Here’s a look at some of the companies the Yahoo Finance team is watching for you today.
A big beat for Macy’s. The department store chain saw a huge boost in same-store sales and revenue was higher than expected too. They’ve now boosted guidance for the full year as sales climb.
Blue Apron’s stock is trading close to a dollar after posting a big loss last quarter. The meal delivery company is also laying off about 4% of its workforce. It’s been losing customers and seeing revenue drop as supermarkets and other retailers get into the meal kit business.
Ford and Walmart are working together on the future of home delivery. The two companies are partnering with delivery service Postmates to design a delivery program and it could use self-driving vehicles. A pilot will launch soon in Miami with humans behind the wheel but they hope to switch over to automated vehicles in the coming years.
Apple fans have a new way to get their hands on a HomePod. For the first time, Apple is selling refurbished HomePod in its online store. The price there is $299, with a one-year warranty, but you can get a brand new one at other stores for a cheaper price. Best Buy, which is offering a Black Friday deal, will sell it for $250.
Toys ‘R’ Us is a step closer to paying off its creditors. A judge signed off on a plan giving a group of hedge funds control of the brand and they’re backing pop-up stores that will bring Toys ‘R’ Us themed products to places like Kroger supermarkets. Suppliers will only get about 22 cents on every dollar they’re owed.