US department store chain says worker ‘falsified documentation’
Barington Capital and investment partner Thor urge measures to revive US department store chain’s flagging share price
US retailer delays release of third-quarter results after discovering accounting entries issue spanning past three years
Going private might take a company out of the limelight but the challenges will remain the same
Investors should take a hard look at the core retail business and reset their expectations accordingly
US retailer’s central problem is the products it sells and the environments in which it sells them fail to appeal
Macy’s is right to recognise that express lanes and priority fulfilment are not in the Christmas spirit
A look at the reported LBO offer for Macy’s
Measures of profitability all declined compared to last year
Consumers are on the hunt for deals after hopes for a return to normal are dashed by soaring prices
The mid-market store group may have bucked the shopping slowdown but it has poor earnings growth potential
Retailer predicts growth will slow this year after forecast-beating holiday quarter
The role the department store’s physical footprint plays in driving online sales should not be overlooked
Walmart, Macy’s and Home Depot boosted by stimulus spending and easing of restrictions
Shotgun marriage between credit investors and companies to be tested amid recovery from pandemic
Deal will allow customers of US department store chain to split up online purchases
The retailer had been struggling long before the coronavirus pandemic
US department store chain still faces ‘deep declines’ in footfall in large cities
Amid the retail reckoning, the mall landlord is buying up its tenants
Cuts to administrative and management roles expected to save $365m this financial year
The property-rich retailer has breathing space to ride out the storm
Latest sign that companies are turning to assets to raise much-needed cash
Decisions on which businesses can stay open widens gap between sector’s winners and losers
How the coronavirus outbreak has accelerated the demise of US department stores