Macy's opening up to 30-small format stores

11:30am, Tuesday, 03'rd Oct 2023
Macy's is building upon its small-store expansion plans. The company, which has been repositioning its portfolio, will triple the number of small-format locations through 2025.
Macy's Inc. said Tuesday it's planning to open up to 30 small-format stores through fall of 2025, that will add to the nearly 15 small-format Macy's and Bloomingdale's locations it currently operates.
The department store operator's off-mall expansion is one of its key growth strategies.

Macy's: A Deep Value Trap?

12:22am, Monday, 02'nd Oct 2023
Macy's stock is down over 40% year-to-date due to reduced guidance and increased capex spending, which has caused lower free cash flow. The Company holds valuable real estate assets, but there are no
They hope that every gift giver would be a star by offering top toys to their favorite child.

3 Retail Stocks to Sell Before the Damage Is Done

01:35pm, Thursday, 28'th Sep 2023
With recession fears on the rise, now might be a good time to consider the top retail stocks to sell in 2023. Indeed, with retail buyer's consumption patterns shifting, many investors are beginning t

Here's why Gordon Haskett downgraded Macy's

12:13pm, Wednesday, 27'th Sep 2023
Chuck Grom, Gordon Haskett analyst, joins 'Squawk on the Street' to discuss why he downgraded Macy's stock, the sensitivity to retail with higher oil prices, and more.
Investors might be surprised to hear how cheap some common retail names have gotten.

Macy's Dividend Yield Pushes Above 6%

04:35pm, Monday, 18'th Sep 2023
In trading on Monday, shares of Macy's were yielding above the 6% mark based on its quarterly dividend
Macy's plans to hire more than 38,000 seasonal full- and part-time positions for the upcoming holiday season. The positions will be available at Macy's, Bloomingdale's and Bluemercury stores, as well
Macy's Inc.'s holiday shopping season efforts will involve bringing on 38,000 people in seasonal roles this year, according to a press release.
Olivier Bron has been announced as upscale department store Bloomingdale's new CEO, replacing veteran Tony Spring

Oliver Bron Will Be The New Bloomingdale's CEO

10:50am, Tuesday, 12'th Sep 2023
After a prolonged search for a new CEO, Bloomingdale's has chosen Oliver Bron to succeed Tony Spring who is now Presiden
Macy's is tapping international retail executive Olivier Bron to head up its upscale department store.
Macy's Inc. M, -2.88% said Tuesday it has named Olivier Bron as chief executive of its Bloomingdale's department store chain, with an anticipated start date of early November. Bron was most recent CEO
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE