Macy’s Inc warned on Tuesday its business was not likely to return to normal until late next year, even as it saw better-than-expected sales from stores reopening after lockdowns were lifted across the United States.
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1034 published items with the word (s) or phrase Macy’s in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Macy's says return to normal business at least a year away")
Macy's says return to normal business at least a year away -
![]( "Macy's raises $4.5 billion to shore up funds as stores reopen, shares surge")
Macy's raises $4.5 billion to shore up funds as stores reopen, shares surgeMacy’s said on Monday it raised a total of $4.5 billion, including $3.15 billion in new borrowings against its real estate assets, as the retailer tries to navigate through the fallout from the Covid-19 pandemic.
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![]( "Macy's announces $1 billion bond offering to repay credit facility")
Macy's announces $1 billion bond offering to repay credit facilityMacy's Inc said on Tuesday it planned to raise $1.1 billion (£893.36 million) in a bond offering, backed by a first mortgage on some of its properties, to repay funds borrowed under a revolving credit facility.
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![]( "Macy's to be 'smaller company' as loss to hit $1 billion in quarter amid lockdowns")
Macy's to be 'smaller company' as loss to hit $1 billion in quarter amid lockdownsMacy’s Inc said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, having shut stores due to lockdowns aimed at curbing the spread of the new coronavirus.
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![]( "Macy’s, Nordstrom and Caleres begin store reopenings")
Macy’s, Nordstrom and Caleres begin store reopeningsWith coronavirus-related restrictions slowly being lifted in a number of states, companies including Macy’s, Nordstrom, Caleres and Ulta have joined the list of U.S. retailers slowly reopening their stores.
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![]( "Lord & Taylor to liquidate its stores as soon as they reopen")
Lord & Taylor to liquidate its stores as soon as they reopenLord & Taylor plans to liquidate inventory in its 38 department stores once restrictions to curb the spread of coronavirus are lifted, people familiar with the matter said on Tuesday.
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![]( "Chico's FAS names Molly Langenstein as CEO")
Chico's FAS names Molly Langenstein as CEOLangenstein has served as president of the company's two largest brands, Chico's and White House Black Market, since August 2019.
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![]( "Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosen")
Macy's reopening 68 stores, targets all within six weeks as U.S. curbs loosenMacy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday.
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![]( "Virus pushes iconic American department stores to the brink")
Virus pushes iconic American department stores to the brinkIconic U.S. department store chains like Macy's, Nordstrom and J.C. Penney are in a fight for survival as the coronavirus pandemic forces them to close and lay off their employees.
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![]( "Macy’s taps Bank of America for US$5bn in debt to support operations")
Macy’s taps Bank of America for US$5bn in debt to support operationsDepartment store chain Macy’s is looking to raise up to US$5bn in debt financing, two sources familiar with the discussions told Refinitiv LPC on Wednesday.