Macy’s

Here's a Retail Job That's Still in High Demand: Data Scientist
Bricks and mortar retailers are utilising data science and analytics to tackle the threat of e-commerce.

Macy's, Kohl's Renew Fears of Department Store Slump
Shares of both retailers declined on Thursday after the quarterly results failed to assure investors that a comeback was taking hold.

Macy's New CEO Vows to Keep Shoppers' Attention
Jeff Gennette wants to build Macy’s into a fashion destination where shoppers looking for exclusive products can buy online or on their phones as easily as in a store.

What's Next for DKNY?
After acquiring DKNY for $650 million, apparel firm G-III has cut a series of deals that could initially raise brand awareness and sales, but ultimately damage the label's premium image.

Sinking Department Store Sales Herald 'Do-More-With-Less' Era
With consumers increasingly fleeing department stores for Amazon.com Inc. and specialty shops, the former stewards of retail are scrambling to adapt.

Op-Ed | Macy's Downfall Doesn't Spell Doom for All of Retail
Macy's shares tumbled Thursday after the department store chain reported sales had fallen in the first quarter from a year earlier, the ninth such quarterly decline in a row.

Macy's Shares Tumble After Weak Quarterly Sales
New chief executive officer Jeff Gennette faces declining foot traffic in malls, race-to-the-bottom discounts among his competition, and a shrinking customer base.

Macy's and Tailored Brands Ends Tuxedo Rental Partnership
Both companies have agreed to wind down operations of a tuxedo rental license agreement, after the initiative did not generate the revenue that they had envisioned.

Over 8,640 Stores to Close in US, Signalling Sea Change in Retail
With American store closings on track to surpass their 2008 peak, only the smart will survive.

Wall Street’s Bet Against Empty Malls Is Getting Too Crowded, Citi Says
Investors should instead consider buying protection from a mixture of bonds from retailers that include Target, Gap, Nordstrom and Macy's as a different type of short-term play.