AS retail giants like Macy's and Party City struggle to survive, other chains are thriving in a rapidly changing economy. While the so-called "retail apocalypse" sweeps the nation, a top expert revealed why thousands of store closures are not …

Source: TradingView.com Macy’s shares could remain in focus on Tuesday after the struggling department store said holiday quarter sales may be slightly below expectations due to underperforming stores. Selling in the stock has intensified after it ran into …

The company now expects fourth-quarter 2024 adjusted diluted earnings per share to be in-line with its previously issued range of $1.40 to $1.65 First Published Jan 14, 2025, 11:07 AM IST | Last Updated Jan 14, 2025, 11:07 AM IST Shares of department store …

The company now expects net sales at the lower end or just below its $7.8bn - $8bn range, slightly below previous expectations. Adjusted diluted EPS guidance of $1.40 - $1.65 was reaffirmed. Shares in the company dipped in pre-market trading. The move …

Key Takeaways Macy's said its fourth-quarter results would be pulled down by poor performance by some of its stores. The biggest U.S. department store operator warned that comparable store sales would be flat, and overall sales would be at or below its …

Key Takeaways U.S. equities were mixed at midday, with the Nasdaq losing more than 1% on worries about future Federal Reserve interest-rate cuts. Moderna cut its outlook on concerns about demand for its vaccines. Soaring oil prices sent shares of energy …

Macy’s, Inc. M shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth-quarter net sales to reach, or slightly fall below, the lower end of the …

Two retail giants and a department store chain have announced store closures. Macy's, Kohl's and Joann Fabrics are each closing several stores throughout the country in 2025. Why are these companies shuttering stores, and how will Texas locations …

Macy's has named the first 66 of the 150 stores it is shutting as it desperately tries to revive its faltering business. They will close over the next four to 12 months - but not before they have had clearance sales with up to 90 percent off. Discounts …

TROY, Mich. (WXYZ) — Mario Kiezi, owner of Oakland Mall, is looking to turn the anticipated closure of the Macy's store at his mall into an opportunity for smaller, more eccentric businesses to shine. "It gives me the opportunity to try it, not …