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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...
’TIS THE SEASON: Holiday knick-knacks are displayed at a Macy’s department store on Oct. 1 in Denver. Stores are trying to attract earlier holiday shoppers as a way to reduce crowding during the COVID-19 ­pandemic.  / AP PHOTO/DAVID ZALUBOWSKI

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...
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