Macy's, Inc.

HOBOKEN, N.J. (AP) - The scene around him in a vast industrial space looks like Santa's Workshop, but John Piper, the man behind Macy's Thanksgiving Day parade, compares organizing the annual extravaganza to planning a huge holiday meal -...

In this article: Macy's, Thanksgiving, Ronald McDonald, Spider-Man, Inflation, Deflation, and World War II

...focus on local tastes and reduce head office expenses and duplications. So far in 2009, the company has spent $205 million on its restructuring. Macy's said sales fell 3.9 percent to $5.28 billion in the third quarter. Analysts, on...

In this article: Macy's, Thomson Reuters, Bloomingdale's, Kohl's Corp, Nordstrom Inc, New York Stock Exchange, and United States

...period. Excluding costs to consolidate several divisions and roll out the localization plan, Macy's lost 3 cents per share. Macy's reported revenue fell almost 4 percent to $5.28 billion. Sales at stores open at least a year were down...

In this article: Macy's, Revenue, Thomson Reuters, Bloomingdale's, Cincinnati, Wall Street, and NEW YORK

NEW YORK (AP) - Macy's Inc. reports earnings for the third quarter on Wednesday before the stock market opens. The following is a summary of key developments and analyst opinion related to the department store chain during the period.

In this article: Macy's, Thomson Reuters, Tommy Hilfiger, Revenue, Penney, Manhattan, Martha Stewart, Cincinnati, and Herald Square

* Q3 EPS of 13 cts vs Street view of 7 cts * Q3 revenue $446.9 million vs Street view of $414.7 mln * Q3 same-store sales up 12.8 pct * Shares up 8 percent (Adds details on openings, sales projections) By Phil Wahba Chico's FAS Inc...

In this article: Chico's, White House Black Market, Revenue, and Jefferies & Co.

NEW YORK (Reuters) - U.S. department store operator J.C. Penney Co Inc <JCP.N> forecast earnings for the holiday quarter that could surpass Wall Street expectations, and its shares rose 7.2 percent on Friday. Penney also reported a...

In this article: Penney, Macy's Inc, Wall Street, Unemployment, and Thomas Weisel Partners

* Fitch sees 2010 overall retail sales flat or up slightly * Sees personal consumption up 0.3 pct in 2010 * Sees improved liquidity with more cash from operations By Phil Wahba U.S. retailers will get a reprieve in 2010, but are not...

In this article: Fitch, Unemployment, U.S., Kohl's Corp, and Macy's Inc

American shoppers are splitting again: The affluent are finally starting to buy, picking up designer clothes at places like Nordstrom, while those on the lower economic rungs are still scrimping by, heading to Walmart for the basics.

In this article: Walmart, Nordstrom Inc., Unemployment, Bloomingdale's, Saks, Kohl's, Abercrombie & Fitch, J.C. Penney Co., and Macy's Inc

* Q3 EPS of 11 cents vs 11 cents Wall Street view * Q3 sales of $4.18 billion meet Wall Street view * Sees Q4 EPS of 70-85 cts vs Wall Street view 82 cts * Sees FY EPS 93 cts-$1.08; prior view was 75-90 cts * Shares up 6.3 percent...

In this article: Wall Street, Macy's Inc, and Unemployment

Retailers told to take precautions to avoida repeat of last year's trampling death. Bargain hunters like these at a Wal-Mart are expected to crowd into stores on the Friday after Thanksgiving. Wal-Mart Stores Inc. and other retailers are...

In this article: Wal-Mart, Black Friday, Thanksgiving, National Retail Federation, U.S., Unemployment, Best Buy Co. Inc., and Labor Department