31.72 -0.12 (-0.38%)
Pre-Market: 7:43AM EDT
|Bid||31.55 x 800|
|Ask||31.99 x 4000|
|Day's Range||31.64 - 33.60|
|52 Week Range||17.41 - 41.99|
|Beta (3Y Monthly)||0.09|
|PE Ratio (TTM)||5.92|
|Earnings Date||Nov 14, 2018|
|Forward Dividend & Yield||1.51 (4.52%)|
|1y Target Est||36.00|
Critics underestimate the strength of Macy's balance sheet and are wrong about the likely impact of rising interest rates on the company.
Macy’s offers virtual reality experience in approximately 70 stores nationwide and plans to open 20 more by January 2019
The downfall of Sears may bring a hearty influx of customers to Best Buy and boost its bottom line, according to Loop Capital.
Dillard's (DDS) soft cash flows are resulting in lesser share buybacks, which has been denting profitability. However, its growth strategies are encouraging.
Macy’s, Inc. (NYSE:M) today announced the appointment of David Abney, chairman and chief executive officer of United Parcel Service, Inc., to its board of directors, effective October 25, 2018. Abney has held the roles of chairman and chief executive officer of UPS, Inc. since 2016 and 2014, respectively. “David is a strong leader who understands what we need to win in this dynamic, competitive retail environment.
J.C. Penney has a store within a quarter mile of roughly 47 percent of Sears' locations, Gordon Haskett analyst Chuck Grom said in a note to clients. The department store is among those that can benefit from Sears' struggles.
Can New CEO Bring JCPenney Back on Track? JCPenney’s (JCP) net sales declined 7.5% in the second quarter of fiscal 2018, which ended on August 4, causing a 6.0% fall in the net sales for the first half of fiscal 2018. JCPenney’s same-store sales increased 0.3% in the second quarter and 0.2% in the first half of fiscal 2018.
JCPenney (JCP) stock has risen 12.8% since the company announced the appointment of Jill Soltau as its new CEO on October 2. Investors welcomed the news of a new CEO who has about three decades of solid experience in the retail industry, which has included positions in companies like Shopko Stores, Sears (SHLD), and Kohl’s (KSS). Most recently, Jill Soltau was president and CEO of Jo-Ann Stores.
American Eagle (AEO) to hire roughly 22,000 part-time associates for its AE and Aerie brands to make this year's holiday season a grand success.
Major indexes fell on October 10 due to investors’ fears about rising rates. The S&P 500 (SPY) fell 3.3%, while the Dow Jones fell 3.2% on October 10. However, JCPenney (JCP) stock rose 6.6% on October 10 due to news about the company extending its agreement with Synchrony Financial (SYF) regarding a marketing and servicing alliance for JCPenney’s credit card program. The amended agreement between the two companies extends the term of JCPenney’s credit card program until January 2027.
This November, four of Santa’s most helpful elves will take flight down the streets of New York City as new balloons in the 92nd Annual Macy’s Thanksgiving Day Parade®. On Thursday, Nov. 22, Fleck, Bjorn, Jojo and Hugg, stars of the upcoming Netflix film, “The Christmas Chronicles” will debut in the annual holiday spectacle helping to kick-off the holiday season for more than 3.5 million spectators lining the streets of Manhattan and more than 50 million television viewers nationwide. “The Macy’s Parade team is thrilled to welcome Fleck, Bjorn, Jojo and Hugg, stars of Netflix’s ‘The Christmas Chronicles’ to the high flying stage of the 2018 Macy’s Thanksgiving Day Parade,” said Jordan Dabby, vice president, partnership marketing for Macy’s Thanksgiving Day Parade.
Sears is reportedly nearing a bankruptcy filing. Yahoo Finance looks at the numbers that show how the once-storied retailer ended up here.
The online retail giant is raising its minimum wage in the U.S. to a level far beyond what most retailers pay their front-line workers.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...
Amid a competitive retail scenario, Macy's (M) has taken several strategic initiatives to adapt to the ongoing changes in the industry.
Holiday retail sales this November and December — excluding automobiles, gasoline and restaurants — are expected to reach up to $720.9 billion, according to the National Retail Federation, an industry trade group. This year's forecast by the NRF isn't predicting as much growth as last year, when holiday sales climbed 5.3 percent. Holiday retail sales in November and December — excluding automobiles, gasoline and restaurants — are expected to increase between 4.3 and 4.8 percent this year, reaching up to $720.9 billion, according to the National Retail Federation.
Jill Soltau, the former CEO of Joann Stores, will take the helm of the department store chain, effective Oct. 15, JC Penney said on Tuesday.
Trump's wealth is reportedly dwindling even as the president has taken steps to boost his revenue while in office, according to Forbes.
Though holiday deals seem to be creeping earlier ahead of Black Friday — turning the entire week into a shopping extravaganza — many retailers are staying closed on Thanksgiving to let workers spend the day with their families.
The labor market is tighter than ever. U.S. unemployment is at a record low of 3.9 percent, and companies are under pressure to raise wages, making it more difficult and expensive to keep talent, according to a new report.
NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...