Shoppers flock to stores for Black Friday 2022 deals:
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| Last Updated | Nov 25 22 |
| Total Articles | 4 |
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The world famous Macy's Thanksgiving Day Parade took place in New York City yesterday – continuing a tradition that was first launched in 1924 ... Show more bit.ly/3EYYrNB
📸 From @reuterspictures : From Macy's Thanksgiving Parade in New York to The Spider structure at the Arcadia Music Festival at the #FIFAWorldCup in Doha, Qatar ... Show more
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Shoppers flock to stores for Black Friday 2022 deals: Black Friday is one of the best days of the year to shop, and Americans are flooding stores across the ...
nydailynews.com/photos/ny-black-friday-shopping-stores-20221125-xz4flqxqp5alrbhcb7kmablivm-photogallery.html
Macy’s Names Two Arkhouse Nominees to Board
barrons.com/articles/macys-stock-arkhouse-proxy-board-5c11a828
Paid articlePaid
Macy’s Proxy Fight Over Brigade Buyout Offer: Pension Fund Sues: Macy’s Inc. has “weaponized” its debt agreements as part of a proxy fight with a pair of ...
bloomberg.com/news/articles/2024-04-09/macy-s-sued-for-signaling-debt-payment-speed-up-in-proxy-fight
Paid articlePaid Why Higher Treasury Yields Are Bad News for Macy’s, RH, and Other Retail Stocks: Retail stocks surged when yields fell late last year. They are likely to come ...
barrons.com/articles/retail-stocks-high-interest-rates-8c8f32a2
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Exclusive | Nordstrom Family Weighs Taking Retailer Private: The department-store chain has formed a special board committee and tapped bankers to consider a ...
wsj.com/business/retail/nordstrom-family-weighing-taking-retailer-private-ff951e5d
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
Beauty Stocks Gain Ground After Ulta’s Warning. Why Some Analysts Are Still Bullish.
barrons.com/articles/beauty-stocks-cosmetics-demand-c4b6b146
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Macy’s Settles Its Proxy Fight. What Happens Now.: Investment firm Arkhouse Management ended its proxy contest against Macy’s, and withdrew its seven other ...
on.barrons.com/3UaXNnE
Secrets of Diddy's billionaire boys club: Rapper wooed Wall Street elite — who praised him as 'genius' before sex trafficking probe
nypost.com/2024/04/01/entertainment/secrets-of-sean-diddy-combs-billionaire-boys-club/
Nordstrom, Macy's deals could put private ownership back in vogue for US retailers
reuters.com/business/retail-consumer/nordstrom-macys-deals-could-put-private-ownership-back-vogue-us-retailers-2024-03-19/
Quick Glance: Nordstrom's Founding Family Seeks to Privatize US Retailer
- The Nordstroms are considering taking the US retail company private.
- Nordstrom has tasked investment banks to assess private equity firms' interest.
- Nordstrom's stock price surged 12% on the news.
- Investment firms are also pursuing the privatization of Macy's.
Exclusive: Macy's opens its books in company sale talks: Macy's Inc told Reuters on Tuesday that it will open its books to Arkhouse and Brigade Capital ...
reuters.com/business/retail-consumer/macys-opens-its-books-company-sale-talks-sources-say-2024-03-19/
Best Buy and other retailers started 2024 by closing stores. They're not done, analysts say
qz.com/best-buy-macys-foot-locker-closing-stores-retail-1851340359
Paid articlePaidQuick Glance: Retailers Strategize Closures and Adaptations Amid Inventory Challenges
- Retailers are facing the need to close physical stores due to excess inventory to ensure success. Analysts predict ongoing closures in various retail categories.
- Best Buy, Macy's, and Foot Locker are among the retailers announcing store closures to realign their strategic focus. Best Buy shifts towards smaller stores, Macy's focuses on upscale locations, and Foot Locker reacts to profit setbacks.
- Retailers are optimizing operations with fewer stores. Best Buy introduces smaller-format stores, Macy's emphasizes upscale locations, and Foot Locker responds to financial losses.
- Retailers like Dollar Tree and Dollar General adjust strategies based on customer needs, tackling challenges such as labor shortages and theft. Adaptations are made to stay competitive in the evolving retail landscape.
