Despite department store chain retailer Macy’s swinging to a loss in the last quarter, share prices still headed higher as the company reported stronger than expected online growth that boosted sales. The company revealed that its second-quarter digital sales were up 53% from a year ago while sales online and at Macy’s stores open for … Continue reading “Macy’s Shares Head Higher on Online Growth Boosting Sales”
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Hot Stocks
Macy’s CEO Jeff Gennette Says Company Will Become Smaller After Coronavirus Pandemic
Department store retailer Macy's is feeling the impact of the coronavirus and according to the…
May 1, 2020
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Nordstrom Has Suspended its Dividend and Halted Buybacks
As the coronavirus pandemic roars on, retailer Nordstrom has decided to suspend its dividend, halt…
March 23, 2020
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Macy’s is Closing 125 Stores and Cutting 2,000 Jobs
In an effort to climb out of its battered state, retailer Macy's has announced that…
February 5, 2020
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Jim Cramer Says It May Be Time to Buy Shares of This Department Store
According to CNBC's Jim Cramer, now maybe the time to pick up some shares of…
January 7, 2020
Macy’s Just Got an Upgrade from Goldman Sachs
Department store chain Macy's Inc. has received an upgrade from investment banking firm Goldman Sachs…
May 17, 2019
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Macy’s and Facebook Have Teamed Up to Do This
Macy's and Facebook are teaming up for something pretty exciting this holiday season. The social…
September 17, 2018
Company News
Online Shoppers Spent More on Black Friday Morning than Last Year
According to Adobe Analytics, online shoppers had already purchased $640 million worth of stuff by…
November 24, 2017
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Macy’s Beats Analysts Expectations Despite a Big Sales Decline
Shares of department store chain Macy's saw some gains on Thursday ater reporting its results…
November 9, 2017
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Macy’s Made a Big Move to Gain More Shoppers
Department store chain Macy's has reinvented its loyalty program in an effort to gain more…
September 27, 2017
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Former Macy’s Employees Sue The Company for Racial Profiling
Four former Macy's employees have alleged that the department store chain has racial profiled them.…
September 14, 2017
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Your Local Macy’s Store May Be Closing
Macy's announced this week that the department store chain would be shutting down 68 stores.…
January 4, 2017
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Amazon.com (AMZN) Is Hiring Over 100,000 Seasonal Workers
Amazon.com just announced that it will be hiring more than 120,000 seasonal workers this holiday…
October 17, 2016