Macy’s Inc (NYSE:M) and J C Penney Company Inc (OTCMKTS:JCPNQ) To Consider Reinventing Their Business Operations

Macy’s Inc (NYSE:M) and JC Penny are currently facing the same problems. To get to the point of thriving once again, they must consider reinvention instead of just reorganization. Experts think that the two businesses need to address the main issues. Anticipated changes Macy’s and Penny are known for having quite a significant number of […]

Macy’s Inc (NYSE:M) Raises $4.5 billion Including $3.15 Billion I Borrowed Against Its Assets

Macy’s Inc (NYSE:M) reportedly used its real estate assets as collateral to take out a loan worth $3.15 billion, which is part of the $4.5 billion that the company recently just as stores are starting to reopen. The first quarter of 2020 was quite rough on many companies, including Macy’s due to the massive negative […]

Macy’s Inc. (NYSE:M) To Close 125 Stores In The Next Two Years As It Continues To Struggle With Sales

Macy’s Inc. (NYSE:M) has announced that it will close 125 stores in the next there year as well as cut around 2,000 corporate jobs as it shutters its Cincinnati headquarters as well as the San Francisco tech offices. The company will shift all its headquarter roles to New York. Macy’s to shut 125 underperforming stores […]

Macy’s Inc. (NYSE:M) To Close More Locations In 2020 Following Decline In Store Sales

Macy’s Inc. (NYSE:M) will close around 19 of its location in the next few months as the company continues to shutter more stores. Officials have, however, not confirmed the stores they are shuttering. Macy’s to over a dozen stores The company indicated that it continues to review its store portfolio regularly, and it plans to […]

Apple Inc. (NASDAQ:AAPL) Pay To Add Value To Small Businesses

Apple Inc. (NASDAQ:AAPL) has unveiled its plans to start a new brand new mobile payments system called ‘Apply Pay’. Apple’s entry into payments system is hailed as a brand new day for business owners. Once it becomes available, swiping credit card may, in coming days, may soon become obsolete. Popular credit-card companies, including MasterCard Inc […]

Is eBay Inc (NASDAQ:EBAY)‘s Change Of Heart Good or Bad?

Boston, MA 10/06/2014 (wallstreetpr) – eBay Inc (NASDAQ:EBAY), which was pretty confident about the strong combination of PayPal and the company till recently has changed its tone abruptly. Time and again, eBay’s CEO, John Donahoe, had rebuffed the suggestions of spinning off PayPal from eBay. Now the company has suddenly accepted the same vision, which will […]

Wal-Mart Stores, Inc. (NYSE:WMT) Rejects Apple Pay For A Friendlier Service

Boston, MA 09/15/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) may be struggling with declining sales and shrinking profits, but the retailer would not simply jump on any service that appears to offer hopes for better sales. The company said it would not implement the newly launched mobile payment platform known as Apple Pay. Instead, it […]

Macy’s, Inc. (NYSE:M) Tests Same-Day Shipping, Bad News For Amazon (AMZN)?

Dallas, Texas 09/09/2014 (ustradevoice) – Macy’s, Inc. (NYSE:M) is testing same-day shipping service. Analysts believe the move is ambitious and could usher in great benefits for the retailer. However, Inc. (NASDAQ:AMZN) and Google Inc (NASDAQ:GOOG) may be on the receiving end as they are also expanding their same-day shipping service. Macy’s plunge into same-day […]

Judge Rules J.C.Penney Company, Inc. (NYSE:JCP) Interfered with Macy Stewart Deal

Boston, MA 06/18/2014 (wallstreetpr) – J.C.Penney Company, Inc. (NYSE:JCP) has been accused of unlawfully interfering with a merchandising agreement between Macy’s and Martha Stewart Living Omnimedia, according to a ruling by a New York Judge. The ruling marks the end of a penultimate dispute that has been running for two and half years. Macy’s Fails to […]

J.C. Penney Company, Inc. (NYSE:JCP) Disappointed WithVedict Involving Macy’s Inc (NYSE:M)

Boston, MA 06/17/2014 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) suffered a setback on Monday after a New York judge passed verdict against the retailer in Macy’s, Inc. (NYSE:M) and Martha Stewart Living case. Resultantly, shares of the retailer entered red in after hours trading. According to the Judge, J.C. Penney’s contract with Martha Stewart […]

Macy’s, Inc. (NYSE:M) Earmarks $1.5 Billion In Shares Buyback Program

Boston, MA 05/29/2014 (wallstreetpr) – Macy’s, Inc. (NYSE:M) recently posted 1Q2014 financial results that fell short of Wall Street expectations. However, the management remains upbeat about the future and expects 2Q2014 and the balance of 2014 turn positive results. As if to drive home the confidence in Macy’s future prospects, the board approved a big […]

Macy’s, Inc. (NYSE:M) Sales Picking Up

Boston, MA 05/19/2014 (wallstreetpr) –  Macy’s, Inc. (NYSE:M) posted 1.6% lower revenue for the first quarter of FY2014, but it posted a 9% earning during the same quarter. First-quarterFY2014 results Macy’s posted a 1.6% reduction in revenue for the 1Q2014. This was surprising. The quarterly result was also 3% shorter than the average analyst revenue […]

Will Macy’s, Inc. (NYSE:M) 1Q Earnings Top Street Expectations?

Boston, MA 05/13/2014 (wallstreetpr) – One of the biggest chain of retail store operator, Macy’s, Inc. (NYSE:M) is scheduled to announce their financial results for the first quarter on May 14 before the market opens. The company will also be holding a Webcast call on the same day. Will the company’s earnings come in above the […]