Toys “R” Us is set to open a brand new two-story flagship store in the American Dream mega-mall in New Jersey around the mid of December featuring an ice cream store and café alongside more than 10,000 toys. “Toys R Us is back and it’s back in a mega way,” Yehuda Shmidman, WHP Global and…
Toys ‘R’ Us Reopening With New Flagship Store in American Dream Mall
December 6, 2021
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Macy’s CEO Says Black Friday Crowd Size Bigger Than Last Year
Macy’s CEO Jeff Gennette told CNBC on the morning of Nov. 26 that Black Friday shopper traffic was up compared to the same point last year, adding that he expects a great day in sales terms as the busy holiday shopping season gets underway. Gennette told the outlet that Macy’s saw “a big rush” in…
Macy’s Shares Surge as Early Moves to Stock up for the Holidays Pay Off
Macy’s Inc. raised its full-year sales and profit outlook on Thursday, signaling the department store chain had sidestepped supply chain snarls and was well stocked for the all-important holiday season. The retailer also beat market estimates for quarterly sales and said it was reviewing a potential spin-off of its e-commerce business, sending its shares soaring…
Macy’s to Lift Minimum Wage to $15 an Hour as Labor Market Tightens
Macy’s Inc will raise the minimum wage of its more than 100,000 U.S. employees to $15 an hour by May, the department store chain said on Monday, as retailers fight to hire and retain workers in an increasingly competitive labor market. A nationwide labor shortage driven by the pandemic has spurred retailers to raise wages…
Macy’s Thanksgiving Day Parade to Snap Back, Add Baby Yoda
NEW YORK—The Macy’s Thanksgiving Day Parade will return to its pre-pandemic form this year, with its route restored through Manhattan, high-flying helium balloons once again pulled by handlers and crowds welcomed back to cheer them on. And Baby Yoda is joining the party for the first time. This year’s parade—the 95th annual—will snap back to…
Big Retailers Line up Deals to Take on Amazon Prime Day Frenzy
June 21, 2021
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Amazon.com will face challenges from big retailers during its annual Prime Day promotion, as more merchants piggyback on the multibillion-dollar online sales event. Target, Walmart, Bed, Bath & Beyond, Macy’s and Kohl’s are some top retail chains offering big discounts and promotions to coincide with Prime day, which takes place on Monday and Tuesday this…
Macy’s To Close 45 Stores This Year
Department store operator Macy’s Inc said on Tuesday it would close about 45 stores this year as part of its three-year plan to lower store count in order to focus on its more productive outlets. Even before the lockdowns in the United States last year, Macy’s had announced the plan to close 125 of its…
Husband Replaces $20 Wedding Ring From Macy’s With Ring of Her Dreams 13 Years Later
A married Savannah man has gone viral after posting his romantic gesture to the woman of his dreams, which stole the hearts of thousands across the internet. Christopher Smith, a local mobile phone repairman and owner of Savannah iDoctor, gave his wife a new wedding ring the week of Thanksgiving. Previously, his wife, Candace, accepted…
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