Topic: Macy's Inc.
Retailers profits rise, but customers hold back
AP News
Retailers post better fourth-quarter profits, remain in waiting game with reticent customersA fleet of the nation's biggest merchants reported mostly better fourth-quarter profits Tuesday after a holiday season marked by cautiously stocked shelves and well-managed markdowns. But the rosier results mask a tough reality: To build on their halting ...
Retail results improve but consumers still wary
Reuters US Online Report Business News
CHICAGO (Reuters) - For retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than about getting consumers to buy a lot more of their merchandise. Discounters like Target Corp <TGT.N> and Sears Holdings Corp's <SHLD.O> ...
Macy's focuses on localization, sees 4Q profit
AP News
Macy's moves to 4th-quarter profit on lower expenses; focuses on localization effortsTight inventory management and reduced expenses propelled Macy's Inc. back to a fourth-quarter profit Tuesday as the nation's second-largest department store operator begins to see its localization efforts come to fruition. Macy's attempts to become ...
Summary Box: Macy's 4th-quarter profit
AP News
Macy's returns to a 4th-quarter profit; focuses efforts on its localization driveTHE RESULTS: Macy's Inc. returned to a fourth-quarter profit, helped by leaner inventory and lower expenses. Adjusted results beat analyst estimates. THE NEW APPROACH: Macy's is concentrating its efforts on its localization drive, called My Macy ...
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