Finance & Capital Management

Macy’s sounded a confident note in its preliminary sales and earnings results for the first quarter as COVID-19 restrictions loosen and customers start to return to its stores. 

A new pilot program is designed to help grocery stores offset the upfront costs of natural refrigerant technologies.

Macy's Inc. said it raised a total of $4.5 billion, providing it with sufficient liquidity to fund operations and address business needs as the economy starts to recover from the COVID-19 pandemic.

In its report focusing on 2020’s historic first quarter, JLL observed that retail and real estate were among the industries hardest hit by COVID-19.

Gap Inc. is shutting down a direct-to-consumer men's performance activewear brand it launched in fall 2018.

J.C. Penney Co. has identified the first wave of its store closures.

Target Corp. had pledged $10 million to social justice organizations and also to community rebuilding/recovery efforts in the wake of the death of George Floyd in the company’s hometown of Minneapolis.  

Caleres Inc., whose brands include Famous Footwear, Sam Edelman, Allen Edmonds and more, posted a wider than expected first-quarter loss.