Macy's says it plans to have all of its stores reopened in 6 weeks [MSNBC.com]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: MSNBC.com
Pedestrians pass in front of a Macy's Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020.Gabby Jones | Bloomberg | Getty Imagesloosening lockdown restrictionscoronavirus pandemicA second wave of roughly 50 stores is scheduled to reopen May 11. Macy's, which also owns Bloomingdale's and Bluemercury, said it has been offering curbside pickup at roughly 20 Macy's locations for the past week, in a bid to drive some sales.The 68 Macy's stores set to reopen soonest will be operating on reduced hours, from 11 am to 7 pm. About 25% of these locations are inSimon perty GroupCNBC first reported 49 of Simon's malls and outlet centers are set to reopen as soon as this FridayAll of Macy's stores havebeen shut since March 19Macy's shares were up less than 1% in premarket trading Thursday. The stock has fallen roughly 64% this year. Macy's has a market cap of $1.9 billion.The Wall Street Journal first reported on Macy's reopening strategyVIDEO0:0100:01America will em
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- 7 Ways Saks Global Chose Bankruptcy Over Luxury Retail: Series Finale [Forbes]Forbes
- 168-year-old mall anchor closing more stores [Yahoo! Finance]Yahoo! Finance
- Where $700 Million Saks Global Left On The Table Is Headed, Part 5 [Forbes]Forbes
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