macys

Martha Stewart Denies Wrongdoing in J.C. Penney Deal

Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country, despite a preexisting contract to sell some items exclusively at Macy's.

The Best (Not-MLK) Sales This Weekend

Retailers tend to shy away from running big promotions associated with Martin Luther King, Jr. Day. But it's still a long weekend, and people like to use their day off to shop. Here are a few of the weekend's best deals.

U.S. Retail Sales Rose 0.5 Percent in December

U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.

Big Retailers Fined for Pushing Phony Bamboo Fabrics

Macy's, Amazon and Sears have all agreed to fork over hundreds of thousands of dollars each in fines after the Federal Trade Commission busted them for passing off Rayon fabrics as genuine, environmentally friendly bamboo.

Despite Strong December Sales, a Mixed Holiday Season for Retail

The retail industry is reporting some much-needed good news in the form of stronger-than-expected December sales figures. But those numbers seem to have come as a result of desperate last-minute discounting, suggesting reduced profit margins and an increasingly hard-to-please American shopper.

$19,000 Worth of Macy's Watches Stolen in 13 Seconds

A Macy's in Texas was the site of a shocking crime several weeks ago, when three man walked into the Macy's at Firewheel Town Center in Garland. They grabbed displays of watches on the counter breaking the chains and taking off -- with 80 pieces off merchandise.

J.C. Penney New Shops Shine, Rest of Store Sales Tough

J.C. Penney's new shops within stores are doing much better than other parts of its department stores, but it is "way too early to draw conclusions" as the retailer is still rolling out the strategy, Chief Executive Ron Johnson said.

Gas Prices, Cars Push US Retail Sales Up 0.9%

U.S. retail sales rose in August from July because consumers paid higher gas prices and bought more cars and trucks. They were more cautious elsewhere, suggesting the weak economy has made many selective about spending.

Macy's Sues J.C. Penney Over Martha Stewart Deal

Macy's took its legal battle over its agreement to exclusively sell certain Martha Stewart items directly to J.C. Penney on Thursday, accusing the rival department store chain of interfering with its contract with the home goods designer.

Macy's Wins Temporary Block Against Martha Stewart's JCP Deal

Macy's said Friday it had won a preliminary block against Martha Stewart Living Omnimedia selling some of its products at J.C. Penney. Macy's says the JCP deal violates the terms of an exclusive pact it has with the fashion doyenne's company.

'Fashion Star' Goes Instantly From Reality TV to Retail

NBC's design reality show Fashion Star wants viewers to vote -- with their wallets. The day after each episode, the line of that week's winning designer will be on sale at major retailers. Real fashions for real viewers to spend their real paychecks on. Clever -- but will it sell?

Macy's to Martha: JC Penney Deal Is Not a Good Thing

Martha Stewart has a new legal problem to contend with: Macy's, which had an exclusive licensing deal with her namesake company, has filed a lawsuit against Martha Stewart Living Omnimedia for hooking up with J.C. Penney.

Macy's Raises Profit Outlook, Doubles Dividend

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, Target to Start Black Friday at Midnight

Setting a new holiday shopping tradition, Macy's and Target will swing open their doors at midnight on Black Friday for the first time ever, giving shoppers a jump start on door-buster sales while offering an implicit challenge to their fellow retail brethren to follow suit.

Savings Experiment: How to Cut Costs on Cookware

Is the cost of your cookware leaving you with no funds for food? Celebrity chefs endorse expensive lines of kitchen tools, but you don't need to spend hundreds of dollars on equipment to create a delicious meal. We asked the experts which items warrant a splurge, and which are simply overpriced.

Mass Retailers Take a Shine to the Makeup Biz

The beauty business is undergoing a makeover at some of the nation's biggest retailers, as pharmacies and department stores go after shoppers in new and unconventional ways. Sears, CVS, Duane Reade and their cohorts are courting a business that has rebounded well from the recession despite the country's economic malaise.

5 Things To Watch Next Week: Murdoch Mania, Soda Wars and More

Even as investors reel from the stock-market roller coaster this week, Wall Street is moving on, with plenty of news on the way. Next week will bring headlines about retail and gaming earnings, as well as quarterly reports from News Corp., SodaStream and some newly public Chinese firms.

Retailers Post Solid July Sales

July retail sales were solid, with Costco, Macy's, JC Penney, Nordstron and Saks Fifth Avenue all beating expectations. Craig Johnson, president of Customer Growth Partners, the retail consultancy, says we could be having the best back-to-school selling season since 2006.

Retailers Pin Back-to-School Hopes on Exclusive Lines

The nation's big retailers are betting on exclusive lines to ring up back-to-school sales, and also targeting kids and teens where they wile away the hours -- online -- with digital campaigns designed to both entertain and stoke a social-shopping experience tailor-made for the tech-savvy generation.