Macy’s Must Learn That Bailing Doesn’t Fix The Hole [Forbes]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Forbes
NEW YORK, NEW YORK - DECEMBER 31: People walk outside Macy's Herald Square on December 31, 2020 in... [+]New York City. The pandemic has caused long-term repercussions throughout the tourism and entertainment industries, including temporary and permanent closures of historic and iconic venues, costing the city and businesses billions in revenue. (Photo by Noam Galai/Getty Images)Earlier this week, as part of a previously disclosed 3 year store closure plan, Macy’sannounced it would shutterFaced with multiple years of tepid sales and a brutal contraction in business caused by the pandemic, Macy’s decision to close so many stores might seem sensible. But just likeJC PenneySearsstuck in the mediocre middleremarkabilityThe troubles for the department store sector are hardly new. While it’s convenient to blame AmazonAMZNWMTTGTKSSThere is no question that the accelerated growth of online shopping is changing the role of physical stores, in many cases quite radically. The commercial retail r
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News
- Babies R Us opening in 200 Kohl's stores, including five in Chicagoland [Yahoo! Finance]Yahoo! Finance
- AI washing: A Microsoft VC's warning about dubious, and rising, corporate artificial intelligence claims [CNBC]CNBC
- Macy's, Inc. (NYSE: M) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- National retailers are closing stores. Which Triangle locations will be affected? [Yahoo! Finance]Yahoo! Finance
- These 2 Retail-Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website