Macy’s, Inc. (NYSE:M)

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Why Frederick’s of Hollywood Was Smart to Close Stores

Just a year ago, the Frederick's of Hollywood lingerie retail operation closed virtually all its stores as it entered Chapter 11. As a part of the process, it sold its inventory ...
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lightning

Which Companies Benefit as El Niño Transitions to La Niña?

The verdict for El Niño is in, and while it hasn’t been particularly good for cold weather retailers, it hasn’t been catastrophic either. Brick-and-mortar seasonal retailers are already in quite ...
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Selecting Ties

Short Interest in JC Penney Plummets 23 Million Shares

The turnaround of a company's share price, presumably based on a turnaround of its business, is never complete until the naysayers retreat. After the company posted Lazarus-like results for the holidays, ...
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cardigans in fall colours

How Warm Weather Will Hit Cold Weather Retailers

In a recent interview with Buzzfeed, Bill Kirk, CEO of a company called Weather Trends, said that a one degree change in temperature can translate to a 3% to 5% ...
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Store Closing

Does Gap Need to Close More Stores?

It has been a season of retail store closings. Macy's Inc. (NYSE: M) has shuttered locations, beaten-up Sears Holdings Corp. (NASDAQ: SHLD) will close more, and Kohl's Corp. (NYSE: KSS) ...
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buy sell stocks

Top Analyst Upgrades and Downgrades: First Solar, Ford, Frontier Communications, JPMorgan, Macy’s, Yamana Gold and More

Stocks were indicated to open down again on Wednesday, stoking concerns that the rallies are still just selling opportunities. In the prior four years it was a "buy the dips" ...
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Money close-up

Macy’s Earnings Set Up a Comeback in 2016

Macy’s Inc. (NYSE: M) reported its fiscal fourth-quarter financial results before the markets opened on Tuesday. The company said it had $2.09 in earnings per share (EPS) on $8.87 billion ...
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Selecting Ties

What to Look for When Macy’s Reports Earnings

Macy’s Inc. (NYSE: M) is scheduled to report its fiscal fourth-quarter financial results before the markets open Tuesday. The consensus estimates from Thomson Reuters call for $1.89 in earnings per ...
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Lumber stack

Top Retail Earnings for the Week Ahead

24/7 Wall St. has put together a preview of some of the major retailers that will be reporting their quarterly earnings in the coming week. We are just entering into ...
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Walmart checkout

Walmart Best Performing Dow Stock Of 2016

A few months ago, Walmart (NYSE: WMT) found itself consigned to the retail junk yard. Too big. Too many more modest sized big box retailers. Amazon (NASDAQ: AMZN). No longer ...
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Holiday Retail Sales Rise 3%, Miss Target

For crippled retailers like Best Buy Co. Inc. (NYSE: BBY) and Macy's Inc. (NYSE: M), a 3% rise in holiday sales would have been a blessing. The 3% level was ...
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Macy's in the mall

Macy’s Adds More Discounts to Move Winter Clothes, Other Items

When Macy's Inc. (NYSE: M) announced its November/December same-store sales total last week, the news was not good, but the company was able to forestall a disaster in the share ...
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Selecting Ties

Macy’s Accommodates for Weak Holiday Sales With Cost-Efficient Initiatives

Macy’s Inc. (NYSE: M) had a tough run over the holiday season and the company suffered, but no one thought that it might be this bad. This department store posted ...
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Fired Businessman

Can Sears Avoid Layoffs? (UPDATED)

Macy's Inc. (NYSE: M) posted horrible holiday results, and management said it would cut over 4,000 people when store employees and management are added together. The retailer forecast the cuts ...
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Shoppers

Ongoing Warm Weather Continues to Cripple Retailers

Unusually warm fall and early winter weather had a sharp impact on retail sales in the fourth quarter of 2015, and the latest weather forecast does not appear to be ...
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