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The Latest Breaking News from Macy

Investor Group Raises Bid For US Retailer Macy's To $6.6 Bn

An investor group that offered to buy the struggling US department store chain Macy's in December and was turned down said Sunday it has sweetened its bid.

International Business Times

Stock Market Today: Stocks End Mixed After Disappointing Economic Data

The main indexes made muted moves Tuesday as investors took data that showed a big drop in durable goods and consumer confidence.

Kiplinger

Why Macy's is closing 150 department stores

The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.

WEKU

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Macy’s to shutter 150 stores amid focus on luxury

Department store will close dozens of outlets this year and the rest over a three-year period after issuing muted trading outlook

The Guardian - US

Struggling US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close almost a third of its eponymous locations by 2026 while building up its upscale Bloomingdale's and Bluemercury brands.

International Business Times

Wall Street Remains Cautious As Corporate Earnings And Inflation Data Loom

Stay updated on Wall Street's stability amid earnings reports and inflation data. Macy's and Lowe's performance highlights the market's cautious optimism.

Top News

US Retailer Macy's To Close 150 Stores

The iconic but struggling US department store Macy's announced plans on Tuesday to close around 150 locations by 2026, while concentrating investments in its more upscale Bloomingdale's and Bluemercury brands.

International Business Times

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Martha Stewart made timeless furniture accessible – these 6 pieces are discounted for Presidents' Day

From accent chairs to retro rattan tables, Martha designed these pieces to transcend trends – and our top picks are more obtainable than ever

Homes & Gardens

Second illegal immigrant accused of attacking police arrested for robbery

In this informative article, we share details about the arrest of an illegal immigrant accused of attacking NYPD officers near Times Square, who has now be...

Top News

“I Need Police Here”: Karen Throws A Fit Over Homeless Man Buying Food, Gets Taught A Lesson

A woman handed a homeless man $4 and was almost immediately berated by a “Karen” who insisted that this was “enabling” his lifestyle. The post “I Need Police Here”: Karen Throws A Fit Over Homeless Man Buying Food, Gets Taught A Lesson first appeared on Bored Panda.

Bored Panda

Can you ski in Flagstaff then get back to the WM Phoenix Open all in one day? We tried (perhaps foolishly)

Many watch the WM Phoenix Open and think Arizona is wall-to-wall saguaros and oppressive heat. It's not.

USA Today Sports Media Group

Man Sues Sunglass Hut After Faulty AI Facial Recognition Tech Led to Wrongful Arrest

Harvey Murphy was wrongfully arrested for robbing a Sunglasses Hut after facial recognition tech identified him as the robber. The 61-year-old says he was brutally sexually assaulted in jail.

Reason

Facial recognition used after Sunglass Hut robbery led to man’s wrongful jailing, says suit

Harvey Eugene Murphy Jr’s lawsuit claims he was misidentified as culprit of armed robbery and put in jail, where he says he was raped

The Guardian - US

As legal challenges mount, some companies retool diversity and inclusion programs

Conservative advocates have filed a growing number of legal challenges, encouraged by the Supreme Court’s June ruling ending affirmative action in college admissions

The Independent UK

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Top News

Ring in 2024 with Open Stores and Closed Chains

Kick off the new year with some shopping! Check out our guide to which stores are open and closed on New Year's Day in the US. Happy shopping!

The Guardian - US

Landfills and liquidation sales: what happens to the purchases you return?

This year, US consumers returned 20% of the items they ordered online, and the waste and environmental cost is high

Top News

Return fees on the rise for retailers amid high returns

Say goodbye to free returns! As retailers start charging fees, navigating the world of returns becomes trickier. Find out why and explore new trends in thi...

The Guardian - UK

The big picture: Weegee captures lift off for Father Christmas

Photographer Arthur Fellig, AKA Weegee, witnesses one of the last outings for a 45ft inflatable Santa, the headline act in the 1940 Macy’s Thanksgiving parade

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Barchart

Stocks Climb as Strength in Chip Stocks Leads the Broader Market Higher

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.85%. Stocks on Monday posted moderate gains, with the S&P...

Kiplinger

Stock Market Today: Merger Monday Helps Give Markets a Lift

M&A news gives equities a boost ahead of some key economic events.

Barchart

Stocks Push Higher on Strength in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are modestly higher, with the Dow...

Barchart

Markets Today: Stocks Mixed Ahead of U.S. CPI Report Tuesday and FOMC Meeting

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.11%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.3%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is down -0.26%. Stock index futures this morning are mixed...

Barchart

Markets Today: Stocks Slightly Lower Ahead of U.S. CPI Report Tuesday and FOMC Meeting

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.10%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.18%. Stock index futures this morning are modestly lower on position squaring ahead of Tuesday’s U.S. consumer price report and the results of the Tue/Wed FOMC meeting. U.S....

The Guardian - UK

Macy’s offered $5.8bn buyout that could take it off stock market

US department store chain that also owns Bloomingdale’s reportedly received approach from two existing investors

The Independent UK

Macy’s security guard killed in Philadelphia store stabbing

Police say that fatal confrontation took place after man tried to steal hats in Center City

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