Macy’s (M) practically owns the holiday season. The department store that is famous for its luxury goods is also the source ...

Net sales declined 2.4% from a year ago to $4.74 billion, slightly missing the $4.75 billion expected. Same-store sales ...

Like many department stores, Macy's has been suffering from dwindling sales amid the stratospheric rise of online rivals and the demise of America's suburban malls. The company appointed a new ...

Macy's is accelerating its plan to close underperforming stores by the end of the year. The company plans to shutter 65 ...

5: The customer base for Macy’s stores remains “choiceful” and value-oriented – as demonstrated by a higher penetration of sales in clearance, said Mitchell. The company is assuming those consumers ...

Macy's stocks fell 1.3% Thursday morning and were down about 0.3% during midday trading, Fast Company reports. Spring said net sales totaled $4.7 billion, a 2.4% drop from last year and consistent ...

NEW YORK — Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert spending to basics like groceries as they deal with ...

Macy’s (M) practically owns the holiday ... are becoming “very value-oriented” as it spotted higher sales of clearance items and positive responses to discounts. “In this holiday season ...

Same-store sales climbed 1.9% at the 50 locations that Macy's is prioritizing ... Customers are flocking to clearance and deals, while warmer weather caused a hit on high-margin categories ...

Macy's CEO Tony Spring, after taking over in February, announced a plan to close 150 stores, while upgrading another 350. At the first 50 stores that Macy’s has upgraded, same store sales rose 1 ...