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A look at the reported LBO offer for Macy’s
Measures of profitability all declined compared to last year
Consumers are on the hunt for deals after hopes for a return to normal are dashed by soaring prices
The mid-market store group may have bucked the shopping slowdown but it has poor earnings growth potential
Retailer predicts growth will slow this year after forecast-beating holiday quarter
The role the department store’s physical footprint plays in driving online sales should not be overlooked
Walmart, Macy’s and Home Depot boosted by stimulus spending and easing of restrictions
Shotgun marriage between credit investors and companies to be tested amid recovery from pandemic
Deal will allow customers of US department store chain to split up online purchases
The retailer had been struggling long before the coronavirus pandemic
US department store chain still faces ‘deep declines’ in footfall in large cities
Amid the retail reckoning, the mall landlord is buying up its tenants
Cuts to administrative and management roles expected to save $365m this financial year
The property-rich retailer has breathing space to ride out the storm
Latest sign that companies are turning to assets to raise much-needed cash
Decisions on which businesses can stay open widens gap between sector’s winners and losers
How the coronavirus outbreak has accelerated the demise of US department stores
The bond market is being flooded with junk-rated companies and there’s probably more to come
Retail chains employing 420,000 say store closures will last longer than expected
Analysts predict dozens of nationally-known chains could be headed for insolvency
Number of US companies dropping to junk ratings already close to half last year’s total
Rating agency cites turnround risks while retailer grapples with industry upheaval
Previous attempts to refresh its stores have not arrested the US retailer’s decline
US department store chain will also lay off 2,000 corporate staff and shut Cincinnati HQ
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