Sunday, September 8, 2024

Tag: Macy's Inc

Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again

Illuminated trademark of the American athletic footwear and apparel corporation Nike, Inc. seen on the Nike Store window...

Macy’s proxy fight is over, but the battle for the department store’s future wages on

Shopping bags in front of the Macy's Inc. flagship store in the Herald Square area of New York,...

Macy’s settles proxy fight with activist Arkhouse, adds two directors

Macy's flagship store in Herald Square in New York, Dec. 23, 2021.Scott Mlyn | CNBCDepartment store Macy's on...

Levi Strauss shares surge 18% on raised profit guidance, holiday earnings beat

The Levi Strauss & Co. label is seen on clothes in a store at the Woodbury Common Premium...

Nearly half of Levi’s sales are happening online and in its shops, a shift as department stores fade

Levi Strauss, which has long relied on wholesalers like Macy's and Kohl's to drive its business, is now...

Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs

Canada Goose parkas hang on display at a store in Richmond Hill, Ontario.Chris So | Toronto Star |...

Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens

In a tony suburban enclave in the San Diego foothills, police say, an organized retail crime "queenpin" had...

McDonald’s and other restaurant chains look to the Sun Belt for growth as population soars

A Portillo's Beef Bus in Kissimmee, Florida.Source: Portillo'sWhen Chicago-based Portillo's enters a new market, it sends its "Beef...

Companies — profitable or not — make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty ImagesCorporate America has a message for Wall Street: It's serious about cutting...

New Macy’s CEO Tony Spring looks to revive a 166-year-old retailer fighting for relevance

Tony Spring speaks at an event unveiling the Macy's new women's apparel brand, On 34th, in July. Spring...

Arkhouse has financing in place for a Macy’s take-private, managing partner Kahane says

Arkhouse has the financing in place to take Macy's private at a bid of $5.8 billion, managing partner...

Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce

Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to...