the low level of retail sales was Macy ' s . They reported disappointing results ..... retail sales generally. [TICKER: M ] Macy ' s in the quarter said that they had ..... about spending in U.S. dollars. Macy ' s still has a plan to jumpstart growth
(Reuters) - Macy ' s Inc forecast a lower second-quarter profit as it marks down merchandise received late due to a strike at West Coast ports and foreign tourists spend less as the dollar stays strong.
* First-qtr comp sales down 0.1 pct vs est 1 pct rise (Adds forecast and graphic, updates share move)
We will make no change to our $58 fair value estimate beyond the time value of money after no-moat-rated Macy ’ s reported first-quarter 2015 results. We applaud the improved operating performance since the recession, and we understand
May 13 (Reuters) - Macy ' s Inc reported a 14 percent drop in quarterly profit, hurt by lower foreign tourist spending in the United States, colder-than-usual weather in February and disruptions at West Coast ports.
popular with younger people. So, you have Saks Off 5 th , Neiman Marcus Last Call, Nordstrom Rack . Now Macy ’ s has jumped in with Macy ’ s Backstage . Data this week: NFIB small-business optimism index on Tuesday; retail sales, import
offerings through U.S. department stores (where Estee maintains significant exposure, with 10% of sales coming from Macy ' s department stores alone) lagged prestige beauty growth. Beyond bringing new products to market, we’re encouraged
investments in online and mobile shopping. Macy ’ s announced that it will close 14 stores ..... restructuring, but add seven more. Macy ’ s is hoping to make $140 million in savings ..... luxury retailers such as Niemen Marcus, Macy ’ s , Bloomingdales, Nordstrom and increasingly
stores as they glide along toward a big anchor like Nordstrom or Macy ’ s . True, many high-end malls are doing quite well , but mid-tier ..... it has embraced specialty retailers like fashion purveyor H& M . Plus, it has strong anchors such as Nordstrom. Simon’s shares
fruition. Stipp: Lastly, [TICKER: M ] Macy ' s reported results indicating their ..... also being executed well. Glaser: Macy ' s had been a turnaround story, and ..... headlines out of this quarter was that Macy ' s is going to spend more in capital