Macy's beats lowly Q1 estimates, as it weighs a future between a turnaround or a buyout

finance.yahoo.com Macy's (M) beat muted Q1 expectations, as a buyout bid lingers in the background. On Tuesday morning, the department store chain reported revenue of $4.85 billion, down 2.7%…

Macy's tops expectations for the first quarter as luxury and beauty sales shine

abcnews.go.com Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending Macy's tops expectations for the…

5 things to know before the stock market opens Tuesday

cnbc.com The Nasdaq Composite closed at a record high on Monday, led by Nvidia and other tech companies. The tech-heavy index added 0.65%, while the S&P 500 inched up 0.09%. The Dow…

Macy’s Reports Another Drop in Sales

nytimes.com The Numbers: Macy’s lags while Bloomingdale’s and Bluemercury grow. Macy’s said its comparable-store sales in the United States fell 1.2 percent from the same quarter a year…

Macy's tops expectations for the first quarter as luxury sales shine

apnews.com Macy's sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. The results, announced Tuesday,…

Macy’s tops expectations for the first quarter as luxury sales shine

seattletimes.com Macy’s sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending.

Macy’s posts bigger-than-expected quarterly sales drop on sluggish demand

theglobeandmail.com Macy’s M-N posted a bigger-than-expected drop in first-quarter sales on Tuesday, hobbled by stiff competition from off-price retailers for shoppers increasingly cautious…

US stock futures tread water; Lowe's impresses ahead of Nvidia's results

investing.com Investing.com-- U.S. stock index futures traded largely unchanged Tuesday amid uncertainty over the future path of interest rates and ahead of earnings from market darling…

Macy’s beats earnings estimates, as turnaround plan shows early progress

cnbc.com The Macy's flagship store in the Herald Square neighborhood of New York, US, on Saturday, Feb. 24, 2024. Macy's fiscal first-quarter earnings topped Wall Street's…

Stock futures are little changed after Nasdaq Composite hits all-time high: Live updates

cnbc.com Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Stock futures are near flat Monday night after the technology-heavy Nasdaq…

Department Stores Aim to Attract Gen Z and Millennials

pymnts.com Macy’s, Kohl’s, Nordstrom and other department stores are reportedly facing a pressing challenge in attracting younger customers. The rise of social media, specialty…

Macy's Q1 earnings preview: Decline expected as management weighs a buyout offer

aol.com Macy's (M) is set to release its first quarter earnings report, with a buyout bid lingering in the background. On Tuesday morning, the department store chain is expected to…

Macy's, Kohl's, Nordstrom chase younger shoppers

nbcnews.com Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of…

Why Michael Dell's latest prediction about AI PCs is great news for Best Buy

cnbc.com Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.…

As their customers age, department stores chase younger shoppers

aol.com Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of…

As their customers age, Macy's, Kohl's and Nordstrom are chasing younger shoppers

cnbc.com Department stores are aging — and so are their customers. For over a century, the stores won over multiple generations with a promise to sell shoppers a wide variety of…

Key Events This Quiet Week: Nvidia Earnings, FOMC Minutes, And Tons Of Fed Speakers

zerohedge.com Key Events This Quiet Week: Nvidia Earnings, FOMC Minutes, And Tons Of Fed Speakers After last week's non-stop rollercoaster, it will be a quieter week ahead for global…

What To Expect in the Markets This Week

investopedia.com Artificial intelligence (AI) darling Nvidia (NVDA) is set to report earnings after markets close on Wednesday, in what could be a highlight of this week's events. The…

As Rest of Retail Stagnates, Ecommerce is Hot. And what Walmart Said about this Phenomenon

wolfstreet.com Walmart US online sales +22%. It credits “convenience” of ecommerce for its success in attracting higher income customers. Ecommerce sales in Q1 jumped by 8.6%…

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Target

investing.com U.S. stocks finished mostly higher on Friday, with the ending above the key 40,000 level for the first time in history on growing expectations of Fed rate cuts this year.…

Wealthy Americans are starting to spend more carefully

aol.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Under Armour was a real threat to Nike. Now it's fighting to stay relevant

ksl.com NEW YORK — It was once hyped as a worthy rival to Nike. But at present, Under Armour, founded by a 23-year-old former college athlete, is struggling to "just do it."…

What’s behind the growing popularity of Japanese comics and animations in U.S

pbs.org Japanese animation and comic books have exploded in popularity in the United States over the last few years. From floats in the Macy's Thanksgiving Day Parade to a win at…

Under Armour was a real threat to Nike. Now it’s fighting to stay relevant

aol.com It was once hyped as a worthy rival to Nike. But at present, Under Armour, founded by a 23-year-old former college athlete, is struggling to “just do it.” Instead, the brand…

1 Magnificent Growth Stock Down 63% to Buy Right Now Before It Skyrockets

finance.yahoo.com Investors continue to be enamored of artificial intelligence (AI) stocks, which makes a lot of sense. AI has the power to transform business and everyday life, and many…

Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each

cnbc.com All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad news is good news week for Wall…

GameStop sinks on plans to issue more shares, stocks waver to end the week:

finance.yahoo.com plummeted more than 20% after announcing it may issue up to 45 million additional shares. The video game retailer also released first quarter preliminary results that show a…

