The chain, which is 95 years old, is ramping up store closures this year as it struggles to revive its faltering business.

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

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 ...

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

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 ...

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 ...