Macy's recent financial report shows a glimmer of hope for the struggling department store. Despite a tough retail environment, the company managed to post a surprise profit for the third quarter. This success comes as a result of a major overhaul led by the new CEO, Tony Spring. The company's comp
Macy's has been on a roll, beating sales predictions for the third quarter in a row. This is the best growth they've seen in over three years. The company is feeling confident and has even raised its full-year sales and earnings outlook. They now expect to make between $2 and $2. 20 per share, up fr
This year’s Macy’s Thanksgiving Day Parade made a big splash on TV. It got more viewers than ever before on NBC and Peacock, with 34. 3 million people tuning in. That’s a big jump from last year, with 2. 5 million more people watching. The parade started at 8:30 a. m. ET on NBC and pulled in 25. 4
The Macy’s Thanksgiving Day Parade is turning 99, and it’s getting a fresh look. This year, say goodbye to Popeye and Olive Oyl, who have taken a backseat to newer, more trendy characters. Down Central Park West, spectators will see a giant Labubu and the Demogorgon floating by. Labubu is a popular
The Macy’s Thanksgiving Day Parade is back, bringing joy and excitement to millions. This year, the parade will feature a mix of new and classic elements, including giant balloons, floats, and performances from popular stars. The event will take place on November 27, starting at 9:30 a. m. Central T
Investors are keeping a close eye on Macy's. The retail giant recently shared its fourth-quarter earnings, which were a mix of good and bad news. The company's total sales dropped by 4% compared to the same period last year. This drop was partly due to an extra selling week in the previous year, whi
Some big news for shoppers in South Florida: a few Macy’s stores and Furniture Galleries are packing up and saying goodbye. Macy’s recently announced their plan to close around 150 stores across the country that aren’t performing well. In South Florida, this means a handful of stores are on the chop
Macy's, a familiar department store, is making a bold move. They're clicking the "close" button on 66 of their stores, but this isn't a sign of trouble. Instead, it's part of a plan they shared last year. The company is choosing to pour their resources into 350 other stores spread across the country
Macy’s might be in a pickle, but some investors think there's gold in them thar hills – or rather, in their real estate. Activist investment firm Barington Capital and private equity firm Thor Equities have a wild idea: shut down Macy's shops and sell everything off, including their prized real esta
Every Thanksgiving, celebrities join in the festivities, and 2024 was no different. Despite the rain in New York City, fans braved the weather for the Macy’s Thanksgiving Day Parade. Stars like Chlöe Bailey, Coco Jones, and T-Pain waved from colorful floats, spreading joy and energy. Meanwhile, ove
