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The Latest Breaking News from Macy

Americans splurge on beauty, despite pullbacks elsewhere

Americans are splurging on beauty as they tighten their budgets elsewhere

The Independent UK

Georgia police shoot mall robbery suspect accused of stabbing Macy’s employee

Suspect shot by officers as he tried to run from scene on foot

The Independent UK

Holiday shopping season starts early amid inflation

Walmart unwrapped its annual top toy list Tuesday, nearly a month earlier than last year.

Axios

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Macy's and Kohl's Have a Similar Problem Walmart and Target Face

After Walmart and Target address a business problem, Kohl’s and Macy’s follow suit.

The Street

Bloomingdale’s to close Old Orchard store

The company plans to open a smaller format, called Bloomie’s, in the upscale Skokie mall.

Chicago Sun-Times

Stock Market Rally Extends Pullback On Powell Speech; Nvidia, Salesforce In Focus: Weekly Review

The stock market rally tried to bounce Thursday but ultimately had another solid weekly loss, tumbling Friday on Fed chief Jerome Powell's speech.

Investors Business Daily

What our shopping choices say about the U.S. economy

Here's what we learned from a hectic spate of financial report cards shared by top U.S. retailers.

WEKU

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Dow Jones Falls, Nasdaq Pares Gains In Mixed Market; Zoom Video Drops While Macy's Pops On Earnings

The Dow Jones led the downside in Tuesday's mixed market while oil stocks and tech stocks outperformed. Zoom Video falls 16% on earnings.

Investors Business Daily

Macy's Chart Is Crystal Clear. Here's the Trade After the Report.

Here are the must-know levels for Macy's shares as they rally on the retail stalwart's earnings report.

The Street

Dow Jones Falls After Stock Market Plunge; Zoom Video Dives On Earnings

The Dow Jones Industrial Average fell Tuesday, adding to Monday's stock market plunge. Zoom Video stock dived on earnings.

Investors Business Daily

Macy's Stock Higher As Q2 Earnings Beat Offsets Muted Retail Outlook

"Despite inflationary pressures, consumers continued to shop Macy's as a style source and leading gifting destination," said CEO Jeff Gennette.

The Street

Nordstrom Stock Dives On Slashed Outlook Amid Inventory Glut

Nordstrom earnings beat Q2 views but JWN stock plunged overnight on inventory woes. Earlier, Macy's stock rose despite a beat-and-cut report.

Investors Business Daily

Inflation hits back-to-school shopping

It's not your imagination. School supplies cost more this year.

Axios

Amid inflation woes, off-price retailers like Dick's Going Going Gone fare well

At the Monroeville (Pa.) outpost of discount sporting goods store Going Going Gone, customers in search of sneakers are in luck. Footwear spans a long line of shelves — and then stretches along the warehouse's backside like a Great Wall of shoes.

Tribune News Service

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The Street

Macy's Has Big Plans for a Beloved Classic Brand

If you want to be, maybe you can again as Macy's helps an iconic name makes a big return.

Chicago Tribune

Macy’s will open Toys R Us shops inside all US stores

Macy’s announced it will launch in-store Toys R Us shops in all of its U.S. retail locations over the next several months.

Wales Online

Toys 'R' Us set for UK return after signing American deal with Macy's

Children's chain recruiting staff for new shops in 2023 after agreement to have presence in all Macy's stores in United States

Chicago Sun-Times

HUD accuses Chicago of environmental racism, Gov. Pritzker catches COVID and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

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Chicago Sun-Times

Toys R Us coming back in time for the holiday season

Macy’s will open Toys R Us shops inside all of its stores in time for the holiday shopping season.

WEKU

Toys R Us is making another comeback — this time in Macy's stores

Macy's is making room for Toys R Us shops within its own stores ahead of the holiday season. After struggling financially, the longtime toy chain shuttered its stores in 2018.

The Street

Which Stocks Gained Fair-Value Increases and Are Undervalued?

Morningstar took the stocks its analysts view as undervalued and screened for those with the largest fair-value increases.

Tribune News Service

Bob McKillop unplugged: Going 1-on-1 with the Davidson basketball coaching legend

DAVIDSON, N.C. — On Friday, Bob McKillop announced his immediate retirement from Davidson College. At age 71, McKillop left the job after 33 years as Davidson’s head basketball coach and will be replaced by Matt McKillop, his son and top assistant. It was the succession plan Bob McKillop had hoped…

The Independent UK

Soaring inflation divides spending for haves and have-nots

Americans at the low end of the income rung are once again struggling to make ends meet

AFP

Managing inventories a pandemic headache for US businesses

New York (AFP) - More than two years into the Covid-19 pandemic, American businesses are still struggling to manage their inventories in a feast-or-famine cycle caused by fickle consumer demand.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 27, 2022

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