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MACY'S, INC.

(M)
  Report
Delayed Nyse  -  04:00 2022-09-27 pm EDT
15.82 USD   +4.01%
09/27Fitch Downgrades One Class of JPMCC 2016-JP4; Outlooks Remain Negative on Three Classes
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09/27Fitch Affirms MSBAM 2013-C10; Four Outlooks Revised to Stable
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09/26Macy's, Dick's Announce Plans to Hire Fewer Seasonal Workers This Holiday Compared With 2021
MT
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Toys R Us opens initial Macy's storefronts

08/10/2022 | 10:51am EDT

Just in time for the busiest retail shopping season of the year, Toys R Us is open for business in Macy'sstore locations across nine states and that's just the start of the brand's revival.

As Retail Customer Experience reported in late July, the toy store brand announced it was coming back through a partnership with the high-end retailer and WHP Global, which acquired Toys R Us in March 2021.

Toys R Us filed for Chapter 11 bankruptcy in 2017 and closed stores in the U.K. and the U.S. the following year.

Toys R Us is now open for business in New York, California, Georgia, New Jersey, Illinois, Nevada, Missouri and Maryland, according to Macy's website.

All its locations will be ready for shoppers by mid October, according to a New York Post report. The locations range from 1,000 square feet to 10,000-square-foot stores.

Click herefor the full list of stores that will operate in Macy's locations.

Copyright © 2022 Networld Media. All rights reserved., source Industry News

All news about MACY'S, INC.
09/27Fitch Downgrades One Class of JPMCC 2016-JP4; Outlooks Remain Negative on Three Classes
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09/27Fitch Affirms MSBAM 2013-C10; Four Outlooks Revised to Stable
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09/26Macy's, Dick's Announce Plans to Hire Fewer Seasonal Workers This Holiday Compared With..
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09/26Macy's and Toys“R”Us Reveal Geoffrey's 100 Hot Toy List for the 2022 Holida..
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09/26Macy's to Hire Over 41,000 Seasonal Workers for Upcoming Holidays
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09/26Macy's to hire more than 41,000 workers for holiday shopping season
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09/26Macy's, Inc. to Hire Colleagues for More Than 41,000 Seasonal Positions
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09/21Walmart plans cautious holiday hiring amid slowing U.S. economy
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09/21Kylie Cosmetics Launches at Macy's, Featuring Limited-Edition Holiday Collection and Ic..
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09/21Walmart plans cautious holiday hiring amid slowing U.S. economy
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More news
Analyst Recommendations on MACY'S, INC.
More recommendations
Financials (USD)
Sales 2023 24 481 M - -
Net income 2023 1 144 M - -
Net Debt 2023 1 644 M - -
P/E ratio 2023 3,96x
Yield 2023 3,98%
Capitalization 4 287 M 4 287 M -
EV / Sales 2023 0,24x
EV / Sales 2024 0,23x
Nbr of Employees 88 857
Free-Float 86,5%
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Technical analysis trends MACY'S, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Last Close Price 15,82 $
Average target price 22,60 $
Spread / Average Target 42,9%
EPS Revisions
Managers and Directors
Jeffrey Gennette President & Director
Adrian V. Mitchell Chief Financial Officer & Executive Vice President
Laura M. Miller Chief Information Officer
Sara L. Levinson Independent Director
Deirdre P. Connelly Independent Director
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