Macy s sales

The bulk of those planned closings—68 stores—were announced after a 2016 holiday season marked by disappointing sales.

The stock price is down over 20% since the announcement. Most.The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a...

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The Menomonee Falls, Wis.-based company posted a same-store sales decline of 2.7% on Thursday, compared with an estimated drop of 1.1%. Its profit amounted to 39 cents a share, 10 cents more than expected.

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Executives would provide no further details on web sales, other than to say the department store chain is working on improving its buy online, pick up in store service.The Cincinnati-based company also is investing in e-commerce and its off-price brand, Backstage.

Macy's Disappointing Results Raise Further Retail Worries

Yet investors were too quick to hit the sell button for the top two U.S. department store companies.

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This will eliminate about 4,000 jobs, on top of 6,200 cuts announced in January.The Retail Sales Associate is responsible for providing a shopping experience that will make the customer feel welcome and.The bleak picture left analysts scrambling to reassess the company and its challenges.

Macy’s and Kohl’s Slow Sales Slump, but Investors

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Analysts had estimated about 35 cents for the period, which ended April 29.

This historic department store giant recently lowed its fiscal 2018 guidance on the back of lower-than-expected holiday sales.The top department store operator has returned to consistent sales growth by making major investments in some of its most promising stores.There are 29 Macys promotional codes for you to consider including 25 sales, and 4 deals.Find every single Macys coupon, promo code, sale, and free shipping offer at Groupon Coupons.

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