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Sustainable Fashion: Colombian Hemp Sneakers Now Available At Macy's
Monday, February 21, 2022 - 11:35am | 762By Hernan Panessi, Via El Planteo. "It's a big challenge to position yourself in a market with so much supply," acknowledges Nicolás Vásquez, General Manager of Hemp Textiles y Co., the company behind the Colombian brand Stardog Loungewear, after signing an...
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Tale Of Two Earnings: Nvidia Results Solid All the Way Through, But Macy's Struggles
Thursday, November 19, 2020 - 11:33am | 2274After the year we’ve had on Wall Street, some of us might welcome a little dullness. Maybe that’s starting to emerge as the holidays approach, though virus shutdown fears continue to weigh this morning and could upend things at any time—as we saw with yesterday’s late sell-...
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Nordstrom Rack A Demonstration Of Retail's Perseverance Amid Department Store Chaos
Friday, May 12, 2017 - 10:00am | 524Nordstrom, Inc. (NYSE: JWN) shares were left reeling despite a first quarter that saw a beat on both the top and bottom lines. The department store, often viewed as one of the strongest company’s in a struggling retail environment, fell over 11 percent on Thursday. While comp sales fell 2.8...
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5 Big Changes Coming To Macy's
Wednesday, March 15, 2017 - 2:19pm | 461Troubled department store Macy's Inc (NYSE: M) has a game plan to regain some of the lost traffic and sales from other department stores, off-price retailers and online foes. Macy's president and incoming CEO Jeff Gennette offered a glimpse of what consumers can expect in the future....
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Analyst: Macy's Loss Is Burlington's Gains
Thursday, January 19, 2017 - 1:34pm | 292Macy's Inc (NYSE: M)'s plans to close dozens of stores has been well communicated to investors, but what's less clear is who will scoop up Macy's lost business. According to CNBC, BMO Capital Markets analyst John Morris believes that the little known off-price retailer...
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Six Stocks That Held Their 50-Day Moving Average Last Week
Monday, January 27, 2014 - 12:21pm | 511Last week’s market action pushed many of the stock market giants below their 50-day moving average. Value investors spent the weekend pouring over their watch lists to find those stocks that might represent value, but there’s another way to look at the action. What about the stocks that didn’t...
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10 Interesting Thanksgiving Statistics for 2013
Wednesday, November 27, 2013 - 9:19am | 454In honor of turkey day, we put together a few interesting statistics. According to The History Channel, Thanksgiving was a three-day holiday first celebrated in 1621 in Plymouth. 53 colonists and 90 Wampanoag (native Americans) attended the feast. This year, 43 million Americans will travel...
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Martha Stewart, Macy's, JC Penney Go to Court – the Retail Wars Are On!
Tuesday, February 26, 2013 - 1:33pm | 620It all started with a phone call. As reported by Bloomberg, Macy’s (NYSE: M) CEO, Terry Lundgren testified in court Monday that in December 2011 he received a phone call from Martha Stewart of Martha Stewart Living Omnimedia (NYSE: MSO) who told him about her company’s deal to sell products at...
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Citi Reiterates Buy on Macy's
Thursday, June 2, 2011 - 8:20am | 152Citi is out with its report today on Macy's (NYSE: M), reiterating Buy. In a note to clients, Citi writes, "We hosted very upbeat meetings with management today. Macy's remains in the very early innings with its three key initiatives: 1) My Macy's (3rd/4th inning); 2) omnichannel integration (2nd...