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NEWS ABOUT: Macy's

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Trump to 'Dump Trump' Organizer: Stop or I'll Sue

But Angelo Carusone isn't backing down

(Newser) - Lawsuit-happy Donald Trump is threatening to sue again: This time he's upset with Angelo Carusone, the brains behind a petition urging Macy's to "Dump Trump." Trump's attorney sent Carusone a cease and desist letter threatening to sue for "not less than" $25 million... More »

Gunman Kills 2 in Oregon Mall

Cops: Portland suspect shot himself

(Newser) - A man wielding an AR-15 rifle opened fire at a Portland-area mall tonight, and police say three people are dead, including the gunman, reports the AP . Police say the gunman, who has not been identified, killed himself. The man was wearing camouflage and a mask, and according to the Oregonian... More »

465K Sign 'Dump Trump' Plea to Macy's

Petition hits mogul on sexism, birther conspiracy

(Newser) - This time, Donald Trump's not the one saying, "You're fired." As of this morning, some 465,000 people have signed a petition calling on Macy's to rid itself of Trump as a celebrity spokesman. The petition, at signon.org, slams Trump for "sexist behavior"... More »

Macy's Worker Bars Transgender Shopper From Changing Room

Says she was fired over incident

(Newser) - An employee at a Texas Macy's says she was let go after she told a transgender shopper she couldn't use the women's changing area. Natalie Johnson noticed a teen she thought was male shopping for women's clothing. When the customer headed to the women's dressing... More »

Stores Turn Black Friday Into Black Midnight

Target, Macy's kicking off holiday shopping season earlier than ever

(Newser) - This year's Black Friday probably won't be the most lucrative for big American retailers—but for some, it will be the longest. For the first time, Macy's and Target are planning to open their doors and kick off the holiday shopping season at midnight on Thanksgiving night,... More »

Herald Runs Ad Praising NBA Champs: Miami Heat!

Unfortunately, the team lost the NBA finals to the Dallas Mavericks

(Newser) - At least Miami Heat fans have one positive newspaper clipping for the scrapbook. The morning after the Heat lost the NBA finals to the Dallas Mavericks, the Miami Herald mistakenly ran a nearly full-page Macy's ad congratulating the Heat on its "win" and offering championship T-shirts and hats.... More »

Reds' Leake Busted Shoplifting

Six Macy's T-shirts were worth $60, cops say

(Newser) - Cincinnati Reds pitcher Mike Leake will make $425,000 this year, but he was apparently short the $59.95 for six American Rag T-shirts that cops say he lifted at a Macy's today. Leake's arrest report says the 23-year-old removed price tags from the shirts and tried to... More »

Macy's Santa Claus Canned for Naughty Joke

Union Square Santa was legendary in San Francisco, had gig for 20 years

(Newser) - John Toomey has been telling the same mischievous joke to his adult visitors for the 20 years he's been playing Santa Claus at a San Francisco Macy's—but this year, it got him fired. "When I ask the older people who sit on my lap if they've been good... More »

Madonna's Fashion Line 'Underwhelming'

Material Girl line should have been more '80s, says stylist

(Newser) - Madonna’s fashion line, co-designed by her daughter , debuts today—and one celebrity stylist is not impressed. “There are some good pieces but it's a bit one-note,” says Phillip Bloch, who was “underwhelmed” by the Material Girl designs. “I'm surprised Madonna's collection is not more Madonna,... More »

Madonna to Design Teen Fashion Line

Pop star's daughter Lourdes inspires label for Macy's

(Newser) - Madonna will launch a fashion line for kids inspired by her 13-year-old daughter, Lourdes. The pop queen has engineered a fashion deal that will give her a stake in labels like Candie's, Rampage, and Ed Hardy through the acquisition of the firm Iconix by her company MG Icon. This could... More »

Macy's Slashes 7K Jobs

Job cuts, dividend reduction could save retailer $410M

(AP) - Macy's said today it will cut 7,000 jobs, or 4% of its work force, and slash its dividend as it looks to lower expenses. The Cincinnati-based retailer says the reduction includes positions in offices, stores, and other locations. The cuts will include some unfilled jobs. Macy's anticipates the reductions... More »

No Christmas Miracle for Retailers

Even luxury sector sales in free fall

(Newser) - It was a bleak Christmas and promises to be a less than prosperous New Year for retailers with consumers tightening their belts and spending less, reports the Wall Street Journal. Retail sales dropped 5.5% in November and 8% in December, compared with the same months last year. Luxury goods,... More »

Desperate Retailers Offer 24-Hour Shopping

More stores are extending hours to catch last-minute shoppers, night owls

(Newser) - With the holiday shopping season on track to be the worst in decades, more struggling retailers like Toys "R" Us, Macy's, and Wal-Mart are opting to keep their doors open 24 hours the last few days, hoping to entice last-minute shoppers and night-owls, reports the Wall Street Journal. "... More »

Dow Sinks 411 on Bad News

Nasdaq below 1,500 for first time in 5 years

(Newser) - Stocks plunged again today as another wave of poor earning reports soured investor sentiment, the Wall Street Journal reports. Henry Paulson's announcement of yet another new direction for the federal bailout failed to inspire confidence as the Dow closed down 411.30 points at 8,283. The Nasdaq lost 81.... More »

Worried Retailers Call All-Out, and Earlier, Holiday Blitz

Analysts see sales beginning before Thanksgiving in sour economy

(Newser) - Holiday displays already are popping up—and they’re likely to increase in number and urgency as retailers try to spruce up what’s likely to be the worst Christmas shopping season in years, reports Advertising Age. With 5 fewer days than last year because of a late Thanksgiving, retailers... More »

Kickball 'Pirate' Busted With Sword at Macy's

It's just a 'prop,' says not-too-sharp shopper

(Newser) - A knuckle-headed player for a local "Pirates" kickball team was busted at Macy's in Manhattan yesterday for sporting an actual swashbuckler's sword, reports the New York Post. The 29-year-old player told police the sword was a "prop" he was taking to a game—but cops were not amused.... More »

Stocks Fall on Consumer Data

Weekly losses for Dow and S&P

(Newser) - Stocks erased morning gains on poor consumer spending news to wrap up today's session in negative territory. The Dow and the S&P 500 racked up weekly losses of 1.2% and 1.1%, Bloomberg reports. The Dow fell 86.38 today to close at 12,216.08. The Nasdaq... More »

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating... More »

Retailers Await Last-Minute Gift From Shoppers

Procrastinators find big sales, long lines

(Newser) - Last-minute shoppers navigated long lines over the final pre-Christmas weekend, nudging retailers toward the modest growth in sales they’d expected. Deep discounts cut into profits, but retailers like Macy's and Kmart stayed open around the clock to accommodate shoppers, the Wall Street Journal reports. “The procrastinators finally got... More »

Macy's Vows to Revive Chicago Flagship

Expert has three years to revive former Marshall Fields

(Newser) - Macy's is changing course to revive Chicago's former Marshall Field's, a downtown fixture that was struggling when Macy's took over last year and has only done worse since, the Chicago Tribune reports. The solution? A $10-million, three-year plan to draw new shoppers into a 139-year-old institution they may have considered... More »

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