The US should build on what Starbucks is starting with its youth job-creation effort, says former Medtronic CEO Bill George.» Read More
July 22- The National Retail Federation, the biggest U.S. retail association, cut its forecast for retail sales growth in the country this year, citing an unexpected slowdown in growth in the first half of the year. U.S. retail sales unexpectedly fell in June, recording the weakest since February, as households cut back on purchases, according to the latest data from...
CHICAGO/ SAN FRANCISCO, July 22- Macy's Inc is expanding same-day delivery to several new U.S. markets this summer, one of the most aggressive pushes by a brick-and-mortar retailer in an area dominated by e-commerce giant Amazon, according to a Macy's official. Currently, Macy's is offering the service in Houston, San Francisco, San Jose, Seattle, Washington D.C.,...
Amazon's U.S. apparel and accessories business will strip Macy's of its title as the top apparel retailer in 2017, according to Cowen.
The "Fast Money" traders give their final trades of the day.
Macy's could be bought out by another retailer in an alternative to a company split suggested by Jeffrey Smith, one retail expert said.
If you missed any or all of the action, the accompanying video provides a fast-paced rundown, all in less than two minutes.
The FMHR traders weigh in on whether the plan to spin-off Macy's real estate assets makes sense. And Pete Najarian takes a look at whether a McDonald's REIT would unlock value.
Activist investor Starboard Value calls on Macy's to sell its valuable real estate.
Looking for the next takeover target in biotech? “Mad Money” host Jim Cramer’s got answers.
Jim Cramer was inspired by CNBC's Delivering Alpha, and presented the best plays for your portfolio.
BlackRock's CEO Larry Fink said Wednesday that too many stock repurchases may be holding back the economy.
U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.
Shares of several companies jump after activist investors unveiled ideas at Delivering Alpha.
A coalition of the nation's largest companies, spearheaded by Starbucks, pledged to hire 100,000 young Americans who have been shut out of the market.
NEW YORK/ CHICAGO, July 11- When Donald Trump described Mexican immigrants as rapists and drug smugglers last month, Latinos took to social media to express their outrage and urge businesses to sever ties with the billionaire presidential candidate. "Latino millennials have purchasing power and they're not going to tolerate Trump's comments," said Luis Fitch, a...
July 9- Geoffrey Zakarian dropped plans to open a restaurant at the upcoming Trump International Hotel in Washington DC, becoming the second celebrity chef to sever ties with real estate mogul Donald Trump after his statements on Mexican immigrants. Trump accused Mexico of sending rapists and other criminals to the United States when he announced his bid for...
For all the retailers whose businesses have become obsolete due to changing tastes, there are others capitalizing on shifting trends.
July 9- Celebrity chef Geoffrey Zakarian said he will not open his restaurant at the Trump International Hotel in Washington DC, adding to a list of names to cut corporate ties with real estate mogul Donald Trump after his statements on Mexican immigrants. Zakarian, who runs a string of restaurants including The Lambs Club and the National in New York City, said...
July 7- PVH Corp said it would wind down the production of Donald Trump's menswear after exclusive retail partner Macy's Inc decided to stop selling his products in protest against racist remarks made by the real estate tycoon. PVH, whose brands include Tommy Hilfiger, Calvin Klein, Van Heusen and Arrow, signed a licensing deal in 2004 for making shirts and...
In a note to clients, Goldman Sachs provided its investment outlook for the rest of the year, reiterating high valuations and tepid gains ahead.