"Macy's retail operations are essentially worthless." The company's own shareholders wrote these harsh words. Macy's has been dealing with multiple blows to its business for years, reporting ongoing ...
A grim prognosis from the Macy’s CFO that suggests that things are not likely to get much better in the foreseeable future, ...
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...
Patterson Companies stock launched Wednesday after the dental outfit said it agreed to a $4.1 billion takeover deal from ...
Macy's plans to close 150 underperforming stores by 2026, with 50 closures slated for the current fiscal year.
Macy's on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores and heavy ...
Shares of Macy’s were trading sharply lower Wednesday after the department store cut its financial outlook in a delayed ...
As activist pressure builds, Macy's is looking to convince shareholders its Bold New Chapter strategy is strong enough to propel it into the future.
Macy’s has completed its investigation into accounting problems and found that a single employee’s mistake and coverup created $151 million in false bookkeeping entries.
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses, and it has tightened its controls to avoid a repeat of the ...
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