Despite better-than-expected earnings, retail executives predict that any sales growth will be much smaller than in years past.
Category: Macy’s Inc
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Retailers Lay Out a Downbeat Outlook as Inflation Squeezes Low-Income Shoppers
The New York Times – Business: -
The Retail C.E.O. Pipeline Is Running Dry
The New York Times – Business:The battered industry’s next generation of leaders needs a complex set of skills, yet scaled-down store training programs aren’t meeting demand.
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With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again)
The New York Times – Business:Companies that ramped up hiring in areas like technology over the past few years are cutting back as customers slow their spending.
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Retail Sales Fell in December as Holiday Shoppers Held Back
The New York Times – Business:Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.
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See the Holiday Windows in New York City
The New York Times – Fashion & Style:Only a handful of department stores in New York City still create them — but the ones that do go all out.
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Black Friday Shoppers Worry About Economy as Retailers Push Sales
The New York Times – Business:Black Friday deals returned, drawing shoppers back into stores, but inflation worries left many companies unsure what the holiday shopping season would look like.
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The Stores That Will Be Open on Thanksgiving and Black Friday 2022
The New York Times – Business:Many large retailers said they planned to close their doors on Thursday.
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Macy’s Plans to Invest Millions to Fund Minority-Owned Businesses
The New York Times – Business:The department store chain is investing $30 million over five years to support entrepreneurs from underrepresented groups in the retail industry.