How Rival Retailers Could Win Over Shoppers Stranded by Macy's Closures: Proximity to Macy's locations, and increasingly overlapping customer profiles ...
inc.com/bruce-crumley/how-rival-retailers-could-win-over-shoppers-stranded-by-macys-closures.html
Save on clothing, beauty, home goods and more during Macy’s VIP Sale | CNN Underscored
cnn.com/cnn-underscored/deals/macys-vip-sale-2024-03-28
Macy’s Open to Engaging With Arkhouse, Brigade On Takeover Offer: Macy’s Inc. is ready to let Arkhouse Management Co. and Brigade Capital Management look at its ...
bloomberg.com/news/articles/2024-03-14/macy-s-open-to-engaging-with-arkhouse-brigade-on-takeover-offer
Paid articlePaid
Capital Sports Center: Macy's demo nears as closing date set for property purchase
wvgazettemail.com/news/kanawha_valley/capital-sports-center-macys-demo-nears-as-closing-date-set-for-property-purchase/article_d108d6f0-1381-59e8-8803-6b82b6345128.html
Macy’s Buyout Looks to Be Headed to Due Diligence Stage. What to Know.: An investor group seeking to buy the retailer might be willing to raise its bid after ...
barrons.com/articles/macys-buyout-arkhouse-proxy-stock-property-ca66bd80
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Macy’s closing 150 ‘underproductive locations’: Macy’s announced Tuesday it will be closing 150 “underproductive locations” over the next three years as sales ...
thehill.com/business/4491223-macys-closing-stores-bloomingdales/
Quick Glance: Macy's CEO Revolutionizing Shopping Experience
- Macy's new CEO, Tony Spring, is drawing on his hospitality training to turn around the department-store chain.
- Spring uses food metaphors to emphasize the impact of small details.
- He is fighting off investors pushing to control the 166-year-old retailing empire.
Could downtown Sacramento Macy’s be next to close? One local business leader thinks so
sacbee.com/news/local/article286254110.html
Bye, department stores. Hello, AI. Is what's happening to Macy's and Nvidia a sign of the times?
usatoday.com/story/money/2024/03/07/macys-store-closing-nvidia-stock-changing-market/72759737007/
Chanel Beauty, Dolce & Gabbana, David Yurman, Others Join New Saks Media Network: Saks launches media network, Chanel Beauty, Dolce & Gabbana participate.
wwd.com/business-news/retail/saks-media-network-chanel-beauty-dolce-gabbana-walmart-amazon-macys-1236327102/
Demo date set for Macy's building, making way for Capital Sports Complex: A demolition date beginning April 25, 2024 is set for the two-level, 153 ...
wvgazettemail.com/sports/demo-date-set-for-macys-building-making-way-for-capital-sports-complex/article_850833ca-ed57-5631-8cce-74216a559b09.html
These major retailers are closing stores across the US. What Arizona shoppers need to know
azcentral.com/story/money/business/consumers/2024/03/21/store-closings-2024-arizona/73047003007/
Macy’s Stock Rises as Investor Group Raises Buyout Bid. How the Battle’s Playing Out.
barrons.com/articles/macys-stock-offer-buyout-66de072d
Paid articlePaid
Macy's Stock Surges 17% On Nearly $7 Billion Takeover Offer: Macy's stock soared early Monday after the investor group looking to buy the retail giant increased ...
investors.com/news/macys-stock-surges-17-on-nearly-7-billion-takeover-bid/
Super Micro, Nvidia, Taiwan Semi, Macy’s, Li Auto, Spirit AeroSystems, and More Stock Market Movers
on.barrons.com/3Tiqe2G
S.F. leaders in talks with Macy’s to stay in Union Square building: San Francisco city leaders talking with Macy’s to persuade retailer to remain in its Union ...
sfchronicle.com/sf/article/s-f-macys-union-square-19412157.php
Macy’s Plan to Close 150 Stores Is Part of a Growth Strategy, Says CFO: The move will help the company monetize up to $750 million of real estate assets through ...
barrons.com/articles/macys-close-150-stores-e4e9520b
Paid articlePaid
Photographer captures jaw-dropping eclipse engagement: ‘Forever’s gonna start tonight’
charlotteobserver.com/news/nation-world/national/article287567705.html
Buyouts Brighten Outlook for Hong Kong Bankers: Bloomberg Deals: Hi, it’s Manuel Baigorri in Hong Kong, where the trend of take-private deals is on the rise and ...
