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Department store chain in the United States

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Macy's: Department store chain in the United States
Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007. As of 2015, Macy's was the largest U.S. department store company by retail sales. As of February 1, 2020, there were 551 stores, including 11 flagships and 385 magnets, for a total of 396 core stores, and 96 neighborhood stores, 49 furniture galleries, 4 furniture clearance centers and 6 freestanding Backstage stores with the Macy's nameplate in operation throughout the United States, Puerto Rico, and Guam. Its flagship store is located at Herald Square in the Manhattan borough of New York City. The company had 130,000 employees and earned annual revenue of $24.8 billion as of 2017.

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Stocks soar on growing economic optimism [Video]

Stocks soar on growing economic optimism

Wall Street rose sharply on Wednesday, powered by bank and retail shares, as the further easing of lockdowns boosted hopes for an economic recovery. Conway G. Gittens has the market action.

Credit: Reuters Studio     Duration: 02:00Published
"I'm just trying to survive this": Laid-off employees struggle without benefits [Video]

"I'm just trying to survive this": Laid-off employees struggle without benefits

While U.S. government guidelines say jobless workers who qualify for assistance should get payments within three weeks of applying, many - like Florida resident Claudia Alejandra - have been waiting..

Credit: Reuters Studio     Duration: 03:05Published
Macy's To Reopen Stores In Six Weeks [Video]

Macy's To Reopen Stores In Six Weeks

Macy's To Reopen Stores In Six Weeks

Credit: Wochit News     Duration: 00:27Published
Exclusive: Neiman Marcus could file for bankruptcy this week [Video]

Exclusive: Neiman Marcus could file for bankruptcy this week

Neiman Marcus Group is preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus..

Credit: Reuters - Politics     Duration: 01:09Published

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Macy’s Plans to Reopen All of Its 775 Stores in 6 to 8 Weeks

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Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosen

Macy's Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going..
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Macy's to open 68 of its stores on Monday, says CEO in interview

Macy's is planning to reopen some stores in states where coronavirus restrictions have been lifted, said the company's CEO during an interview.
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Exclusive: Macy's taps Lazard to bolster finances as coronavirus saps sales - sources

Macy's Inc has hired investment bank Lazard Ltd to explore options for bolstering its finances after the department store operator lost most of its revenue as it shut down all its stores as a result of..
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Coronavirus live updates: US death toll tops 4,000; Navy seeks to isolate sick sailors in Guam; Macy's, Kohl's announce sweeping furloughs

U.S. deaths surpass 4,000 as public health officials warn of up to 240,000 fatalities amid growing coronavirus pandemic.
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Macy's to be replaced on S&P 500 by Carrier Global

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Macy's is being removed from the S&P 500 Index and replaced by air conditioning company Carrier Global, according to S&P Dow Jones Indices, which oversees the index. ......
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U.S. Retail Crisis Deepens as Hundreds of Thousands Lose Work

Furloughs by Macy’s and Gap will affect the majority of their work forces, and show how the pandemic will devastate many retailers.
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Macy's, Kohl's, Gap turn to mass furloughs as virus crisis deepens

Major U.S. retailers Macy's Inc , Kohl's Corp and Gap Inc said on Monday they would furlough tens of thousands of employees, as they prepare to keep stores shut for longer to curb the spread of the..
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A 1,000-bed Navy hospital ship docked in Manhattan, while new questions were raised about China’s case tally. Oil prices plummeted and Macy’s said it would furlough the majority of its workers.
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Macy's to furlough nearly 130,000 employees as virus keeps stores shut

Macy's Inc said on Monday it would furlough most of its employees starting this week as all stores of the department chain operator stay closed to curb the spread of the coronavirus.
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Macy's, Bloomingdale's, Nordstrom to close all stores because of coronavirus

Department stores Macy's, Nordstrom and Bloomingdale's are closing all stores because of coronavirus. Online stores will remain open.
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Macy's is closing 125 stores with the first locations closing soon: Is your location on the map?

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Macy's store closings just one part of plan: New shops are opening and online gets upgrade

Macy's is shutting stores and giving its fashions and online experience an upgrade. Company is taking steps to boost profits as retail struggles
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Macy's is closing nearly 30 stores in 19 states. Is your location on the list?

Macy's is closing 28 Macy's stores and one Bloomingdale's location in the next couple months. Is your store on the list?
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Macy’s to close 125 stores, shed 2,000 corporate jobs

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Macy’s announced Tuesday it would be shuttering 125 of its least productive stores within three years, cutting 2,000 corporate jobs and closing its offices in Cincinnati and San Francisco, leaving..
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Macy's to close 125 stores and slash 2,000 jobs over next three years

Macy's will close 125 stores and slash about 2,000 positions over the next three years.
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Last-minute holiday shopping? Here's when Best Buy, Walmart, Costco are open Christmas Eve

When are stores open Christmas Eve? What grocery stores are open late? Find out Christmas Eve store hours for Kohl's, Lowe's, Macy's, Apple and more.
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Macy's giving away free $10 rewards card for early Super Saturday shoppers

Macy's has a Super Saturday freebie. The first 250 shoppers get a free $10 Macy's reward card Dec. 21. Stores open early and have extended hours.
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'Super Saturday' brings extended store hours at Apple, Best Buy, Macy's, Target and more

Last-minute holiday shopping? Super Saturday is expected to be year's biggest shopping day with JCPenney, Bed Bath & Beyond and more extending hours.
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ShowBiz Minute: Gao, Macy's, Trump

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Macy's cuts profit outlook as tourist numbers drop

macy's cuts profit outlook as tourist numbers drop
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Macy's cut profit outlook after weak quarter; confident for holiday

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Macy's cuts forecast ahead of holiday season after gloomy quarter

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Macy's posts bigger same-store sales drop, cuts 2019 profit outlook

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Retailer says "highly sophisticated" data breach potentially exposed some online shoppers' credit card information
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Early Black Friday madness: Will your favorite stores be open on Thanksgiving?

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What are the best deals during Macy's upcoming Black Friday sales?

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Macy's to end end fur sales by 2021

Less than two weeks after California became the first state to ban the the sale of new fur products, retail giant Macy's, Inc. announced it will stop selling fur by the end of the 2020 fiscal year. The..
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Macy's plans to stop selling fur by end of 2020 fiscal year

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Bill Macy, who played Bea Arthur's husband in 'Maude,' dead at 97

Bill Macy, who acted alongside Bea Arthur in the sitcom "Maude," has died. He was 97. Macy's friend Matt Beckoff confirmed the news to USA TODAY.
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Macy's plummets to its lowest level in 9 years after slashing its profit forecast (M)

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After shootings at Walmart, Kroger, Waffle House, Macy's and others, are you comfortable visiting a business where patrons can bring their weapons?
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Macy's pulls plates with "mom jeans" and "skinny jeans" portions

Retailer's novelty plates sparked outrage, with some consumers complaining the design fostered body-shaming
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Macy's pulls plates that promote eating disorders

Macy’s has pledged to remove dinner plates from its stores after receiving backlash that messaging on them “fuels eating disorders.”
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Macy's removes 'mom jeans' plates following complaints they promote eating disorders

Macy's agreed to pull plates they said "missed the mark" after people on social media complained they promoted body image issues.
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Should Macy’s Build a Giant Tower in One of N.Y.’s Most Congested Neighborhoods?

A development plan would add thousands of workers to Herald Square, where 92 million people a year pass through the three subway stations in the area.
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