Macy’s, Inc. (NYSE:M)

grand opening

Ross Stores Opens 31 Locations Months After Macy’s Closes 40

Someone is doing something right in retail, and someone is doing something wrong. Mid-tier retailer Macy's Inc. (NYSE: M) said it would close 40 stores in an announcement released in ...
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JCP appliances

JC Penney Short Interest Slips to 81 Million Shares

J.C. Penney Co. Inc.'s (NYSE: JCP) prospects may be slightly better than those of Macy's Inc. (NYSE: M) and Sears Holdings Corp. (NASDAQ: SHLD). However the short interest in its ...
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Stock Price

The 52-Week Low Club for Wednesday

May 18, 2016: Here are four stocks trading with heavy volume among 66 equities making new 52-week lows in Wednesday's session. NYSE decliners led advancers by about 2 to 1 ...
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Stock Price

The 52-Week Low Club for Tuesday

May 17, 2016: Here are four stocks trading with heavy volume among 71 equities making new 52-week lows in Tuesday's session. NYSE decliners led advancers by about 2 to 1 ...
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crash

What Would Make US GDP Go to Zero?

The 0.5% improvement in first-quarter gross domestic product (GDP) is not far from zero. It would not take many factors to push growth down to zero or even below. Several ...
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retail recession

5 Major Retailers That Crushed Shareholders Last Week

Retail stocks took a serious dive this past week as many retailers reported weak earnings and sales trends. Some of these companies blamed the weather, weak comparable sales, guidance or even the rise ...
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Jeff Bezos

Can Amazon’s Market Value Hit Half A Trillion Dollars?

At least one Wall St. analyst believes the value of Amazon's (NASDAQ: AMZN) share prices will reach $1,000, up from $709. Its market value is currently $335 billion. Is half ...
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a lot of money

CEOs of Macy’s, Kohl’s and Nordstrom Make Tens of Millions of Dollars

As earnings fell apart at Macy's Inc. (NYSE: M), Kohl's Corp. (NYSE: KSS) and Nordstrom Inc. (NYSE: JWN), their CEOs made tens of millions of dollars. The money was paid for ...
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jcpenney-logo-2015

What to Expect from JC Penney Earnings

Before markets open Friday morning, retailer J.C. Penney Co. Inc. (NYSE: JCP) is scheduled to report first-quarter 2016 results. Analysts are looking for a net loss per share of $0.38 ...
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Stock Price

The 52-Week Low Club for Wednesday

May 11, 2016: Here are four stocks trading with relatively heavy volume among 54 equities making new 52-week lows in Wednesday's session. NYSE decliners led advancers by less than 2 ...
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Store Closing

Macy’s Continues to Disappear

Macy's Inc. (NYSE: M) has already cut stores in an effort to downsize. The decision was too little too late. Shares of the retailer fell more than 13% to a ...
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Macy's in the mall

Macy’s Earnings Hit by Weak Sales, Lowered Guidance

Macy’s Inc. (NYSE: M) reported first-quarter 2016 results before markets opened Wednesday. The department store giant posted quarterly adjusted diluted earnings per share (EPS) of $0.40 on revenues of $5.77 ...
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Macy's in the mall

What to Expect When Macy’s Reports Earnings

Macy’s Inc. (NYSE: M) is set to report its fiscal first-quarter financial results before the markets open on Wednesday. Thomson Reuters has consensus estimates of $0.37 in earnings per share (EPS) ...
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Closed

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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