bloomberg.com/news/newsletters/2024-04-10/buyouts-brighten-outlook-for-hong-kong-bankers-bloomberg-deals
Paid articlePaid S.F. downtown exodus: Map shows every major retail closure this year: A wave of retail store closures has hit downtown San Francisco. This map tracks every major ...
sfchronicle.com/projects/2023/san-francisco-downtown-closing/
Quick Glance: S.F. downtown retail closures: Map reveals major shutdowns
- A wave of retail store closures has devastated downtown San Francisco, with over a dozen notable destinations closing or announcing closures since the start of 2023.
- Major retail brands such as Old Navy, AmazonGo, Saks Off Fifth, Anthropologie, and Office Depot are among those planning to close their storefronts.
- Retail closures have impacted cities nationwide, as the rise of online shopping and changing habits during the pandemic have affected foot traffic in retail spaces.
When Science Class Is in a Former Macy’s: Charter schools are popping up in struggling malls as landlords look for alternative tenants and communities seek to ...
nytimes.com/2024/02/23/business/charter-school-mall-landlord.html
Retailers brace for impact as new late fee rules threaten credit card revenue: Retailers will likely get hit by a new federal rule which caps credit card late ...
charlotteobserver.com/news/business/article287584320.html
Macy’s is selling two stores in Dallas-Fort Worth: Macy's said no decisions have been made yet about which stores will close.
dallasnews.com/business/retail/2024/04/12/macys-is-selling-two-stores-in-dallas-fort-worth/
Macy’s to Close 150 Stores in Latest Turnaround Bid: The retailer will focus on upgrading its remaining locations and opening smaller versions of its namesake ...
wsj.com/business/retail/macys-closing-stores-earnings-report-83721a8d
North Face to close its only San Francisco store in Union Square: The North Face, a company founded in San Francisco, is the latest retailer to announce plans to ...
sfchronicle.com/sf/article/north-face-union-square-closing-18709791.php
Paid articlePaid
Macy's in San Francisco Union Square, Walmart in West Covina closing: In all, Macy's is shutting 150 stores by 2026. Walmart West Covina will shut its doors ...
latimes.com/business/story/2024-02-27/macys-in-san-franciscos-union-square-walmart-west-covina-are-closing
It might be time to drop the "shopping" from "shopping mall": Traditional mall retailers are reeling, but shopping malls aren't worried.
axios.com/2024/03/07/shopping-mall-retail-macys-foot-locker-nordstrom
Rise and fall of Diddy's Sean John fashion empire amid federal investigation: One of Sean "Diddy" Combs' signature brands in his business empire was his fashion ...
foxbusiness.com/entertainment/rise-and-fall-diddys-sean-john-fashion-empire-amid-federal-investigation
Yahoo opens new downtown S.F. office once occupied by Macy’s: Tech pioneer Yahoo opens new downtown S.F. office once occupied by Macy’s: “Always long on the Bay ...
sfchronicle.com/sf/article/s-f-yahoo-office-macy-s-19322800.php
Paid articlePaid
Macy's, Best Buy banking on small-format stores amid retail shifts: Retailers have increasingly scaled back their physical footprints to not only reduce costs ...
businessinsider.com/macys-best-buy-small-format-stores-retail-department-big-box-2024-3
Paid articlePaid
Harrisburg Mall demolition begins: Down goes Macy’s: The mall is being demolished in five phases.
pennlive.com/business/2024/02/harrisburg-mall-demolition-begins-down-goes-macys.html
Paid articlePaid Macy’s Receives Director Nominations From Arkhouse. The Story Isn’t Over.: Last month, the department store turned down a takeover bid from two private-equity ...
barrons.com/articles/macys-director-merger-arkhouse-0ee9fa96
Paid articlePaid
Big-box stores try to stay relevant by focusing on smaller stores: Best Buy and Macy’s have joined a growing trend of retailers turning away from traditional ...
washingtonpost.com/business/2024/03/02/retailers-small-stores-macys-best-buy/
Macy's To Close 150 Stores, Signals Pivot To Luxury: The department store posted a fourth-quarter loss amid declining sales.
