News

Macy’s and Kohl’s store locations across the nation will soon be going dark, according to Thursday news releases from both companies. Here’s what to know. Macy’s closing over 60 stores.
Macy’s and Bloomingdale’s comps were down 8.7% and 3.9% respectively. Year over year net income nearly halved. All CEO Jeff Gennette could point to were some modest productivity gains.
Shares of Macy's are roughly flat year-to-date following an enormous 76% rally over the last three months, with nearly all of that gain coming since November 9. On the other hand, Kohl's stock is ...
Macy’s and Kohl’s are two major retailers that recently beat earnings per share expectations despite falling sales. Let’s break down the investment opportunities going into the holiday season.
Kohl’s didn't announce plans to close any New York City locations. But Macy's is closing more than a third of its stores in the five boroughs and 10 across New York state, leaving nine NYC ...
Kohl’s has rebuffed those demands, saying its strategy is “producing results.” Wall Street has targeted Macy’s and Kohl’s because the chains have lagged behind other retailers in recent ...
Macy’s, Kohl’s announce nationwide store closures: Here’s where by Laurel Stone and Addy Bink - 01/10/25 6:49 AM ET. by Laurel Stone and Addy Bink - 01/10/25 6:49 AM ET.
Kohl's said in November 2024 it expects 2024 sales to be down 7% to 8%. Overall sales for Macy's declined 2.4% to $4.7 billion, during the third quarter, which ended Nov. 2, 2024. Spitzer is a ...
Macy's and Kohl's are preparing to shut down Bay Area department stores -- and slash jobs -- an ominous indicator that some retailers must navigate a forbidding economic landscape in 2025.
Kohl's and Macy's aren't the only retailers shuttering stores. There's been an uptick in retail store closures nationwide, with over 7,000 store closures in 2024—about a 57% increase from 2023 ...
Macy’s and Kohl’s are closing one store each in Colorado as part of the department store chains’ plans to dump underperforming stores this year. Macy’s released a list Thursday of 66 ...