New York--With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers … [Read more...]
Macy's Inc.
Holiday Hires on the Increase at Macy’s Inc.Too
New York—The nation’s stubbornly high unemployment rate may see some easing the next couple of months thanks to an increase in … [Read more...]
August Comp Sales Better than Expected
New York--Nearly all U.S. retailers posted better-than-expected sales gains in August at comparable store sales as parents and … [Read more...]
Macy’s Inc. Q2 Beats Expectations
Cincinnati,OH—Macy’s Inc. reported today that its second quarter profit was up 16% as sales increases beat analysts’ … [Read more...]
July Retail Comp Sales Give Surprising Results
New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]
JCPenney’s Johnson: “We’re Sticking to Our Plan”
Aspen, CO—Despite layoffs, controversy over eliminating coupons in favor of a everyday low price strategy, a marketing misfire, … [Read more...]
A “Volatile” June Makes for Disappointing Sales Comps
New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing … [Read more...]
May Retail Comp Sales Mostly Rise on Mother’s Day Sales
New York—Helped by a later Mother’s Day, the second biggest gift holiday after Christmas, and continued consumer spending on … [Read more...]
Macy’s Inc. to Sell Its Private Brands in China
New York—While there’s yet to be a Herald Square-sized flagship department store built in China, Macy’s Inc. is “testing … [Read more...]
Macy’s Inc. Q1 Profit Jumps, but Outlook Disappoints
New York—Macy’s Inc. reported today that its first quarter profits jumped 38% thanks to sales increases and flat overhead … [Read more...]
April Retail Comp Sales: Worst in 2 Years
New York—After better-than-expected comparable store sales results in February and March, April disappointed. In fact, … [Read more...]
March Retail Gets Boost from Easter Sales
New York—While last month may have been the warmest March in more than 50 years, what really helped lift March retail sales were … [Read more...]