huffpost.com/entry/macys-to-close-stores_n_65dde745e4b0e4346d53f0df
Union Square once was center of San Francisco. Now it’s off the map: Union Square once was the center of San Francisco. Now the famed retail district is off the ...
sfchronicle.com/sf/article/union-square-macys-18693950.php
Paid articlePaid Shoplifting is bad. But store closures tell a different story.: Technological forces created department stores — and are now killing them.
washingtonpost.com/opinions/2024/03/01/macys-closure-shoplifting-department-store/
Macy's stock jumps despite announcement of mass store closures: The retailer is closing 150 stores, but Wall Street seems to see it as a positive.
trib.al/TZzqLTl
'I haven't eaten solid food for over a year and before that it was just custard': Macy Williams was diagnosed with an eating disorder that is rare and very ...
walesonline.co.uk/news/health/i-havent-eaten-solid-food-28728257
How Brands Made Sleepwear Fashionable: Hill House, Sleeper and Lunya are just a few of the brands betting big on this growing category ...
fashionista.com/2024/03/sleepwear-fashion-market-brands-business-2024
With S.F. Macy's closing, what will become of the iconic buildings?: With the San Francisco Macy's closing, what will become of the iconic buildings? Experts ...
sfchronicle.com/sf/article/macys-building-union-square-18692110.php
Paid articlePaid
Macy's Opens Books to Investor Group After Higher Offer: After weeks of discussions, the US department store chain Macy's wants to open its books to a takeover.
diepresse.com/18290361/macys-oeffnet-die-buecher-fuer-investorengruppe-nach-hoeherem-angebot
Malls once dead, find new life: Malls nearly destroyed America’s Main streets for the convenience of a free parking spot. Then the internet nearly destroyed ...
bostonglobe.com/2024/03/18/metro/malls-once-dead-find-new-life/
Macy’s Is Gilded No More. The Age of the Department Store Is Ending.: The retailer just rejected a $.5.8 billion buyout offer, but is being squeezed to sell its ...
barrons.com/articles/macys-is-gilded-no-more-the-age-of-the-department-store-is-ending-b3f4ee62
Paid articlePaid Macy's rejects $5.8 billion takeover offer: The retailer that announced fresh store closures last week cited a "lack of compelling value."
axios.com/2024/01/22/macys-takeover-bid-rejected
Former Macy’s store was first to be demolished at Harrisburg Mall; what’s next?: St. John Properties is demolishing the Harrisburg Mall in five phases.
pennlive.com/business/2024/03/former-macys-store-was-first-to-be-demolished-at-harrisburg-mall-whats-next.html
Paid articlePaid Capital Sports Center: Salango says Macy's building to be demolished in April: Demolition of the Macy's building, future site of the Capital Sports Center ...
wvgazettemail.com/news/kanawha_valley/capital-sports-center-salango-says-macys-building-to-be-demolished-in-april/article_d8bd1e6e-d6ef-551a-a11b-dd2aa75a3b36.html
Macy’s Stores Aren’t Fun Places to Shop. Its New CEO Wants to Fix That: Tony Spring aims to turn around the flagging retail chain. He understands ‘retailing is ...
on.wsj.com/3wVULdW
‘Hopefully here soon.’ One of Sweet 16’s biggest stars is still shopping for a college.
kentucky.com/sports/high-school/article286699505.html
How a food hall could save San Francisco’s Union Square: Replacing Macy’s with a food hall (no, not Eataly) could be the fix for S.F.’s Union Square ...
sfchronicle.com/opinion/openforum/article/union-square-san-francisco-18892043.php
Paid articlePaid Macy’s to close East Bay location, lay off thousands of U.S. employees: A Macy’s store in San Leandro will start a closing sale later this month as Macy’s shuts ...
sfchronicle.com/bayarea/article/macy-s-close-east-bay-location-lay-thousands-18616025.php
Macy’s cutting about 2,350 jobs, closing 5 stores: Layoffs are set to take place Jan. 26.
al.com/news/2024/01/macys-cutting-about-2350-jobs-closing-5-stores.html
What Chicago’s ‘rat hole’ can teach S.F. after the Macy’s closure: Macy’s is closing in San Francisco while a Chicago “rat hole” is drawing tourists from around ...
