Where Are Macy’s Customers Going?
A new customer survey reveals that Macy's recent troubles reflect more than competition from Amazon.
A new customer survey reveals that Macy's recent troubles reflect more than competition from Amazon.
Most stocks of large, traditional retailers started 2018 as they had traded at the end of last year. Down. The patterns confirms investor anxiety that the year will not bring a retail…
Macy’s saw its shares take a step back on Thursday after the company reported numbers from its holiday season, as well as updated guidance for the 2017 full year.
The top analyst upgrades, downgrades and other research calls from Tuesday include Abbott Labs, Delphi, Lululemon, Netflix, Nordstrom, Sirius XM, Disney and Windstream.
Wednesday was a relatively mixed day for the markets on low volume. While the exchanges did not hit new highs they are easily within striking distance. Crude oil was down on the…
On December 21, bankrupt retailer Toys "R" Us will announce third-quarter earnings. The numbers likely will show that the company's dire situation has gotten worse.
Macy's announced Friday that it only plans to hire an additional 7,000 seasonal associates for positions at its stores nationwide for the 2017 holiday season.
Traditional retail stocks did not get a break in the month which ended Thanksgiving. There was no renewed optimism they can successfully battle e-commerce this holiday season. The fact among the large…
Alibaba's Singles Day sell-a-thon kicked off at midnight Saturday morning and sold more than $1 billion in merchandise in the first two minutes. Things only got bigger after that.
Large retailers have shown such poor results that even minor progress makes it appear they have a brighter future than the one predicted for the last year. Results from several companies, most…
Thursday was a down day for the broad U.S. markets with all of the major exchanges ending the day lower. Crude oil started off flat but pushed higher as the day went…
Macy's beat analysts' consensus estimate for profits, but missed on revenues. The company also reaffirmed guidance and offered an upbeat assessment for the fourth quarter.
Mallinckrodt, Pandora, TripAdvisor, and Macy's all posted new 52-week lows on Tuesday.
The stocks of large, traditional retailers have been in decline for over two years. Almost none have fallen as hard as J.C. Penney Co. Inc. (NYSE: JCP) with its share price off…
Merck, General Electric, Macy's, and CenturyLink all posted new 52-week lows Monday.