by Mike Duff | Dec 17, 2024 | Featured News, Retail Articles
Coresight Research’s annual year-ahead outlook concludes a substantial proportion of retailers will move toward a unified strategy supporting seamless transitions connecting shopper touch points while leveraging emergent technology in consumer service and...
by Mike Duff | Dec 12, 2024 | Retail Articles
Brigit, a financial company offering an app designed to help lower-income consumers manage money, has released its 2024 Black Friday and Cyber Monday spending report, which identified an increase in spending by paycheck-to-paycheck consumers in the period from Black...
by Mike Duff | Dec 11, 2024 | Retail Articles
Macy’s fell short of analyst expectations for adjusted earnings in its third quarter while posting a revenue beat with its updated First 50 stores reporting comparable sales that surpassed those of the rest of the company. Net income was $28 million, or 10 cents per...
by Mike Duff | Dec 9, 2024 | Featured News, Retail Articles
With investor groups again challenging Macy’s to take the operation in a new direction, the company responded it is willing to engage shareholders, but it is confident in the strategy currently under implementation. The latest investor move comes after Arkhouse...
by Mike Duff | Nov 25, 2024 | Featured News, Retail Articles
Macy’s is providing preliminary third-quarter results while delaying the release of its full financial results for the period as it investigates a former employee’s purported concealing of as much as $154 million in operational expenses starting in the company’s 2021...