Macy's Inc

Spectators once again lined the streets of Manhattan on Thursday for the 95th annual Macy's Thanksgiving Day Parade after last year's spectacle was scaled down and closed to the public because of the coronavirus pandemic.

Macy's Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.

Macy's Inc raised its full-year sales and profit outlook on Thursday, signaling the department store chain had sidestepped supply chain snarls and was well stocked for the all-important holiday season.

Macy's Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.

The Nasdaq was set for a strong open on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while the S&P and the Dow were on track for gains following a fresh batch of positive retail earnings.

Macy's Inc raised its full-year sales forecast on Thursday, easing fears that the department store chain would struggle with product shortages during the crucial holiday season.

Macy's Inc will raise the minimum wage of its more than 100,000 U.S. employees to $15 an hour by May, the department store chain said on Monday, as retailers fight to hire and retain workers in an increasingly competitive labor market.

Activist investment firm Jana Partners said on Wednesday that the share price of retailer Macy's could double if the company separated its e-commerce business as customers buy more online.

Macy's Inc said on Tuesday it plans to hire about 76,000 full- and part-time workers at its stores, call centers and warehouses ahead of this year's holiday season, indicating a return to pre-pandemic levels of hiring.

Macy's Inc said on Tuesday it plans to hire about 76,000 full- and part-time workers at its stores, call centers and warehouses ahead of this year's holiday season.

U.S. department store chains Macy's Inc and Kohl's Corp are leaning on a strong back-to-school season to sustain a sales recovery fueled by shoppers splurging on perfumes, shoes and dresses.

Kohl's Corp beat quarterly sales estimates on Thursday as the department store chain, like rival Macy's Inc, benefited from Americans returning to brick-and-mortar stores, following the roll out of COVID-19 vaccines.

Macy's Inc raised its full-year revenue forecast on Thursday, as vaccinations encourage more U.S. shoppers to return to its department stores to buy apparel and footwear.

U.S. department chain Macy's Inc on Tuesday raised its annual sales and profit forecasts, as speedy vaccinations encourage Americans to return to its stores to upgrade their wardrobes after being stuck at home for more than a year.

U.S. department store chain Macy's Inc on Tuesday reported better-than-expected quarterly comparable sales growth, as consumers vaccinated for the coronavirus and flush with stimulus money returned to its stores.

Employees at General Motors, Toyota Motor, Target Corp, and Macy's Inc in Texas will keep face masks on at work, the companies said on Tuesday, even as the U.S. state lifted most of its coronavirus curbs allowing businesses to reopen at full capacity as of next week.

Macy's Inc forecast 2021 sales largely above Wall Street estimates on Tuesday with major gains expected in the back half of the year as the retailer bets on its growing online business and the return of customers to its department stores when COVID-19 vaccinations curb the...

Macy's Inc holiday quarter same-store sales fell 17%, the department store chain reported on Tuesday, as a surge in online sales failed to offset the blow from fewer customers visiting stores due to the pandemic.

Department store operator Macy's Inc said on Tuesday it would close about 45 stores this year as part of its three-year plan to lower store count in order to focus on its more productive outlets.