Tag: Macy’s
Macy’s stores in Warwick, Providence, North Attleborough avoid closure list
PROVIDENCE – Macy’s Inc. has no plans to shutter its three stores in the region. At least for now.
The department store chain has left...
Providence Place Macy’s to stay open in ‘immediate future,’ improvements underway...
PROVIDENCE – The Macy’s in the Providence Place mall is not closing anytime soon, according to the mall’s temporary receivers.
Attorneys W. Mark Russo and...
Is Black Friday still a holiday shopping juggernaut in 2024?
NEW YORK (AP) – Retailers in the U.S. rewarded shoppers who ventured out for Black Friday with giveaways and bigger-than expected discounts on a day that...
Temporary receivers appointed for Providence Place mall
PROVIDENCE – Providence Place mall is now in the hands of two Warwick-based attorneys.
John Dorsey and Mark Russo were appointed as temporary receivers of...
Most-read stories on PBN.com, July 2024
1. PBN selects 2024 Leaders & Achievers honorees POSTED ONLINE: JULY 8. Providence Business News named 25 honorees for its 2024 Leaders & Achievers...
Providence Place financial picture gets darker with Macy’s spot uncertain
PROVIDENCE – Providence Place's financial challenges appear to be growing with the uncertainly of Macy's future at the mall.
In June, Kroll Bond Rating Agency...
Retail sales unchanged in June from May, underscoring shoppers’ resilience
NEW YORK (AP) – Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the...
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...
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