To celebrate Independence Day, Macy’s Holds its 47th Annual 4th of July Fireworks at 8:00 p.m. ET on July 4. The 60,000 fireworks will launch from barges on the East River at approximately 9:25 p.m. ET, and lasts about 25 minutes. …
LIVE 8:45 PM ET: Macy’s Holds 47th Annual 4th of July Fireworks
To celebrate Independence Day, Macy’s Holds its 47th Annual 4th of July Fireworks at 8:45 p.m. ET on July 4. The 60,000 fireworks will launch from barges on the East River at approximately 9:25 p.m. ET, and lasts about 25 minutes. …
Macy’s Holds 47th Annual 4th of July Fireworks
To celebrate Independence Day, Macy’s Holds its 47th Annual 4th of July Fireworks at 8:45 p.m. ET on July 4. The 60,000 fireworks will launch from barges on the East River at approximately 9:25 p.m. ET, and lasts about 25 minutes. …
Macy’s Slashes Expectations for the Year After a Pullback by Shoppers in the Spring
Macy’s slashed its outlook for the entire year as sales weakened in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Sales began to flag in March, forcing the New York department store to cut prices on clothes and other discretionary items. Macy’s results wrap up the retail industry’s fiscal first-quarter…
Macy’s to Hire More Than 41,000 Workers for Holiday Shopping Season
Macy’s Inc. said on Monday it plans to hire more than 41,000 full- and part-time workers ahead of the upcoming holiday shopping season. The department store chain said hiring for the seasonal positions will be at its Macy’s, Bloomingdale’s, and Bluemercury stores, supply chain locations, and call centers. Last year, Macy’s had planned to hire…
Macy’s Lowers Outlook Despite Solid Second Quarter
NEW YORK—Macy’s cut its outlook for the year Tuesday despite topping Wall Street expectations as it faces a glut of unsold inventory that has afflicted almost the entire retail sector. The department store earned $275 million, or 99 cents per share, in the three-month period that ended July 30, or $1 if one-time charges are…
Macy’s Raises Profit Outlook as Demand for High Fashion Picks Up
Macy’s Inc. raised its annual profit forecast on Thursday, helped by strong demand for high-margin apparel from consumers returning to weddings and other social events, even as red-hot inflation saps consumer spending power. Macy’s joined rival Nordstrom Inc. in bucking a trend of profit warnings from major retailers who are seeing consumers prioritize spending on…
NYC Macy’s Thief Arrested With Loaded Gun; Amazon Sues Companies for Fake Reviews | NTD Business
Amazon brings two companies to the court over fake reviews. it claims the companies connected sellers with consumers who would write positive reviews in exchange for free products. Trouble at America’s largest department store. Shoplifting and a loaded weapon. What can be done to prevent such incidents? A major aircraft manufacturer is investing big in…
Macy’s Forecasts Strong 2022 After Holiday Sales Bump, to Not Separate Online Unit
Macy’s Inc on Tuesday decided against a push by an activist investor to spin off its online business and forecast better-than-expected annual sales after a bumper holiday season, during which it kept its shelves well-stocked. The department store chain also announced a $2 billion share buyback plan and raised its quarterly dividend by 5 percent,…
Macy’s to Win US Holiday Season With Biggest Sales Jump Among Department Stores
Wall Street expects Macy’s Inc. to report the biggest jump in holiday sales among U.S. department stores when it reports quarterly results on Tuesday, benefiting from its investments in online business and ability to keep its shelves stocked. Analysts said the company was able to keep its supplies steady during the peak shopping season as…
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