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2. As their customers age, department stores chase younger shoppers

   www.aol.com/news/customers-age-department-stores...

   Despite efforts to jolt sales, the company’s forecast is muted: Macy’s expects full-year net sales to range between $22.2 billion and $22.9 billion, down from $23.09 billion in the prior year.

3. Macy's and Target boosted by beauty sales as consumers ... - AOL

   www.aol.com/finance/macys-target-boosted-beauty...

   In Macy’s and Target’s recent ... Macy’s net sales dropped 7.9% in the third quarter, while same-store sales dropped 6.7%. ... Shoppers flock to affordable, feel-good items.

4. Macy's tops expectations for the first quarter as ... - AOL

   www.aol.com/news/macys-tops-expectations-first...

   Macy's sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Macy's, which also operates upscale Bloomingdale's and ...

5. Macy's puts up strong third quarter numbers, raises profit ...

   www.aol.com/news/macys-puts-strong-third-quarter...

   Macy's same-store sales declined 7.6%, while Bloomingdale's same-store sales fell 3.2%. Overall sales fell 7% to $4.86 billion, with sales at traditional stores and online sales both down 7%.

6. Macy's earnings beat estimates, but execs send warning ... - AOL

   www.aol.com/finance/macys-earnings-beat...

   Macy’s also announced Tuesday it would open four new store locations this fall with smaller footprints. Macy's Herald Square store is shown on August 21, 2023 in New York City. (Eduardo Munoz ...

7. Macy's had to discount spring goods to entice cautious ... - AOL

   www.aol.com/news/macys-swings-loss-posts-sales...

   Macy’s heavily discounted its spring goods to make room for fall and holiday merchandise in the face of customers' cautious spending, but the retailer's adjusted second-quarter profits and sales ...

8. Retail earnings show rampant discounting — and holiday ...

   www.aol.com/finance/retail-earnings-show-rampant...

   Subscriptions; Animals. Business. Elections. ... Macy’s started offering shoppers discounts and kept it up, ... People shop during a Black Friday sales event at Macy's department store in ...

9. Macy's slashes expectations for the year after a pullback by ...

   www.aol.com/news/macys-slashes-expectations...

   June 1, 2023 at 7:47 AM. NEW YORK (AP) — Macy's slashed its outlook for the entire year as sales weakened in the first quarter during an increasingly challenging economic environment, including ...