- Investor's Business Daily•28 minutes ago
The "Amazon effect" is shaping what is perhaps the new normal among retailers as they fight for market share through a beefier online presence.
- Reuters•29 minutes ago
The move underscores the pressing need for the two chains to better monetize their real estate assets at a time when fewer people are visiting malls and instead shopping online for everything from clothes to home decor items. Kohl's said on Thursday it would operate 500 of its nearly 1,150 stores with much lower square footage and would look to lease out the remaining space to other retailers. Macy's, whose flagship locations include Herald Square in Manhattan and Union Square in San Francisco, is also planning to carve out storefront space for high-end retailers and lease or sell that space, Chief Executive Terry Lundgren said on Tuesday.
- TheStreet.com•30 minutes ago
Not everyone in the retail sector is strapped for cash.
M : Summary for Macy's Inc Common Stock - Yahoo Finance
Macy's, Inc. (M)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||32.27 - 33.09|
|52 Week Range||28.55 - 45.50|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||14.77|
|Dividend & Yield||1.51 (4.68%)|
|1y Target Est||N/A|