Does Coronavirus Mark The End Of The American Department Store? [Forbes]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Forbes
Macy's and its department store counterparts are especially vulnerable now. (Photo by Paul... [+]Hennessy/SOPA Images/LightRocket via Getty Images)The American department store, the retailing format that defined the country for much of the 20Its decline has been steady and progressive but the current coronavirus pandemic has accelerated its potential near-demise in ways that few could have expected this quickly. What might have taken the better part of the decade is now expected to occur perhaps in a matter of months.Which is not to say there will no longer be any department stores in the country. But as recently as the start of the year when there were literally thousands of such stores in the country, by this time next year that count may be down to just a few hundred at best. And even that number may not hold for very long.Today In:Walmart Is Expanding Its Grocery Lead During The Shutdown$20 Billion In Rents Due: Why Collaboration Is The Only Way ForwardWhen shoppers start to ret
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News
- Macy's (NYSE:M) had its "neutral" rating reaffirmed by analysts at The Goldman Sachs Group, Inc..MarketBeat
- Macy's (NYSE:M) had its "cautious" rating reaffirmed by analysts at Evercore ISI.MarketBeat
- Macy's (NYSE:M) had its price target raised by analysts at Morgan Stanley from $20.00 to $21.00. They now have an "equal weight" rating on the stock.MarketBeat
- Macy's Posts Earnings Beat, but Consumers Are ‘Choiceful' Heading Into Holiday [Yahoo! Finance]Yahoo! Finance
- Macy's (NYSE:M) had its "positive" rating reaffirmed by analysts at Morgan Stanley.MarketBeat
M
Earnings
- 12/3/25 - Beat
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Sec Filings
- 12/3/25 - Form 8-K/A
- 12/3/25 - Form 8-K
- 11/5/25 - Form SCHEDULE
- M's page on the SEC website