Macy's Inc.

The CEO of Macy’s Inc. (NYSE: M) Jeff Gennette, has highlighted the importance of diversity, inclusion, and the need to support the retailer’s minority staff. What Happened Appearing on CNBC’s “Closing Bell” on Tuesday, Gennette talked about the expectations...

Macy’s Inc. (NYSE: M) is raising up to $5 billion in debt as it tries to avoid bankruptcy while strengthening its capital structure. What Happened Macy’s will use its inventory as collateral to raise $3 billion and its real estate to raise another $1-2 billion. There are no plans to...

Retailer Macy's Inc. (NYSE: M) will be removed from the S&P 500 Index later this week, S&P Dow Jones Indices announced late Tuesday. What Happened The Cincinnati-based company will instead become a part of the S&P SmallCap 600 Index on Friday. "Macy's has a market...

The travel plans of millions of Americans for Thanksgiving might be affected as three strong storm systems bring heavy snow, rain, and wind across the U.S. The western region will have more significant consequences around Thanksgiving, the National Weather Service warned on Wednesday. The...

The question of the day is, can the win streak reach five? That might be a struggle, judging from how things look early on. All of that optimism about the China talks seems to be ebbing a little, and there’s no timetable for a next round. Meanwhile, In corporate news, shares of Macy’s...

Well located Class-A malls with strong demographics are winning. One mall landlord hitting a 52-week high could mean it has a unique or "magic formula" for success; perhaps the sheer scale of $64 billion cap Simon Property Group Inc (NYSE: SPG). Two more Class-A mall REITs hitting 52-...

If, as is often said, catalogs were the precursor to online selling, Sears Holdings (NASDAQ: SHLD), in the form of Sears, Roebuck and Co. set the standard in 1894 with the introduction of its “Book of Bargains.” So why, with all this history behind it, is the company struggling to connect with...

Cool temperatures and consumer economic concerns did not dampen enthusiasm of shoppers at Macy’s Inc. (NYSE: M) during Q1. At least, not too much. The company reported a 20 percent bump in profit and is increasing its dividend to 25 cents from the current 20 cents, according to The Associated...

It’s a tale of two types of malls. One, a neighborhood strip mall, typically anchored by a grocery or drugstore. The other, a large regional shopping center, anchored by several large retailers like Sears (NASDAQ: SHLD), J.C. Penney (NYSE: JCP), and Macy’s (NYSE: M) with smaller specialty...