Macy's, Inc. (M)
17.14 -0.11 (-0.64%)
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- Yahoo Finance
Mattress sales are on fire: Tempur Sealy CEO
Tempur Sealy CEO Scott Thompson said on Yahoo Finance Live that mattress sales are red-hot as people spend their stimulus checks and build out there new homes.
- Motley Fool
Macy's Hits Union Obstruction as It Aims to Keep Pace With Amazon
Amazon (NASDAQ: AMZN) continues to utilize its technology to gain more and more share of retail sales. Other companies are trying to keep up, but iconic retailer Macy's (NYSE: M) plan to improve its competitiveness has run into some employee opposition. Three years ago, Macy's rolled out a new mobile checkout option to improve the customer experience by speeding up sales checkouts in its stores.
- Motley Fool
1 Retail Stock to Avoid No Matter What
Although the bar was set low, the 9.8% year-over-year jump in retail spending in the U.S. says people are willing and able to shop again. There are some exceptions, however, with the most prolific of them being iconic department store chain Macy's (NYSE: M). The St. Louis Federal Reserve (which tracks and reports such data) says spending at department stores in the U.S. peaked at $232 billion in 2020 and has steadily declined to 2019's pre-COVID tally of $134 billion.
