- Editor's PickNicole Sinclair•yesterday
With store closures picking up—at Macy’s (M) and beyond—there are consistent calls for the end of the shopping mall. PVH, the $9 billion company behind Calvin Klein, Tommy Hilfiger along with Van Heusen, IZOD, and Speedo, gets 60% of its sales from wholesale, including department stores like Macy’s and Nordstrom (JWN) that have been struggling with changing consumer behavior. Chirico added that for his business, store closures could be key to boosting profitability.
- American City Business Journals•2 hours ago
Macy’s Inc. (NYSE: M) plans to add about 50 employees to its current total of 130 workers for the upcoming holiday season at its first ground-up store built in Hawaii at DeBartolo Development’s Ka Makana Alii mixed-use shopping center in Kapolei, the store’s manager confirmed to Pacific Business News. The 103,000-square-foot store, which is 75 percent of the size of the Pearlridge shopping center Macy’s store, is scheduled to open on Thursday and a grand opening is scheduled for Sept. 30. Ray Vandevender, store manager, told PBN that the single-floor store will cater more to local consumers .
Macy's, Inc. (M)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||38.40 x 200|
|Ask||38.61 x 100|
|Day's Range||38.43 - 39.48|
|52wk Range||29.94 - 60.13|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||15.46|
|Avg Vol (3m)||7,488,354|
|Dividend & Yield||1.51 (3.80%)|