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
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
