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Stock impact report

Marylanders changing the way they shop for holiday gifts amid financial strain [CBS News]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: CBS News
"It looks brand new, and it's fashionable. My nephew will love it," said Connie Mack of Perry Hall. Mack said she usually shops at Macy's for the holidays, but she had to make some changes this year to find the perfect gift at the perfect price. "One of my main hardships is the gas and electric bill. It's a struggle to pay that gas and electric bill and water bill, also," Mack said. Mack is among the 41% of people whose financial situation has become worse in 2025, according to a CBS News poll. In the poll, nearly 42% of people said they are buying fewer gifts than in years past. But, at Goodwill, shoppers are able to get more bang for their buck. "I think that really helps the community, knowing we want to give them a great value, great products. Also, a great value where most retailers are raising their prices, we're trying to keep ours low," said John Stoffel, Chief of Retail at Goodwill Industries of the Chesapeake. Stoffel said overall, sales are up 20% across the Show less Read more
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