Sam Ash, iconic retailer to musicians, plays its last notes

latimes.com Sam Ash Music announced in an Instagram post that it’s closing all its stores. Kristina Bialkowski remembers the day she got her first guitar at the Sam Ash Music Store on…

Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's

cnbc.com CNBC's Jim Cramer on Friday guided investors through next week's earnings-filled schedule on Wall Street, saying to pay special attention to the report from Nvidia , one of…

The best and the worst sectors in the stock market during this recording-setting week

cnbc.com Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.…

Stock market today: Wall Street takes an early breather after climbing throughout the week

apnews.com Wall Street was slow to engage early Friday, a day after the Dow Jones Industrial Average briefly cleared the 40,000 mark for the first time the previous day. Futures for…

CVS Pharmacy Launches New Store Brand for Snacks, Beverages, Groceries

pymnts.com CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold…

Harlem's Fashion Row Championing Equity for Underrepresented Designers with 6th Annual Designer Retreat

benzinga.com Guest speakers, including fashion icon Tommy Hilfiger and design and marketing leaders from Calvin Klein, were slated for the three-day retreat, crafted to empower and equip…

Fashion Shoppers’ Shift to Digital Sends Retailers Packing

pymnts.com Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business…

3 Discount Retail Stocks Thriving as Shoppers Seek Value

investorplace.com With many Americans having trouble making ends meet, discount retailers should thrive Signs are starting to emerge that a relatively high number of Americans are having…

Walmart store closing, auctioning off laptops and flat screen TVs

thestreet.com The brick and mortar retail space has been a difficult area to function in recent years. For years, we have been decrying the decline of the traditional indoor shopping…

Looking to save money? Try shopping at bin stores

cbsnews.com Ever wonder what happens when you send a coffee maker, clothing or other items you bought back to retailers like Amazon? The short answer: Big U.S. retailers resell a lot of…

Bloomberg reporter Rockeman departs for grad school

talkingbiznews.com Bloomberg News reporter Olivia Rockeman has left the news organization to attend graduate school at The New School. She has covered U.S. economy beat and retailers including…

Ted Baker, Brooks Brothers launch liquidation sales in Canada, U.S

theglobeandmail.com The company that operates retailers Ted Baker, Lucky Brand and Brooks Brothers plans to close a number of stores in Canada and the U.S., after months of declining sales…

Dramatic pet pretends to be dead "every day" for the most cat reason ever

newsweek.com A woman has gone viral for showing off her pet cat's unusual way of telling her that she is ready to be fed. Any cat owner will tell you their feline has a specific way of…

Shein's U.S. charm offensive and IPO could hinge on NRF membership. So far, it's been rejected

cnbc.com Steve Dennis, a retail consultant who previously held executive positions at Neiman Marcus and Sears, agreed that NRF's acceptance of Shein could be a positive catalyst for…

Pudgy Penguins’ Toys Expand to Target Following 1M+ Sales

nftplazas.com Pudgy Penguins’ toy line has expanded its market presence. The NFT brand’s cute penguin plushies are now available at Target, alongside Walmart, Smyths, Hot Topic, Toys R…

17 celebrity moms whose look-alike daughters are following in their footsteps

aol.com None At 12 years old, Beyoncé's daughter Blue Ivy has already won a Grammy. • None Susan Sarandon's daughter, Eva Amurri, has played a younger version of her mom. • None…

The reason so many people are putting pickles in Dr Pepper right now

yahoo.com There’s a sour, green drink hack taking over Sonic, and fans of the mixed beverage have helped it go viral online calling it the perfect sip. On May 1, TikTok user…

What should you do if your Social Security number is stolen?

marketplace.org This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no matter how big or small. Ever…

Babies R Us opening in 200 Kohl’s stores, including five in Chicagoland

chicagotribune.com Babies R Us is moving into 200 Kohl’s stores later this year, including five in the Chicago area, in a new partnership, the retailer said. Chicago-area locations include a…

How retailers like Best Buy, T.J. Maxx and Home Depot quietly target 'problem' returners

cnbc.com It's no secret that retailers are cracking down on returns. In 2023, 81% of U.S. retailers implemented pay-to-return policies in some capacity. Amazon, Macy's, T.J.Maxx,…

‘SNL’ Anniversary Special Planned For February 2025

deadline.com A special to commemorate the 50th anniversary of Saturday Night Live is planned for February on NBC. The network is planning a celebratory weekend that culminates with a…

The oldest shopping mall in each of the 50 states

businessinsider.com The Arcade in Cleveland is one of the oldest indoor shopping centers in the entire country. Jessica B./Yelp Shopping malls were some of the most popular hangout spots in the…

Dozens of stores you once loved that don't exist anymore

aol.com May 10, 2024 at 11:27 AM • None Declining foot traffic and rising e-commerce have led thousands of stores to permanently close. • None Former household names like Borders,…

AI washing: A Microsoft VC's warning about dubious, and rising, corporate artificial intelligence claims

cnbc.com The artificial intelligence landscape is teeming with players, and they're not all legitimate. Some are practicing something called "AI washing," which Securities and…