Macy’s just made a major fashion move that has shoppers clutching their wallets — and economists raising an eyebrow. The ...

The end is drawing near for all but one of the remaining Macy’s department stores in Macomb and Oakland counties. More than 200 employees will receive layoff notices when Macy’s shuts down for good ...

The department store has been an American staple for over 150 years, since it was founded in 1858 by Rowland Hussey Macy. The ...

Macy's said on Tuesday that it would nearly triple the number of stores offering its off-price concept, Backstage, to 145 this year.

Store closures are rampant across the United States in recent months and Macy’s, the popular department store chain, has also fallen victim to this apparent trend. Well over fifty of the company’s ...

America's department stores are trying to stay relevant in a new era of consumer behavior. As consumer preferences have shifted to low-price convenience players like Amazon (AMZN), Walmart (WMT), TJX ...

The company first announced the closures in January. Dozens of Macy's stores nationwide are shutting their doors months after the chain announced a slew of closings earlier this year. Over 60 Macy's ...

Jeff Gennette joined Macy's in 1983 as an executive trainee and worked his way up the ranks, becoming CEO in 2017.

Department stores used to rule the retail world. Chains like Macy's, Filene's, and J.C. Penney anchored malls and drove ...

Brick and mortar sales have taken an irrecoverable knock since the COVID-19 pandemic and its subsequent lockdown which then led to a seemingly permanent preference for online shopping. Macy’s, the ...