Macy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023
admin Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the…
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Macy’s, Nordstrom lower outlooks as consumer spending expected to slow
Macy’s Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for…
Read MoreThe retail slump could end soon, and there are four ‘turnaround’ stocks JPMorgan says you will want as it does
As department stores and clothing retailers struggle with a difficult economy and changing consumer tastes,…
Read MoreMacy’s will bring Toys ‘R’ Us to every one of its U.S. stores for the holidays
Macy’s Inc. announced early Monday that it will add a Toys “R” Us shop to…
Read MoreKlarna to raise new funds at slashed $6.5 billion valuation
Klarna Bank AB is nearing a deal to raise new money at a valuation of…
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Retailers are trimming holiday hiring plans, and it’s not just because of the economy
With prices high and the labor market still tight, some U.S. retailers are trimming their…
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