DepartmentStore
Macy's Raises Profit Outlook, Doubles Dividend
10:50AM 1/05/2012
Macy's is raising its earnings outlook for the fourth quarter and full year due to a strong holiday season and says it will double its quarterly dividend to 20 cents a share. The retailer is also increasing its share repurchase program by $1 billion. The announcements came as the department store operator reported Thursday that a key measure of its December sales rose faster than analysts had expected.
Macy's Iconic Herald Square Flagship to Undergo $400 Million Facelift
11:00AM 11/03/2011
Macy's has set out to create another miracle on 34th Street with a $400 million revamp of its fabled flagship store in New York City. The planned makeover includes a new focus on upscale food with 22 eateries, and an emphasis on technology that reflects Macy's courtship of Generation Y.
What's out: Nordstrom. What's in: Wal-Mart.
4:00PM 11/30/2008
Last month, I walked into a Wal-Mart store for the first time in my life. I'm from San Francisco, a place proud for its efforts to keep big-box stores out of city limits (Target is acceptable, although the nearest one is in South San Francisco, officially a different city). I have always tried to...
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% Gainers
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| 10.50 | +1.10 +11.70% | 3.07M |
% Losers
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