macy’s


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Macy's CEO Jeff Gennette (Getty Images)

Macy’s to open smaller stores, bigger fulfillment centers

Who ever said bigger is better? Macy’s has unveiled a plan to open smaller, off-mall stores and fulfillment centers,...

Macy’s to open smaller stores, bigger fulfillment centers
Daniel Kretinsky (Getty)

Czech billionaire cashes Macy’s shares after less than a month

Daniel Kretinsky was in it for a good time not a long time. After the Czech billionaire’s firm purchased...

Czech billionaire cashes Macy’s shares after less than a month
Macy's CEO Jeff Gennette (Getty)

Macy’s CEO says sales are down 50%, less than expected, as stores reopen

As Macy’s reopens its stores, sales are down 50 percent — better than the retailer’s grim expectations of an...

Macy’s CEO says sales are down 50%, less than expected, as stores reopen
Daniel Kretinsky and Macy's superstore in Manhattan (Credit: Kretinsky via JOEL SAGET/AFP via Getty Images; Macy's via Roy Rochlin/Getty Images)

“Czech sphinx” makes big bet on Macy’s

Czech billionaire Daniel Kretinsky has acquired a 5-percent stake in Macy’s, with plans to work with management to turn...

“Czech sphinx” makes big bet on Macy’s
Macy’s prepares to unlock the doors

Macy’s prepares to unlock the doors

In the latest sign of a post-coronavirus retail world, Macy’s will reopen all its 775 locations by the end of June. The company will begin on Monday with 68 stores in Georgia, South Carolina,...

Macy’s prepares to unlock the doors
A Nordstrom store (Credit: Getty Images)

The worst stocks you can buy? Retail. And for many, it isn’t getting better.

The first half of 2019 was gruesome for traditional retailers. And if the first few days of July are...

The worst stocks you can buy? Retail. And for many, it isn’t getting better.
Chicago Cheat Sheet: R. Kelly moves out of disputed warehouse studio … & more

Chicago Cheat Sheet: R. Kelly moves out of disputed warehouse studio … & more

R. Kelly leaves Near West Side warehouse studio at center of court fight R. Kelly, who faces far bigger...

Chicago Cheat Sheet: R. Kelly moves out of disputed warehouse studio … & more
GW, Angelo Gordon secure $42M loan for 2 former Macy’s stores

GW, Angelo Gordon secure $42M loan for 2 former Macy’s stores

GW Properties and Angelo Gordon & Company secured $42 million in financing to acquire and repurpose two Macy’s stores...

GW, Angelo Gordon secure $42M loan for 2 former Macy’s stores
GW Properties, Angelo Gordon buy 2 Macy’s stores; will be repurposed

GW Properties, Angelo Gordon buy 2 Macy’s stores; will be repurposed

GW Properties and Angelo Gordon & Company paid $26 million for two Macy’s furniture stores near suburban malls, continuing...

GW Properties, Angelo Gordon buy 2 Macy’s stores; will be repurposed
Journey’s End secures construction loan for South Loop condos

Journey’s End secures construction loan for South Loop condos

Journey’s End Development has secured a construction loan for its planned 39-unit condominium building in the South Loop, a...

Journey’s End secures construction loan for South Loop condos
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