Macy's, Inc. News
Five Below Stock Slides As Retailer Echoes Target Margin Warning After Muted Sales Outlook
"The consumer continues to face a lot of hurdles, most recently being the formula shortage, which for families, it's got to be something that's front and center on their mind," said CEO Joel Anderson.
Target Stock Slips After Retailer Boosts Dividend Despite Margin Concerns
Just days after trimming its near-term margin forecast, Target said it will boost its quarterly dividend by 20%.
Walmart, Amazon, Home Depot Stock Slump As Target Signals Big Summer Discounts For Overstocked Retailers
Retailers are sitting on some of the highest levels of inventory in two years, while consumers are getting lashed by surging inflation. That could mean big summer discounts for cash-strapped shoppers.
Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Memorial Day Deals To Shop Right Now
Walmart and Macy's are running massive Memorial Day sales, with savings on appliances, furniture, electronics, and more.
Donald Trump Media SPAC Digital World Acquisition Gets Subpoenas Linked To Grand Jury Probe
"These subpoenas ... could materially delay, materially impede, or prevent" DWAC's planned merger with Trump Media & Technology Group.
General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division
"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.
Barstool's Portnoy Takes a Surprising Stand on a Key Political Issue
The outspoken Republican with a platform voices his opinion on the state of democracy moving to the right.
McDonald's Brings Back a Classic Menu Item (with a Catch)
You never know what the fast-food chain might bring back or create a new version of.