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The Latest Breaking News from Tony Spring

Macy's (NYSE:M) reported a stronger-than-expected first quarter of fiscal 2026, with executives saying the retailer’s “A Bold New Chapter” turnaround strategy is gaining traction across its Macy’s, Bloomingdale’s and Bluemercury banners. Chairman and CEO Tony Spring said the company delivered “ente

MarketBeat

Macy’s beats expectations with fourth consecutive sales gain and raises annual outlook

This latest positive indicator follows a prolonged period of sales decline for Macy's

The Independent UK

An AI overhaul at Macy's is fueling the 168-year-old retailer's turnaround

From a virtual try-on assistant that quintuples spending per session to machine learning tools that forecast demand and train managers, Macy's is deploying AI across its entire business

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Berkshire Hathaway Buys Macy’s After 60 Years Away From Department Stores. M Stock Offers Real Estate, Dividends, and an Interesting Twist.

Berkshire Hathaway’s unexpected return to the department store sector with a new stake in Macy’s suggests it may see overlooked value in the retailer.

Barchart

Macy’s store changes pay off as retailer reports strong Q4 results but braces for Iran war woes

Macy's is contending with the same hurdles that have pummeled its rivals and the retailer sector as a whole

The Independent UK

Department stores fight TikTok and Amazon for beauty shoppers

Beauty bars, robot-applied eyelashes and 18th-century VR chateaus: beauty departments of major department store chains have gone all out as social media and e-commerce reshaped the $129bn US beauty market.

Euronews

Department stores try to distinguish themselves as beauty lovers turn to TikTok and Amazon

Competition among retailers for a slice of the $129 billion U.S. beauty and personal care market is fiercer than ever due to the ease of e-commerce and the advice shoppers seek on social media instead of in stores

The Independent UK

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Macy's CEO Warns About 'Choiceful' Customers Creating Holiday Uncertainty

Macy’s Inc (NYSE:M) stock fell Wednesday even as the retailer delivered stronger sales, profit and comparable growth.

Benzinga

Department stores' new playbook: How Macy's, Dillard's, and Nordstrom are getting their groove back

Department stores have a new playbook to win back shoppers from discount stores and Amazon.

Fortune

Can Macy’s win back America? How CEO Tony Spring is moving past denial and embracing change

The venerable department store is betting on fewer, better stores—and a cultural reset—to stage a comeback.

Fortune

Should You Buy the Post-Earnings Pop in Macy’s Stock?

This department store giant popped double digits after upbeat Q2 numbers and higher forecasts. Is this a breakout worth chasing or a bull trap?

Barchart

Macy's Q2 FY2025 Earnings Call Transcript

Macy’s Inc. (NYSE:M) released its second-quarter financial results before Wednesday’s opening bell.

Benzinga

Macy’s latest earnings show the CEO’s turnaround plan is working despite a looming tariff threat

Wall Street thinks it could have been much worse for the beleaguered department store chain.

Fortune

Macy’s employee responsible for a $151 million accounting scandal made one mistake that snowballed into intentional coverup

“This was not theft,” Macy’s chief financial officer confirmed Wednesday.

Fortune

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Fortune

How did a Macy's worker conceal up to $154 million in fake expenses? Experts weigh in

The company has delayed its full third-quarter earnings report until Dec. 11.

The Guardian - US

Macy’s says single employee was responsible for hiding up to $154m in expenses

Largest US department store chain delays release of quarterly earnings report to investigate ‘erroneous accounting entries’

Kiplinger

Macy's Delays Quarterly Report After Employee Hides Millions

Macy's stock is lower Monday after the retailer said it delayed its third-quarter results after finding a major accounting error linked to a single employee. Here's what you need to know.

WEKU

Why Macy's is closing 150 department stores

The new CEO is culling "underproductive" locations, while opening more upscale Bloomingdale's and Bluemercury stores. Here's what's happening with the chain.

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The Guardian - US

Macy’s to shutter 150 stores amid focus on luxury

Department store will close dozens of outlets this year and the rest over a three-year period after issuing muted trading outlook

People

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