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Macy's, Sears, J C Penney pull out of malls, $48 bn of loans at risk

Macy’s, Kohl’s outperform J.C. Penney in June

With same-store sales increases of 6.7 per cent and 7.5 per cent respectively, Macy’s and Kohl’s outperformed rival J.C....
Macy's is closing 68 stores, cutting 10,000 jobs

Macy’s to build a new centre

US-based department store chain Macy's Inc has recently announced that it will build a new fulfilment centre near Martinsburg...