Macy’s to close 150 nameplate stores; expand off-mall and luxury formatsMacy’s Inc. unveiled a new strategy that includes a much smaller nameplate footprint and a big bet on its luxury and beauty brands. Retail sales cooled in January after strong DecemberU.S. retail sales fell more than expected in January amid cold weather and after robust holiday shopping in December. NRF: January retail sales are ‘great’ start to new year Consumers kept shopping in January. SPECS 2024 program includes 30 educational sessions Excitement is building for Chain Store Age’s annual SPECS Show, March 10-12, at the Gaylord Texan, Grapevine, Tex. Macy’s to close five mall stores, cut 2,350 jobs Macy’s, Inc. is looking to become a “more streamlined” company. Amazon reportedly cuts staff in audiobook/podcast division The latest round of layoffs at Amazon is hitting its Audible audio content organization. Sales rise in December to help fuel solid holiday for retailers Consumer spending inched up in December, helping retailers end the holiday season, which started strong in November, on an upbeat note. Retail sales rebound in November The holiday season got off to a brisk start in November as retail sales rose after falling in October. Total retail sales rise 0.77% in November, according to CNBC/NRF Retail Monitor The holiday shopping season got off to a good start in November. Amazon reportedly pilots Prime grocery subscription Amazon is reportedly testing a service that provides free delivery on grocery orders to Prime members for a monthly fee. First Previous 4 5 6 7 8 Next Last