Department 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.
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1025 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 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 operations -
![]( "NBCUniversal launches shoppable ads to help retailers hurt by coronavirus")
NBCUniversal launches shoppable ads to help retailers hurt by coronavirusComcast Corp's NBCUniversal said on Thursday it aims to help retailers that have been forced to shut down amid the pandemic through new ecommerce tools that will let people buy products directly from NBC's content.
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![]( "Neiman Marcus could file for bankruptcy as soon as this week")
Neiman Marcus could file for bankruptcy as soon as this weekNeiman Marcus Group is said to be preparing to seek bankruptcy protection as soon as this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak.
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![]( "Neiman Marcus skips debt payment as potential bankruptcy looms")
Neiman Marcus skips debt payment as potential bankruptcy loomsNeiman Marcus Group skipped a debt payment due this week, the latest sign of a cash crunch pushing the U.S. chain to the brink of a possible bankruptcy after it temporarily closed stores amid the coronavirus pandemic.
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![]( "True Religion files for bankruptcy protection amid virus crisis")
True Religion files for bankruptcy protection amid virus crisisTrue Religion Apparel Inc on Monday filed for Chapter 11 bankruptcy protection for a second time in less than three years, becoming another casualty of the coronavirus outbreak that has ravaged the retail sector.
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![]( "J.C. Penney to hire advisors as it mulls debt management options - Bloomberg News")
J.C. Penney to hire advisors as it mulls debt management options - Bloomberg NewsJ.C. Penney Co Inc has approached consulting firm AlixPartners LLP as the U.S. retailer looks at options for managing its debt, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
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![]( "Warehouse workers risk Covid-19 to ship Gucci shades, face cream, sofas")
Warehouse workers risk Covid-19 to ship Gucci shades, face cream, sofasWith Americans stuck at home, warehouse workers scramble to fill surging online orders.
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![]( "Macy's CFO to step down after just under 2 years")
Macy's CFO to step down after just under 2 yearsThe department store operator announced on Tuesday that EVP and chief financial officer Paula Price will be leaving the company as of May 31, 2020, and revealed that it has begun an external search for her replacement.
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![]( "Macy's to drop from S&P 500 to small-cap index")
Macy's to drop from S&P 500 to small-cap indexMacy’s Inc will be removed from the benchmark S&P 500 stock index, the S&P Dow Jones Indices said on Tuesday, as coronavirus-induced store closures compound the retail sector’s struggles with a shift to online shopping.
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![]( "Neiman Marcus to furlough nearly 14,000 workers amid virus crisis")
Neiman Marcus to furlough nearly 14,000 workers amid virus crisisLuxury retailer Neiman Marcus said on Monday it would furlough most of its about 14,000 workers, as the coronavirus crisis forced it to close all stores till the end of April.