|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||38.29 - 39.22|
|52-week range||17.41 - 41.33|
|PE ratio (TTM)||7.40|
|Earnings date||15 Aug 2018|
|Forward dividend & yield||1.51 (4.15%)|
|1y target est||34.85|
If traditional mall stores are doomed by events like Amazon.com Inc.’s Prime Day, nobody told Macy’s Inc. and Kohl’s Corp. bondholders. Amazon’s server glitches may have also given a fillip to the traditional retailers’ bonds. The strength in debt from traditional retailers this week extends the securities’ gains over the last 12 months.
Coresight Research had forecast sales could reach at minimum $3.4 billion globally, which would set a new record and surpass Amazon's Cyber Monday sales.
The potential of finding a bargain online during Amazon Prime Day is also creating a marketing boost for Amazon's competitors, including eBay, Walmart, and Best Buy.
NEW YORK (AP) — As Amazon gears up for its Prime Day promotion, other big-name retailers like Macy's and eBay are launching deals and sales of their own. But small businesses — including those that don't sell much online — shouldn't sit on the sidelines.
The new 25 percent tariffs in place on American jeans by the European Union and a trade war with China could spell trouble for Levi Strauss & Co. and other iconic American brands.
Macy’s Inc. said hackers obtained names and passwords of online customers and potentially were able to access data including their credit card numbers and expiration dates. The data breach impacted one-half of one-percent of customers who were registered on Macys.com or Bloomingdales.com, spokeswoman Blair Rosenberg said Tuesday. Customer login and password data were taken from websites not related to Macy’s or Bloomingdale’s and were then used to access profiles on those sites, the company said.
Flickr/Mr Hicks Macy's has been hit by a data breach. The department-store chain, which also owns Bloomingdale's, warned shoppers that their personal details and, in some cases, credit-card information, could have been accessed by a third party.
Retailers grabbing share of internet sales and reinventing shopping experiences sent groups of retail stocks to some of the stock market's top industry performances in the first half of the year.
SAVAR, Bangladesh (AP) — Bangladesh tanneries prepping leather for shoes, belts, wallets and purses are dumping toxic chemicals into a river at a new industrial complex more than a year after the government shut them down for poisoning a different river and using child labor.
The only thing more dangerous for America’s malls than a string of apparel-chain bankruptcies is when the trouble hits department stores. Retailers like J.C. Penney Co. and Macy’s Inc. are considered “anchors” that keep malls humming and foot traffic flowing. Now, many landlords are pushing to eliminate or narrow the escape clauses in the wake of mass department-store closings.
The New York Stock Exchange welcomes Macy’s executives one day before they light up the New York skyline during their 42nd July 4th fireworks show.
Cowen and Co. downgraded Nordstrom's shares as same-store sales at the upscale retailer's brick-and-mortar stores decline and its discount division, Nordstrom Rack, faces pressure.
Macy’s Inc., pleased so far with the performance of Bluemercury, is pushing for more. The cosmetics brand, acquired by Macy’s for $210 million in 2015, will open about 55 new stores through 2019 -- maintaining the chain’s pace of expansion. Macy’s “plans to open approximately 25 Bluemercury freestanding stores in 2018.