Group 1: Mall Performance and Trends - Indoor malls have shown growth, outperforming open-air centers and outlet malls, with visit gains in all four quarters of 2025, indicating a shift from recovery to growth [1] - Overall mall visits increased by 1.3% for the full year, with A malls performing well while C and D malls are declining [2] Group 2: Macy's Store Closures - Macy's is planning to close around 150 stores, having already closed 66 locations, as part of its strategy to streamline operations [3][15] - The latest round of closures includes 14 stores across 12 states, with specific locations listed [7] Group 3: Macy's Turnaround Strategy - Macy's "Bold New Chapter" strategy focuses on strengthening stores, simplifying operations, and investing in customer experiences, with store closures being a key component [5][6] - The stores set to close represent about 25% of gross square footage but less than 10% of sales, with remaining locations outperforming non-go-forward locations significantly in sales and EBITDA [13] Group 4: Analyst Opinions on Macy's Strategy - Analysts express mixed views on Macy's turnaround efforts, with some seeing the store closures as necessary for right-sizing, while others lack confidence in the plan due to past neglect [10][11][12]

NEW YORK--(BUSINESS WIRE)--Today, Macy's unveils "Celebrations Start at Macy's,†a year-long platform designed to put Macy's at the center of customers' important moments. From everyday celebrations to once-in-a-lifetime milestones, Macy's inspires customers at every step of their journey. "Celebrations Start at Macy's†will come to life throughout the year for customers through immersive experiences and national celebrations including prom, Mother's Day, Father's Day, the 50th Macy's 4th of Ju. ...

The upcoming report from Target (TGT) is expected to reveal quarterly earnings of $2.17 per share, indicating a decline of 10% compared to the year-ago period. Analysts forecast revenues of $30.54 billion, representing a decline of 1.2% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclos ...

The UK's John Lewis Partnership is exiting its build-to-rent (BTR) business, citing a “fundamental shift” in economic conditions since the initiative began in 2020. According to a report on Reuters, the employee-owned retailer, which operates the John Lewis department stores and Waitrose supermarkets, said the withdrawal aligns with executive chair Jason Tarry’s strategy to focus on core retail operations. The partnership’s move into the BTR market was launched under former chair Sharon White as part of ...

Even as higher-end department stores struggle, off-price retail is thriving, showing that Americans are still spending, just more selectively. TJX Companies – which owns TJ Maxx, Marshalls and HomeGoods – blew past Wall Street expectations in its fourth quarter earnings report Wednesday morning.Sales surged 9% year-over-year to $17.7 billion in the fourth quarter, with comparable store sales up 5%. TJX also boosted its quarterly dividend 13% to 48 cents per share, and brought in a net income of $1.8 billion ...

(Bloomberg) -- Saks Global Enterprises said hundreds of brands, including Burberry and those owned by luxury powerhouses LVMH and Kering, have either resumed or continued shipping to the troubled retailer as it tries to emerge from bankruptcy.The company, which includes Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman stores, is set to receive around $1.2 billion in merchandise over the next few months, Chief Executive Officer Geoffroy van Raemdonck said in an interview with Bloomberg News. Those goods ...

Core Insights - Dillard's Inc. reported fourth-quarter earnings that exceeded analyst expectations with adjusted earnings per share of $13.05, surpassing the consensus estimate of $10.61 by $2.44, despite revenue falling short at $1.96 billion compared to the $2.04 billion estimate [1] - The company's total retail sales decreased by 1% year over year to $1.92 billion, with comparable store sales also down by 1%, attributed to disruptions from a winter storm affecting over one-third of its store base [2] - For the full fiscal year, Dillard's net income was $570.2 million, or $36.42 per share, a decline from $593.5 million, or $36.82 per share, in the previous year [2] Financial Performance - Total retail sales for the year remained flat at $6.23 billion [3] - Retail gross margin was reported at 40.8%, slightly below the previous year's margin of 41.0% [3] - Operating expenses increased to 27.2% of sales from 26.7% in the prior year [3]

Pre-market futures are busy climbing out of the deep hole Monday’s market dug for itself, particularly on the blue-chip Dow index. Tariff concerns and possible military conflict with Iran are issues that have not gone away, but neither have they poisoned the well. The Dow is up +138 points, the S&P 500 is +11, the Nasdaq +113 and the small-cap Russell 2000 is +4 points at this hour. Q4 Earnings Roundup This Morning: HD, PLNT & MoreHome Depot (HD)  beat earnings estimates in its Q4 report out this morning by ...

We came across a bullish thesis on Kohl’s Corporation on r/ValueInvesting’s Substack. In this article, we will summarize the bulls’ thesis on KSS. Kohl’s Corporation's share was trading at $18.50 as of February 6th. KSS’s trailing and forward P/E were 10.69 and 17.89 respectively according to Yahoo Finance. Kohl's (NYSE:KSS) Kohl's Corporation operates as an omnichannel retailer in the United States. Kohl’s latest earnings release reinforces the view that the turnaround is gaining traction and that the s ...

Respectable. That’s how William Dillard 2nd characterized his company’s performance in fiscal year 2025. More from WWD On Tuesday, the Little Rock, Ark.-based retailer reported that net income dipped slightly on sales that were unchanged from the prior year for the 52 weeks ended Jan. 31. Net income fell 3.9 percent to $570.2 million, or $36.42 a share, from $593.5 million, or $36.82 per share, for the 52 weeks ended Feb. 1, 2025. Included in net income for fiscal 2025 was a pretax gain of $20.4 million ...