Macy's

The Livingston Mall in New Jersey, once a bustling retail hub, has declined into a 'zombie' mall with closed anchor stores like Macy's, Sears, and Lord & Taylor. In contrast, The Mall at Short Hills, featuring high-end brands such as Nordstrom and Gucci, remains vibrant, highlighting a K-shaped split in mall success based on socioeconomic factors.

Retailers like Macy's and Dollar General are accused of inflating original prices to create misleading discounts, with a former Dollar General employee alleging routine price manipulation. A study by Consumers’ Checkbook found 25 retailers frequently use continuous 'fake sales,' including Gap, JCPenney, and Dick’s Sporting Goods, where items rarely sell at listed 'regular' prices.

A mid-management employee at a high-end country club nearly fell for a scam where a texter posed as the General Manager (GM), directing them to purchase $400 in Macy's gift cards. The scammer used a local phone number and correctly identified the club's founding year, but the employee verified the number was fake with a colleague, preventing further loss.

Stitch Fix's CEO Matt Baer, with a background in big-box retail, is restructuring the company to focus on traditional retail fundamentals after its decline post-pandemic. The tech-driven personal shopping service, which once saw rapid growth, now faces challenges like customer attrition and competition, prompting a shift from a tech-first to an apparel-first strategy.

The historic Macy's location at 422 Fulton St. in Downtown Brooklyn is being transformed into New York City's newest entertainment hub. The site, previously a shopping hub, will become a massive entertainment complex.

Ron Jacobs criticizes Donald Sinex's proposal to build an Amazon warehouse in Burlington's former Macy's building, citing his role in the failed CityPlace mall project and concerns about traffic, taxpayer burden, and Amazon's corporate practices.

The demolition of Macy’s 60-year-old 'shopping bag' billboard in NYC’s Herald Square has been delayed. Kaufman Organization, the building’s owner, is in discussions with Macy’s about the billboard’s future.

The Chicago Bears are considering moving to Hammond, Indiana, a decision driven by cost-saving motives similar to Macy's rebranding from Marshall Field's. The author reflects on a brief visit to Hammond and critiques the trend of prioritizing financial efficiency over local identity.

Macy's CEO discusses earnings, brand strategy, and the company's outlook.

Macy’s reported its fourth consecutive quarter of comparable sales gains, attributing the increase to an overhaul of its merchandise and improved customer service. The company raised its annual outlook following the sustained sales growth.

Early Wall Street trading was mixed as U.S.-Iran tensions pushed oil prices higher, while Japan's Nikkei 225 index reached a record 68,402.13. Macy's and GameStop saw significant stock gains due to strong earnings and buyback announcements. Oil prices rose 10% this week amid strained ceasefire efforts, with U.S. and Brent crude hitting $95.22 and $98.22 per barrel, respectively.

Macy's reported its fourth consecutive quarter of comparable sales gains, leading to an updated annual outlook. The company attributed the growth to merchandise overhauls and improved customer service, with Bloomingdale's and Bluemercury showing significant sales increases. Challenges persist due to economic factors like tariffs and rising gas prices.

Macy's reported its strongest Q1 growth in four years and raised guidance despite ongoing consumer concerns. The company is undergoing a turnaround led by CEO Tony Spring, focusing on closing underperforming stores and reinvesting in viable locations.

Berkshire Hathaway added Delta Air Lines and Macy's to its investment portfolio, a move that remains difficult to explain. The article highlights the mystery surrounding these new holdings in the company's latest portfolio update.