Oakland Mall reinvests empty space to bring entertainment, support organizations [CBS News]
Macy's Inc (M)
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Source: CBS News
Oakland Mall in Troy, Michigan, is one that took a hit with many department stores, including Macy's, parting ways with their storefronts. What once were clothing racks at Macy's now showcase local art. And the fitting room, now the main stage to the future of the mall. "Malls are going to fail, but the difference between my mall and their mall is that we are located on the best land in Metro Detroit," said Oakland Mall owner Mario Kiezi. Earlier this year, Macy's closed after being in the mall for over 50 years. According to Macy's Inc, the company had to reinvent its storefront with many consumers doing their shopping online, like many businesses. Many malls have been impacted by the shift created by online shopping, but Kiezi says his vision is bigger than filling shopping bags by focusing on community and small businesses. "We are creating an event that is for the people by the people, and we wanted to bring everyone together through shared purpose," said Jimmy Nguyen
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News
- Can Macy's Rally of Over 50% in 2025 Still Be Justified by Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Can Macy's Save the American Department Store? [Yahoo! Finance]Yahoo! Finance
- Macy's (NYSE:M) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=M&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from a "buyMarketBeat
- Macy's (NYSE:M) was given a new $27.00 price target on by analysts at Jefferies Financial Group Inc..MarketBeat
- 166-year-old retailer makes quiet comeback amid store closures [Yahoo! Finance]Yahoo! Finance
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Earnings
- 12/3/25 - Beat
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- 12/11/25 - Form 4
- 12/10/25 - Form 10-Q
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