sfchronicle.com/opinion/article/chicago-rat-hole-macys-san-francisco-union-square-18657285.php
Paid articlePaid
Struggling Neshaminy Mall is put up for sale: The Bensalem shopping center has been struggling with over 50% vacancy.
inquirer.com/business/neshaminy-mall-sale-bensalem-macys-closed-20240202.html
Paid articlePaid Walmart increasing store managers and hourly employee pay in February: Walmart is the nation's largest private employer and largest retailer.
axios.com/2024/01/18/walmart-pay-raise-2024-manager-hourly-wage
Macy’s is laying off thousands of workers and closing stores across US. See the full list
richmond.com/news/nation-world/business/macys-near-me-stores-closing-layoffs-2024/article_f2bbc93b-3d24-5951-b241-b52a90f05492.html
Quick Glance: Macy's Workforce Reduction and Store Closures Impacting US Market
- Macy's is reducing its workforce and closing multiple stores in response to the online retail trend.
- The company operates a large number of Macy's stores as well as several Bloomingdale's locations.
- Despite numerous attempts to revitalize the business, Macy's long-term trajectory has remained unchanged.
- The stores are scheduled to close in early 2024.
Luxury designer Burberry seeking buyer for its S.F. building: Luxury designer Burberry seeking buyer for its high-profile Union Square building in San Francisco
sfchronicle.com/realestate/article/s-f-burberry-selling-building-union-square-18703781.php
Paid articlePaid Macy’s Stock Rises After Rejecting Private Equity Buyout. Why It’s Just the Beginning.
barrons.com/articles/macys-stock-hostile-bid-63d821e7
Paid articlePaid Macy’s to Cut 3.5% of Staff Before New CEO Takes the Helm: The company also plans to close five stores in 2024.
barrons.com/articles/macys-staff-layoff-12ea50fe
Paid articlePaid
Investor group raises bid for US retailer Macy's to US$6.6 billion: The struggling department store chain declined the initial US$5.8 billion offer in December.
freemalaysiatoday.com/category/business/2024/03/04/investor-group-raises-bid-for-us-retailer-macys-to-us6-6bil/
Macy’s closing one-third of its stores while boosting Bloomingdales: Macy’s, the iconic department store chain, on Tuesday announced a dramatic reshaping that ...
ajc.com/news/atlanta-news/macys-to-close-150-stores-in-us-georgia-impacts-not-clear/CLZU6LDMR5B6PA6A45SY35OV3A/
Paid articlePaid Weekend Lifestyle Roundup March 02, 2024: A collection of our best posts of the week in lifestyle
qz.com/weekend-lifestyle-roundup-march-02-2024-1851301187
Paid articlePaid Tired trends make their way to Macy’s: The cycle of unfashionable ideas has arrived at Macy’s doorstep. The department store owner is the latest to be targeted ...
reut.rs/3vUTcfW
Texas man sues Macy’s and Sunglass Hut parent over wrongful arrest linked to facial recognition
cnn.com/2024/01/23/tech/texas-man-sues-macys-sunglass-hut-facial-recognition/
Quick Glance: Texas Man Sues Macy's and Sunglass Hut Parent Over Facial Recognition Wrongful Arrest
- A Texas man is suing Macy's and the parent company of Sunglass Hut for relying on error-prone facial recognition technology to falsely accuse him of an armed robbery.
- Murphy seeks $10 million for wrongful arrest due to negligent use of facial recognition software.
- The lawsuit claims Essilor Luxottica relied on Macy's facial recognition tools to falsely identify Murphy in low-quality surveillance footage.
- Murphy's lawyers hope to uncover the relationship between Essilor Luxottica and Macy's, the facial recognition vendors Macy's may use, and Macy's guidelines for assessing confidence in facial recognition matches.
Shoplifting gave Macy’s an ‘excuse’ to close its San Francisco store, union says: ‘I think it gives them the excuse to do what they wanted to do for the last few ...
marketwatch.com/story/shoplifting-may-have-given-macys-an-excuse-to-close-iconic-san-francisco-store-union-says-acff49dd
Must Read: Macy's to Close 150 Stores, Law Roach Breaks Down Zendaya's Latest Press Tour Looks
fashionista.com/2024/02/macys-store-closures
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