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Here are the 31 Macy’s stores in 19 states closing so far
News 3 months ago
Here are the 31 Macy’s stores in 19 states closing so far

Macy's Inc. is undergoing a business transformation that includes thousands of job cuts and 125 store closures over the next three years. About 30...

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Macy’s stores at risk of closing drive an average of 80% less sales than ‘Growth’ stores: JPMorgan
News 3 months ago
Macy’s stores at risk of closing drive an average of 80% less sales than ‘Growth’ stores: JPMorgan

Macy's Inc. announced on Tuesday that it will close about 125 underperforming stores over the next three years, and figures provided by JPMorgan...

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Mortgage rates plunge to second lowest level in three years amid coronavirus concerns
News 3 months ago
Mortgage rates plunge to second lowest level in three years amid coronavirus concerns

Fear surrounding the spread of the coronavirus that started in China has shaken up financial markets. Looking to buy a home? The coronavirus that...

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Market Extra: Why low rates are raising questions about the next commercial real estate unwind
News 3 months ago
Market Extra: Why low rates are raising questions about the next commercial real estate unwind

Analysts see potential trouble for recently bought office buildings, shopping centers and industrial properties when the next downturn comes. Rents...

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Economic Report: The number of buyers who signed contracts on homes plummeted in December despite high demand
News 3 months ago
Economic Report: The number of buyers who signed contracts on homes plummeted in December despite high demand

People are finding it hard to find homes to buy across the U. S. The numbers: The index of pending home sales decreased 4.9% in December from the...

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E-commerce surge sparks questions about reliability of same-store sales metric
News 3 months ago
E-commerce surge sparks questions about reliability of same-store sales metric

As more shopping goes online, experts are asking whether the traditional same-store sales metric truly measures the financial health of retailers. ...

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Personal Finance Daily: Here’s how to improve your credit score and mortgage rates fall to lowest level in months
News 4 months ago
Personal Finance Daily: Here’s how to improve your credit score and mortgage rates fall to lowest level in months

Happy Friday, MarketWatchers! Don't miss these top stories: 'Her two adult sons claim that their deceased father had promised them the house would...

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Cannabis Watch: U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch
News 4 months ago
Cannabis Watch: U.S. pot retailer MedMen says it’s trying to use stock to pay its bills amid cannabis industry’s cash crunch

MedMen is offering some suppliers the full value of their product in shares. U. S. marijuana retail chain MedMen Enterprises Inc. has been offering...

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‘Even two paychecks can only go so far.’ Skyrocketing child-care costs put aspiring home buyers in a bind
News 4 months ago
‘Even two paychecks can only go so far.’ Skyrocketing child-care costs put aspiring home buyers in a bind

'Even two paychecks can only go so far.' Skyrocketing child-care costs put aspiring home buyers in a bind Families making under $1,500 a month...

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Economic Report: U.S. retailers cap off strong 2019 with solid increase in December holiday sales
News 4 months ago
Economic Report: U.S. retailers cap off strong 2019 with solid increase in December holiday sales

The numbers: In a good sign for the U. S. economy, most retailers posted higher sales in December to finish out the holiday season on a strong note...

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The rise of this e-commerce fund may be the latest sign of ‘Amazon effect’ on traditional retailers
News 4 months ago
The rise of this e-commerce fund may be the latest sign of ‘Amazon effect’ on traditional retailers

As the bad news keeps mounting for the retail industry, a little-noticed measure adds fresh evidence of an exodus away from bricks-and-mortar...

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J.C. Penney, Macy’s and other department stores don’t have many more seasons left for a turnaround, analyst says
News 4 months ago
J.C. Penney, Macy’s and other department stores don’t have many more seasons left for a turnaround, analyst says

J. C. Penney and other department stores struggled this holiday season. The clock is ticking for department stores like Macy's Inc. and J. C....

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The Moneyist: How do I force my sister to buy my share in our family’s vacation property or sell it — without causing a bitter feud?
News 4 months ago
The Moneyist: How do I force my sister to buy my share in our family’s vacation property or sell it — without causing a bitter feud?

How do I force my sister to buy my share in our family's vacation property or sell it - without causing a bitter feud? 'They had it logged without...

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NerdWallet: 3 things we never expected to have to track down for our mortgage application
News 4 months ago
NerdWallet: 3 things we never expected to have to track down for our mortgage application

This article is reprinted by permission from NerdWallet. When my husband and I put in an offer on a house in September 2019, I figured the hardest...

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The Conversation: Here’s the downside of making community college free
News 4 months ago
The Conversation: Here’s the downside of making community college free

Policy makers and presidential hopefuls are having a spirited debate over whether the U. S. should offer free community college, free public...

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The Ratings Game: Macy’s comparable sales improved over the holidays but results were still ‘mediocre’
News 4 months ago
The Ratings Game: Macy’s comparable sales improved over the holidays but results were still ‘mediocre’

Macy's comparable sales improved over the holidays but results were still 'mediocre' Macy's Inc. posted holiday comparable sales results that were...

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4 things to watch for in retail in 2020
News 4 months ago
4 things to watch for in retail in 2020

Retailers will need to change how they do business in 2020 as they face more technological innovation, new shopping habits, and a demographic shift...

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Many renters don’t know who owns their home — this lawsuit may change that
News 5 months ago
Many renters don’t know who owns their home — this lawsuit may change that

Many renters don't know who owns their home - this lawsuit may change that If you don't know who your landlord is, a new lawsuit could help. The...

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Amazon new free returns add convenience but sending things back shouldn’t be too easy, experts say
News 5 months ago
Amazon new free returns add convenience but sending things back shouldn’t be too easy, experts say

Amazon.com Inc., which has set a high bar for e-commerce convenience with its speedy delivery and "shop anywhere" capability, has stepped it up...

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The Moneyist: My stepdaughter’s mother stole her identity! She leased an apartment and took out credit cards in her name — what should we do?
News 5 months ago
The Moneyist: My stepdaughter’s mother stole her identity! She leased an apartment and took out credit cards in her name — what should we do?

My stepdaughter's mom stole her identity. She leased an apartment and took out credit cards in her name - what can we do? 'Our daughter wanted to...

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This is where rents have increased the most over the last decade. Hint: It’s NOT New York or San Francisco
News 5 months ago
This is where rents have increased the most over the last decade. Hint: It’s NOT New York or San Francisco

The most expensive rental markets aren't the ones that have seen the biggest growth since 2010. Feel like the rent's gotten too damn high? Then you...

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Zara owner’s shares surge as Spanish fashion group continues to defy retail gloom
News 5 months ago
Zara owner’s shares surge as Spanish fashion group continues to defy retail gloom

Two people walk past a Zara shop window at a mall in Beijing on May 10, 2018. Shares of Inditex surged on Wednesday as the Zara owner continued to...

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Next Avenue: How to combat work-from-home loneliness
News 5 months ago
Next Avenue: How to combat work-from-home loneliness

This article is reprinted by permission from NextAvenue.org. It is part of the In Good Company Special Report. If you're hoping to work from home...

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Read this before you panic about a global coffee shortage
News 5 months ago
Read this before you panic about a global coffee shortage

The International Coffee Organization predicted worldwide coffee consumption would exceed production by 502,000 60-kilogram bags next year...

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Upgrade: We get $2,740 a month from Social Security and want a warm, friendly city near the ocean. Where should we retire?
News 5 months ago
Upgrade: We get $2,740 a month from Social Security and want a warm, friendly city near the ocean. Where should we retire?

I am 67 and retired, my wife is 64 and retired. Both of us are in pretty good health, but my wife has some COPD issues that a warmer, healthier...

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