Tag: Macy’s
Macy’s to close 150 stores over 3 years as sales slip
NEW YORK (AP) – Macy's will close 150 stores over the next three years and 50 by the end of 2024, the department store...
Retail sales fall 0.8% in January from December
NEW YORK (AP) – Americans took a break from spending in January after the traditional holiday season splurge.
Retail sales fell 0.8% in January from...
Macy’s, Wayfair cutting thousands of jobs as retail layoffs deepen
PROVIDENCE – Two of the nation's strongest retailers announced layoffs this week.
Macy's is laying off about 3.5% of its total headcount, which amounts to...
Retail sales rise 0.6% in August largely due to a spike...
NEW YORK (AP) – Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as...
Retail sales rose 0.3% in May despite pressure from higher inflation...
NEW YORK (AP) – Americans increased their spending at retailers last month despite pressure from still-high inflation and rising borrowing costs.
Thursday's report from the...
Retail sales up 0.4% in April from March, buoyed by solid...
NEW YORK (AP) – Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures.
A...
Inflation hovers over holiday season shoppers
NEW YORK (AP) – Shoppers returned to familiar holiday shopping patterns but were weighed down by inflation this Black Friday after two seasons marked...
Toys R Us back in time for holidays
PROVIDENCE - Just in time for holiday shopping, in-store Toys R Us locations have opened in Macy’s department stores across the country, including in...
U.S. inflation hit a new 40-year high last month of 8.6%
WASHINGTON (AP) – The costs of gas, food and other necessities jumped in May, raising inflation to a new four-decade high and giving American...
Retailers start holiday season earlier than ever
NEW YORK – Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the...