Retailer Macy's is reportedly considering issuing new debt backed by some of its owned real estate. How that property will be valued could mean the difference between survival and extinction for the…
Paul Ausick In the strongest months as the economy recovered from the Great Recession, America added between 150,00 and 350,000 jobs a month, according to the BLS. In an average month, that number was…
Macy's has reportedly hired an investment bank to help it figure out how to maintain liquidity during a period when essentially all its stores are closed.
Paul Ausick Macy’s stock hit an all-time low in Wednesday’s session after it was announced that the company would be leaving the S&P 500.
Department store operator Macy’s announced on Monday that it will furlough a “majority” of its employees as a result of ongoing concerns about the coronavirus pandemic.
Chris Lange As the locations of major retailers remain closed, customers need to go elsewhere. Amazon is among the few places shoppers can actually go.
In this new frightening and recessionary environment, high dividends based on continued and easy coverage rates are viewed suspiciously.
Friday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, Apple, Booking, Cisco Systems, Costco Wholesale, Kroger, Lyft, Macy's, Marvell Technology and Starbucks.
Big-box retailer Target has moved into the top 10 of retail e-commerce companies based on market share.
A new study forecasts that a global coronavirus pandemic could chop mall traffic severely, leaving both owners and department store retailers in deep trouble.
Douglas A. McIntyre Macy’s released better than expected fiscal fourth-quarter financial results before the markets opened on Tuesday.
Chris Lange Macy’s is set to report its most recent quarterly results before the markets open on Tuesday. Analysts' expectations are rather low.
Chris Lange These eight dividend picks have at least 8% yields, steady payouts and projected upside. They offer a diverse view of the broader dividend universe, but smaller and more questionable dividend payers were…
The worry about Macy's is that, even with cost cuts, its top line will still drop over the next several years, along with same-store sales.
Douglas A. McIntyre The long-held belief among investors is that the CEO is responsible for results in any company. If Jeff Gennette is not to blame for the Macy's disaster, who is?
Douglas A. McIntyre 