A Macy's chain was torn down in a sad moment emblematic of the current retail apocalypse, which has seen a whole host of stores closing. JCPenney has announced store closures across eight states.
Macy's cut its full-year profit guidance on Wednesday even as it beat Wall Street's quarterly earnings expectations, as the retailer's CEO said it will hike prices of certain items to offset tariffs.
NEW YORK -- Shares of Macy's soared more than 17% early Monday on a Wall Street Journal report that the iconic 165-year-old retailer closely associated with the holiday season might itself be bought.
Macy’s M0.39%increase; green up pointing triangle said it expects sales to decline again this year as even affluent customers of the department store chain wait to see how swirling tariffs and ...
Macy's cut its profit outlook for 2025, as President Donald Trump's tariff hikes and higher promotions hit its bottom line. The department store operator beat Wall Street's earnings and sales ...