Macy's

Macy’s announced Thursday it is laying off 3,900 corporate jobs, or 3% of its total workforce, in a move to cut costs as its business has been hurt by the coronavirus pandemic.

It was another onslaught of bad news from America’s department store chains this week. And that likely will not be letting up anytime soon.  Luxury chain Neiman Marcus filed for Chapter 11 bankruptcy protection, while Lord & Taylor is reportedly looking to liquidate its stores as soon as they are able to reopen again. Nordstrom said it is permanently closing 16...

Macy’s, Kohl’s and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.

Gap is the latest retailer to dip its toes into the secondhand apparel market, following the lead of Macy’s, Nordstrom and others, in a bid to stay relevant in an industry shaken by changing consumer tastes.

Stuck in a sales slump, Macy’s is shrinking to grow. The department store chain announced Tuesday it plans to shut 125 stores over the next three years and slash about 2,000 corporate jobs, as it closes its Cincinnati headquarters and tech offices in San Francisco. Macy’s said it plans to exit weaker shopping malls, and instead shift its focus toward…

Macy’s announced they will be shuttering 125 stores over the next three years, exiting struggling malls and focusing on building smaller stores in strip centers.

Macy’s is the latest major retailer to announce it will be closing stores, and among more than a dozen stores marked to be shuttered across the United States, two are in New England.

Macy’s said Wednesday it will shutter nearly 30 stores, in an effort to boost its profitability and focus on its most profitable stores. The new wave of closures follows holiday sales that were not quite as bad as some have feared. The news sent Macy’s stock higher. Shares closed up 2.4%. In the fiscal third quarter, Macy’s posted its first same-store sales...

Looking for a way to watch the 93nd annual Macy’s Thanksgiving Day Parade? Look no further. The parade is hosted by Savannah Guthrie, Hoda Kotb and Al Roker.

TODAY anchor Savannah Guthrie is hopeful for a quick recovery after her 2-year-old son hit her in the right eye with a toy last week, causing a tear in her retina and loss of vision. Savannah has been out of work the past two days since a freak incident involving her son, Charley, who was sitting in her lap when...

Heavy snow and wind shut down highways Tuesday in Colorado and Wyoming, closed schools in Nebraska and forced more than 1,000 travelers to sleep overnight in Denver’s airport after hundreds of flights were canceled just as Thanksgiving travel moved into high gear. The storm was heading to South Dakota, Iowa, Michigan, Minnesota and Wisconsin, while a “bomb cyclone” weather phenomenon...

Strong wind gusts up to 40 mph could impact Macy’s Annual Thanksgiving Day Parade.

Strong wind gusts up to 40 mph could impact Macy’s Annual Thanksgiving Day Parade.

If someone asked you when the holiday shopping season starts, you’d likely point to Black Friday, when flocks of people swarm stores after a hearty turkey dinner to pick through the hottest deals. But for more people in 2019, holiday shopping started in July. Why? Amazon. Amazon’s annual Prime Day extravaganza has “become a real part of the changing holiday...

Bill Macy, the character actor whose hangdog expression was a perfect match for his role as husband and long-suffering foil to Bea Arthur’s unyielding feminist on the daring 1970s sitcom “Maude,” has died. He was 97. Macy died Thursday night in Los Angeles, his friend Matt Beckoff said Friday. Further details weren’t immediately available.

A man who caused a panic at a Massachusetts mall when he opened fire at a member of a rival gang has been sentenced to up to six years in prison. Michael Spence was sentenced Tuesday in Norfolk Superior Court, despite trying to withdraw guilty pleas to charges including armed assault to murder he had agreed to last week.

Target said Monday it will be taking its recently revamped loyalty program, called Target Circle, nationwide beginning Oct. 6. CNBC had reported back in February that Target was piloting the program, which includes new perks like a birthday reward, in five markets – including in Charlotte, North Carolina, and in Phoenix. Prior to that, Target Circle was being tested more...

Expect a direct hit on many U.S. consumers from President Donald Trump’s latest round of tariffs on Chinese imports. He had no intention of pulling back on import taxes set to kick in Sunday. “They’re on. They’re on,” the president told reporters Friday before departing for a weekend stay at Camp David. Americans were largely spared from higher prices in...

Amazon’s Prime Day kicks off at midnight on Monday, July 15. In recent years, Amazon’s Prime Day has become one of the most anticipated sales events of the year for online shoppers looking for deals — and, maybe, an excuse to splurge. And, for Amazon, the annual event has become successful enough that the e-commerce giant decided to double-down this...

Here’s 10 flags you might see flying at the WorldPride Parade in New York City this Sunday, with a little background on each courtesy of Pride.com.