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The Latest Breaking News from Macy

Wall Street Prepares For Labor Market Data And Powell's Testimony

Wall Street dips as investors await labor market data and Powell's testimony. Fed may consider interest rate cuts. Macy's shares surge, Bitcoin rises. Glob...

Top News

This Retail Giant Surged 13% On Nearly $7 Billion Takeover Bid

The investor group looking to buy the retail giant increased its offer by around $1 billion.

Investors Business Daily

Arkhouse And Brigade Capital Management Increase Offer To Acquire Macy's

Arkhouse and Brigade increase bid for Macy's to .6 billion, offering per share in all-cash proposal. Macy's plans store closures and restructuring ef...

Top News

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Investor Group Raises Bid For US Retailer Macy's To $6.6 Bn

An investor group that offered to buy the struggling US department store chain Macy's in December and was turned down said Sunday it has sweetened its bid.

International Business Times

Broadcom, Target, MongoDB And Jobs Data: Investing Action Plan

It will be a big stock market week for AI and retail with Broadcom, MongoDB, Target and Macy due to report. Jobs data could set the Fed's rate cut tone.

Investors Business Daily

Analysts revamp stock price targets after iconic retailer plans to close stores

A national department store unveils a strategic plan that includes closing 150 stores.

The Street

Stock Market Today: Stocks End Mixed After Disappointing Economic Data

The main indexes made muted moves Tuesday as investors took data that showed a big drop in durable goods and consumer confidence.

Kiplinger

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Why Macy's is closing 150 department stores

The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.

WEKU

Macy's stock shoots up despite announcement of mass store closures

The retailer is closing 150 stores, but Wall Street seems to see it as a positive.

The Street

Macy’s to shutter 150 stores amid focus on luxury

Department store will close dozens of outlets this year and the rest over a three-year period after issuing muted trading outlook

The Guardian - US

Struggling US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close almost a third of its eponymous locations by 2026 while building up its upscale Bloomingdale's and Bluemercury brands.

International Business Times

Wall Street Remains Cautious As Corporate Earnings And Inflation Data Loom

Stay updated on Wall Street's stability amid earnings reports and inflation data. Macy's and Lowe's performance highlights the market's cautious optimism.

Top News

US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale's and Bluemercury brands.

International Business Times

Stock Market Today: Stocks mixed; Macy's, Lowe's active; Bitcoin $57,000

Stocks are set for a cautious open, with key economic data later in the week.

The Street

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Homes & Gardens

Martha Stewart made timeless furniture accessible – these 6 pieces are discounted for Presidents' Day

From accent chairs to retro rattan tables, Martha designed these pieces to transcend trends – and our top picks are more obtainable than ever

Top News

Second illegal immigrant accused of attacking police arrested for robbery

In this informative article, we share details about the arrest of an illegal immigrant accused of attacking NYPD officers near Times Square, who has now be...

Bored Panda

“I Need Police Here”: Karen Throws A Fit Over Homeless Man Buying Food, Gets Taught A Lesson

A woman handed a homeless man $4 and was almost immediately berated by a “Karen” who insisted that this was “enabling” his lifestyle. The post “I Need Police Here”: Karen Throws A Fit Over Homeless Man Buying Food, Gets Taught A Lesson first appeared on Bored Panda.

USA Today Sports Media Group

Can you ski in Flagstaff then get back to the WM Phoenix Open all in one day? We tried (perhaps foolishly)

Many watch the WM Phoenix Open and think Arizona is wall-to-wall saguaros and oppressive heat. It's not.

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Reason

Man Sues Sunglass Hut After Faulty AI Facial Recognition Tech Led to Wrongful Arrest

Harvey Murphy was wrongfully arrested for robbing a Sunglasses Hut after facial recognition tech identified him as the robber. The 61-year-old says he was brutally sexually assaulted in jail.

The Guardian - US

Facial recognition used after Sunglass Hut robbery led to man’s wrongful jailing, says suit

Harvey Eugene Murphy Jr’s lawsuit claims he was misidentified as culprit of armed robbery and put in jail, where he says he was raped

The Independent UK

As legal challenges mount, some companies retool diversity and inclusion programs

Conservative advocates have filed a growing number of legal challenges, encouraged by the Supreme Court’s June ruling ending affirmative action in college admissions

Top News

Ring in 2024 with Open Stores and Closed Chains

Kick off the new year with some shopping! Check out our guide to which stores are open and closed on New Year's Day in the US. Happy shopping!

The Guardian - US

Landfills and liquidation sales: what happens to the purchases you return?

This year, US consumers returned 20% of the items they ordered online, and the waste and environmental cost is high

Top News

Return fees on the rise for retailers amid high returns

Say goodbye to free returns! As retailers start charging fees, navigating the world of returns becomes trickier. Find out why and explore new trends in thi...

The Guardian - UK

The big picture: Weegee captures lift off for Father Christmas

Photographer Arthur Fellig, AKA Weegee, witnesses one of the last outings for a 45ft inflatable Santa, the headline act in the 1940 Macy’s Thanksgiving parade

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