Macy’s Projects 45% Q1 Sales Drop, Secures $4.5 Billion To Maintain Liquidity During Recovery
Macy’s reported a preliminary Q1 2020 sales decline of 45%, to $3 billion, but the retailer expects to…
News June 10
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Tractor Supply, LVMH CEOs Join NRF Board Of Directors
The National Retail Federation (NRF) has elected two new members to its board of directors, Hal Lawton, President…
News June 5Walmart Dives Into Hot Resale Market With ThredUP Partnership
Walmart continues its mission to elevate its reputation in fashion with its new ThredUP partnership, which gives e-Commerce…
News May 27Macy’s, Starbucks And Five Below Take Unique Approaches To Reopening Strategies
Retailers’ reopening challenges vary significantly, due to a wide range of state and local legislation as well as…
News April 30
Mall Recovery Report: Quick Rebound Or Long-Term Struggle?
Even before COVID-19 dealt a body blow to “non-essential” physical retailers, malls were experiencing significant business headwinds —…
Features April 23CNBC: Macy’s To Leverage Inventory, Real Estate As Collateral To Raise $5 Billion
Macy’s will reportedly try to raise as much as $5 billion in debt to survive the COVID-19 pandemic,…
News April 22
Macy’s CFO Steps Down
Paula Price, EVP and CFO at Macy’s, will be leaving her position on May 31, but she will…
News April 7
Department Store’s Tough Times Continue: S&P 500 Index Drops Macy’s
Macy’s is one of many retailers reeling from the COVID-19 outbreak, furloughing most of its 130,000 employees after…
News April 1
The Home Depot, TJX And Best Buy Shine Brightest In Q4 But It’s Dark Days For Department Stores
While Walmart and Target may have underwhelmed in November and December 2019, the full holiday season produced clear-cut…
News March 2Featured
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