Department stores have been a frequent target of takeover attempts by investors looking to take advantage of prime real estate.
Category: Macy’s Inc
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The Holiday Boom in New York Is Back. Sort Of.
After three years of less foot traffic and less spending, things are looking up this year, even if it’s not 2019 again.
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The Holiday Boom in New York Is Back. Sort Of.
After three years of less foot traffic and less spending, things are looking up this year, even if it’s not 2019 again.
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There’s a Lot Riding on Black Friday and Cyber Monday
The White House and economists will be closely watching the annual shopping events for insight into what the data says about the state of the consumer.
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How Workers for Amazon, Target and More Make Your Shopping Possible
It’s the busiest time of year in the retail and logistics industries. Here’s how employees at four of the biggest retailers pull it off.
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Black Friday Isn’t What It Used to Be
Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though.
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Retailers Wary of Squeeze on Shoppers Ahead of Key Holiday Season
Consumers have bucked expectations despite high inflation and interest rates, but retailers worry whether they can keep it up through the end of the year.
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Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market
After scrambling to fill out work forces in recent years, many companies are reporting more modest goals for temporary employment.
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Macy’s Names Next Bloomingdale’s C.E.O.
Olivier Bron is arriving from a Thai department store chain as Macy’s continues its leadership shuffle.
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Powered by A.I., Company Aims to Make Selling Easier for Retailers
Lily AI matches online shoppers to the merchandise they’re looking for based on colloquial search terms, a welcome change for companies like Bloomingdale’s.
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U.S. Consumers Are Showing Signs of Stress, Retailers Say
Consumer spending remains resilient, but retailers’ latest earnings offered a glimpse into worrying shifts in shopping habits.
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Macy’s Says Tony Spring Will Succeed Jeff Gennette as C.E.O.
The New York Times – Business:Tony Spring, who runs Bloomingdale’s, will replace Jeff Gennette as C.E.O. in February. Mr. Gennette has led the chain since 2017.