Macy's opening up to 30 small-format stores
Macy's is building upon its small-store expansion plans. The company, which has been repositioning its portfolio, will triple the number of small-format locations through 2025.
Target, Amazon lead holiday hiring spree: Here’s the full list
Major retailers already started gearing up for the holiday season by announcing hiring plans. The companies are trying to ensure there is a robust workforce to handle the rush.
Amazon hiring 250,000 workers for 2023 holiday season
As part of this year's holiday hiring blitz, Amazon is seeking to fill 250,000 seasonal workers. Last year, the company only sought to hire 150,000 workers.
Macy's aiming to add nearly 40,000 workers in seasonal roles
Macy’s Inc.'s holiday shopping season efforts will involve bringing on 38,000 people in seasonal roles this year, according to a press release.
Flash mob of thieves use bird call during smash-and-grab at California Macy’s, video shows
Masked suspects were seen on video using a bird call before fleeing with stolen merchandise during a flash mob robbery at a Macy's in Southern California.
Toddler maimed by Macy’s mannequin, lawsuit claims
Macy's is being sued by the father of a boy who the lawsuit claims was injured when a store mannequin that wasn't properly secured fell and struck him in the face.
Macy's CEO Jeff Gennette to retire next year
Tony Spring, the current chairman and CEO of Bloomingdale's, will replace 61-year-old Jeff Gennette as chief executive of Macy's in February of next year.
Macy’s earnings beat Wall Street on less promotion and 'strategic markdowns'
Macy’s beat Wall Street analysts’ predictions for sales and revenue over the fourth quarter and full year 2022.
Macy's shuttering four locations
Macy's will be closing four locations in four states, a Macy's spokesperson confirmed to FOX Business on Thursday. The news was first reported by Axios.
Macy's Thanksgiving Day Parade 2022 to debut new floats and many celebrity appearances
The lineup for the 2022 Macy's Thanksgiving Day Parade has been announced. This year's parade will debut new floats and welcome many celebrities to the parade route.
Toys R Us launches 451-store revival in Macy's locations ahead of holiday season
Macy's and WHP Global, which owns Toys R Us, made the deal in 2021 but only started opening locations in summer 2022 and accelerated plans to capitalize on the holiday season.
Macy's hiring 41K seasonal workers for the holidays
Macy's announced plans to hire 41,000 full and part-time seasonal workers for the upcoming holiday season. Over 10,300 seasonal workers in 2021 joined the company full time.
Macy's cuts full-year forecasts as inflation hits department store spending
The company forecast 2022 net sales of $24.34 billion to $24.58 billion, compared with its previous outlook of $24.46 billion to $24.70 billion.
Toys R Us reopens in 9 states, more locations 'coming soon'
Toys R Us, the beloved children's toy store, is officially back inside Macy's locations in 9 states, with more "coming soon."
Macy's opening four smaller format stores outside malls this fall
The retailer is doubling down on its Market by Macy's and Macy's Backstage store formats with new locations in metro-Atlanta, St. Louis and Chicagoland.
Toys R Us looking to make brick and mortar retail comeback in time for the holidays
Toys R Us flagship stores will be located in Atlanta, Chicago, Honolulu, Houston, Los Angeles, Miami, New York, San Francisco and San Jose.
More Macy’s stores will permanently close this year
The company, which owns Macy's, Bloomingdale's and Bluemercury, plans to close six Macy's on-mall stores as well as one Bloomingdale’s outlet store.
Macy's reduces store hours amid omicron surge, staffing shortages
For the remainder of January, all Macy's stores will open from 11 a.m. to 8 p.m. local time Monday through Thursday. Friday to Sunday store hours will remain unchanged.
Major retail chains that closed in 2021 due to dwindling profits, spike in thefts
Several retailers, including CVS, Macy's and Walgreens, have announced the closure of locations in various cities, citing a number of factors from changing consumer attitudes and future health needs to issues with spikes in crime.
Toys 'R' Us flagship store to open in New Jersey's American Dream mall
Toys "R" Us will attempt to make another grand return this holiday season with the opening of a new two-story flagship store after shuttering its last two remaining stores in January in a failed relaunch.