News: Macy's Inc (M)

M on New York Consolidated

65.83USD
23 Jan 2015
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Thu, Jan 8 2015

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Macy's to cut jobs, close 14 stores

- Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store".

UPDATE 1-Macy's to cut jobs, close 14 stores

Jan 8 - Department store operator Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to focus on its popular services such as in-store pickups for online orders and "ship-from-store".

Macy's to cut jobs, close 14 stores

Jan 8 - Macy's Inc said it would close 14 stores in early spring 2015 and cut some jobs to boost its investment in technology and offset higher expense expected in healthcare and retirement plans.

UPDATE 2-J.C. Penney holiday season sales rise 3.7 pct, stock jumps 20 pct

(Adds analyst comment, background starting in third paragraph.)

In-store pickup does not save U.S. shoppers much time: study

SAN FRANCISCO - Major U.S. retailers including Target Corp and Toys 'R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping.

In-store pickup does not save U.S. shoppers much time -study

SAN FRANCISCO, Dec 29 - Major U.S. retailers including Target Corp and Toys 'R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if any, time over in-store shopping.

Women's apparel, dining drive U.S. holiday sales: MasterCard

- U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report.

U.S. third-quarter growth likely to be revised higher on services data

WASHINGTON - U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.

Ferguson protesters surprise Macy's Black Friday shoppers in NYC

NEW YORK - More than 200 people angered by a grand jury's decision not to indict a white police officer for killing an unarmed black teenager in Ferguson, Missouri, sought to disrupt Black Friday shopping in New York with a protest in front of Macy's flagship store. | Video

Ferguson protesters surprise Macy's Black Friday shoppers in NYC

NEW YORK - More than 200 people angered by a grand jury's decision not to indict a white police officer for killing an unarmed black teenager in Ferguson, Missouri, sought to disrupt Black Friday shopping in New York with a protest in front of Macy's flagship store.

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