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Macy's offers a mixed outlook
Macy's Financial Woes Continue as Shares, Profit and Sales Slump
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over discretionary spending.
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
NEW YORK (AP) — Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain continuing to divert spending to basics like groceries amid elevated prices.
Macy’s cuts profit outlook as sales fall in run-up to holidays
Macy’s has slashed its annual profit outlook as the US department store chain said its sales fell in the lead-up to the key holiday shopping season. The group also confirmed on Wednesday that a lone employee “falsified underlying documentation” to hide more than $150mn in delivery expenses as it concluded an investigation into an accounting lapse revealed last month.
5h
Macy’s tightens financial controls after employee covered up what became a $151 million mistake
Macy’s reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
2d
Activist investor group pushes Macy's to consider options for Bloomingdale's
Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and ...
2d
Activist investor pushes Macy’s to expand Bloomingdale’s business, create real estate unit
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s ...
2d
Macy’s Pushed to Find Options for Bloomingdale’s and Bluemercury by Activist Investor
Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.
D Magazine
3h
Bloomingdale’s to Debut Mini Store Concept Bloomie’s at Fields West, More Tenants Announced
Other signed leases include the first DFW location of Mastro’s Steakhouse as well as Kendra Scott, and Mexican Sugar.
Star Local Media
5h
Frisco's Fields West development to get 'Bloomie's" concept from Bloomingdales
The Karahan Companies, developer of Fields West, announced that they have completed a deal with Bloomingdale’s for the ...
Dallas Morning News on MSN
6d
Frisco’s Fields West getting area’s first Bloomingdale’s ‘Bloomie’s’ store
Rendering of new Bloomie's store(Courtesy of The Karahan Cos.) A Frisco development is set to be home to the first ...
8h
Macy’s third-quarter profit and sales slide and so does its shares
Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert ...
7h
On the naughty list: Bloomingdale’s Santa faces backlash from parents — because he’s wearing green
According to one of the workers at Santland who’s dressed as an elf, one baby started crying when they saw Santa in ...
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Macy's
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