Toys R Us launches 451-store revival in Macy's locations ahead of holiday season
Macy's and WHP Global, which owns Toys R Us, made the deal in 2021 but only started opening locations in summer 2022 and accelerated plans to capitalize on the holiday season.
Macy's hiring 41K seasonal workers for the holidays
Macy's announced plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full time.
Macy's cuts full-year forecasts as inflation hits department store spending
The company forecast 2022 net sales of $24.34 billion to $24.58 billion, compared with its previous outlook of $24.46 billion to $24.70 billion.
Toys R Us reopens in 9 states, more locations 'coming soon'
Toys R Us, the beloved children's toy store, is officially back inside Macy's locations in 9 states, with more "coming soon."
Macy's opening four smaller format stores outside malls this fall
The retailer is doubling down on its Market by Macy's and Macy's Backstage store formats with new locations in metro-Atlanta, St. Louis and Chicagoland.
Toys R Us looking to make brick and mortar retail comeback in time for the holidays
Toys R Us flagship stores will be located in Atlanta, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco and San Jose.
More Macy’s stores will permanently close this year
The company, which owns Macy's, Bloomingdale's and Bluemercury, plans to close six Macy's on-mall stores as well as one Bloomingdale’s outlet store.
Macy's reduces store hours amid omicron surge, staffing shortages
For the remainder of January, all Macy's stores will open from 11 a.m. to 8 p.m. local time Monday through Thursday. Friday to Sunday store hours will remain unchanged.
Major retail chains that closed in 2021 due to dwindling profits, spike in thefts
Several retailers, including CVS, Macy's and Walgreens, have announced the closure of locations in various cities, citing a number of factors from changing consumer attitudes and future health needs to issues with spikes in crime.
Toys 'R' Us flagship store to open in New Jersey's American Dream mall
Toys "R" Us will attempt to make another grand return this holiday season with the opening of a new two-story flagship store after shuttering its last two remaining stores in January in a failed relaunch.
Macy's kicks off 95th annual Thanksgiving Day parade
The Macy's Thanksgiving Day parade will feature a total of 15 giant character balloons, 28 floats, 36 novelty and heritage inflatables, more than 800 clowns, 10 marching bands and nine performance groups, a host of musical stars, and the one-and-only Santa Claus.
Macy's says it is working with AlixPartners to review its business structure
Macy's Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business.
Macy's sales surge 36%
Macy's swung to a profit in the third quarter and sales surged 36% as shoppers begin to buy dresses, luggage and other goods that fell to the bottom of the shopping list last year when the pandemic struck.
Black Friday shopping: Here are the retailers dropping early deals
The holiday season, which accounts for about 20% of the retail industry's annual sales, has always been pivotal. This year, though, companies are battling pandemic-related supply-chain disruptions and inflationary pressure on top of a labor shortage.
Jana Partners takes stake in Macy’s, urges e-commerce spinoff
An activist shareholder has taken a stake in Macy’s Inc. and is urging the famed retailer to spin off its fast-growing e-commerce business, according to people familiar with the matter.
Macy's recalls Martha Stewart kitchenware
Macy's initialed a recall for over 26,00 units of the Martha Stewart Collection Oil & Vinegar Cruets, which were shipped nationwide.
Macy's Thanksgiving Day Parade is back ... with rules
Macy's Thanksgiving Day Parade welcomes the public back to the streets of Manhattan to watch the world-famous celebration.
Macy’s, Toys'R'Us partner to bring the toy store back into physical locations
Toys"R"Us is making another comeback and this time it will do it with help from Macy’s.
Macy's outlook brightens after bounce-back second quarter
Macy’s swung to a profit in the second quarter on rising sales as newly vaccinated shoppers bought dresses, luggage and other goods.
Walmart, Home Depot earnings, Fed minutes and Tesla top week ahead
Walmart, Tesla, and the Federal Reserve will set the tone for investors in the coming week as the S&P and Dow Jones sit at record highs.