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Tag Archives: Macy’s

Retailers lead a broad decline in stocks as Macy’s plunges

U.S. stock indexes are falling Wednesday as Macy’s leads a rout in retail stocks. The department store slashed its profit forecast after it reported a steep drop in earnings. Office supply companies Office Depot and Staples are tumbling after a judge blocked their plans to merge. Stocks are coming off their biggest gain in two months. KEEPING SCORE: The Dow ...

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Black Thursday? Kolh's joins retail parade for Thanksgiving openings

Following the lead of rivals Macy’s and J.C. Penney, Kohl’s Department Stores announced it will open its doors at 8 p.m. on Thanksgiving Day, kicking off its Black Friday event earlier than ever, the trade publication Chain Store Age reports. A Jackson retail leasing agent said the expectation is that Belk will join the crowd and swing its doors open ...

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The mild winter: 2012’s economic powerhouse

What has had the biggest influence on business so far in 2012?  One strong contender was the mild winter. The recent weather was given some of the credit for improving the employment situation for January and February in a USA Today report, which said, “The nation’s mild winter has added thousands of jobs this year, boosting crucial businesses such as ...

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