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Facebook posts - Have there been mass store closures under President Biden? Here are the facts.
24 Apr 2024 22:05 GMT
Some social media users are claiming that a number of businesses have reported hundreds of store closures under Joe Biden’s presidency.
An April 19 Facebook post shared a photo of eight retail, fast food, entertainment and grocery stores with their …
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Shoplifting spikes on Long Island as retailers lock up items, pull back self-checkout
20 Apr 2024 18:10 GMT
Shoplifting incidents reported to county police departments on Long Island last year rose nearly 20% as retail experts and law enforcement officials say thieves have become more brazen.
To mitigate the losses, some retailers are locking up everything from …
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SF supervisor says city looking to reimagine Union Square, push to keep Macy's
19 Apr 2024 06:41 GMT
The expected closure of the Macy’s in San Francisco is leaving many to wonder, what’s next for Union Square?
Supervisor Aaron Peskin said there are plans in the works to reimagine the area including a push to possibly keep Macy’s around beyond this year.
“ …
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Macy's set to open New Jersey's first small-format store in Mount Laurel
18 Apr 2024 22:34 GMT
Macy's will cut the ribbon Friday at a new location in Mount Laurel that's only about 20% the size of its typical stores. It's the first of its kind in New Jersey and one of only about a dozen in the United States.
The store in Centerton Square …
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Macy's: A Sell On Rising Credit Card Delinquencies
18 Apr 2024 06:52 GMT
Jason DoiyIntroduction Macy’s, Inc. (NYSE:M) is an American retail company that operates department stores across the entirety of America. As with many department stores in America, the past decade has been tough for Macy’s, with multiple store closures …
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NYC pharmacists and shopkeepers blast sudden explosion of migrants who are flagrantly running illegal street market for stolen goods and prostitution
16 Apr 2024 02:53 GMT
Shopkeepers in New York City have slammed the sudden increase of migrants who are flagrantly running illegal street markets, including flogging stolen goods and prostitution.
Milton Reyes, the manager at Mi Farmacia, whose shop is located along the …
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Inside a closing Macy’s store
15 Apr 2024 14:52 GMT
Macy’s, like other major department stores, has pared down its store footprint over the years. Former CEO Jeff Gennette early last year said the company had closed 170 locations since 2016 and was in the “final stretch” of shuttering stores. But at the …
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Off-price retail is poised to keep taking market share. Why is TJX's stock stuck?
14 Apr 2024 21:43 GMT
Off-price is not going off-trend anytime soon. That might not be clear based on recent trading in TJX Companies' stock. Club holding TJX Companies and rival Ross Stores are well-positioned to keep stealing market share from other retailers, …
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Proxy Fight Concludes, Yet Macy's Future Remains In The Balance: Report
13 Apr 2024 20:00 GMT
Macy’s Inc M CEO Tony Spring faces a race against time to reverse the company’s fortunes.
Two new members will join the CEO on the department store retailer’s board amid its deliberations over whether to back his vision or sell to activist investors, …
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Macy's proxy fight is over, but the battle for the department store's future wages on
13 Apr 2024 12:16 GMT
Shopping bags in front of the Macy's Inc. flagship store in the Herald Square area of New York, US, on Monday, Nov. 13, 2023. US holiday sales will grow at a slower pace this year amid economic headwinds such as higher interest rates, the National …