Macy's (M) stock jumped 5% on Wednesday after the department store chain reported better-than-expected fourth quarter earnings results as it heads into the third year of its turnaround strategy. CEO ...
Macy's has been in the midst of a turnaround under CEO Tony Spring, who has worked to close underperforming stores and reinvest in ones worth keeping open.
Respected retail analyst Neil Saunders had for years regularly posted pictures on social media showing extreme messiness at Macy’s stores—mounds of unfolded sweaters strewn on the floor or shelving ...
Macy's beat Wall Street's fiscal fourth-quarter expectations, but gave a cautious outlook for the year ahead. The company said its plan to refresh many of its namesake stores while closing others is ...
Department store chain Macy’s is closing 14 stores in early 2026, with many locations already shuttered. The closures were announced in January in a memo from CEO Tony Spring that was distributed to ...
NEW YORK(AP) — Macy's raises outlook after fourth consecutive quarter of sales gains in a reboot for the retailer under CEO Tony Spring.