Retail stocks including Macy’s, Target get smoked as markets tank after retail sales miss

The Grinch might be a short-seller this Christmas season. Retail stocks were tanking across the board on Thursday, as a much worse-than-expected November retail sales report early Thursday, combined with…

Macy’s is bucking the trend of retail’s woes: Morning Brief

This posting initial appeared in the Early morning Brief. Get the Early morning Temporary sent directly to your inbox each individual Monday to Friday by 6:30 a.m. ET. Subscribe Monday,…

Macy’s plans to raise wages and offer tuition assistance in the race for hourly workers.

ImageA new $15 hourly minimum, starting by May, will raise Macy’s average base pay above $17 an hour, the company said. Macy’s said on Monday that it would raise its…