Latest Macy's Inc News

Georgia mall featured in 'Stranger Things' to go up for sale

Oct. 10, 2019 12:04 PM EDT

DULUTH, Ga. (AP) — Most of the Georgia mall heavily featured in the latest season of Netflix's "Stranger Things" is going up for sale. News outlets report Moonbeam Capital Partners is ready to sell its portion of the long-struggling Gwinnett Place Mall, which has been so empty that a body went unnoticed...

'They're on,' Trump says of tariffs set to kick in on Sunday

Aug. 31, 2019 9:49 AM EDT

WASHINGTON (AP) — Expect a direct hit on many U.S. consumers from President Donald Trump's latest round of tariffs on Chinese imports. He had no intention of pulling back on import taxes set to kick in Sunday. "They're on. They're on," the president told reporters Friday before departing for a weekend stay...

Latest Trump tariffs could hit consumers with higher prices

Aug. 31, 2019 2:02 AM EDT

WASHINGTON (AP) — President Donald Trump's latest round of tariffs on Chinese imports is likely to deliver a direct hit on many consumers, who were largely spared from higher prices in his previous rounds of import taxes. Beginning Sunday, the U.S. government will begin collecting 15% tariffs on $112...

Retailers' results show sharp divide between losers, winners

Aug. 21, 2019 4:55 PM EDT

NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better...

Target thrives in intense retail environment

Aug. 21, 2019 8:42 AM EDT

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands. Comparable store sales, which include online sales, rose 3.4 % as customer traffic jumped 2.4%. The measure...