring people into the stores this holiday season. According to...

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