{"id":4591,"date":"2020-06-09T17:31:00","date_gmt":"2020-06-09T14:31:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/macys-says-450-reopened-stores-are-performing-better-than-expected\/"},"modified":"2020-06-09T17:31:00","modified_gmt":"2020-06-09T14:31:00","slug":"macys-says-450-reopened-stores-are-performing-better-than-expected","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/macys-says-450-reopened-stores-are-performing-better-than-expected\/","title":{"rendered":"#Macy\u2019s says 450 reopened stores are performing better than expected"},"content":{"rendered":"

“#Macy\u2019s says 450 reopened stores are performing better than expected<\/strong>”<\/p>\n

\n
\n
\n

June 9, 2020 |<\/span> 10:31am <\/p>\n

\n Macy\u2019s said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 billion in quarterly operating losses due to COVID-19 lockdowns.<\/p>\n

The company\u2019s shares rose 12 percent in premarket trading, a day after Macy\u2019s said it had raised $4.5 billion to navigate through the fallout from the pandemic.<\/p>\n

Macy\u2019s, like most other non-essential retailers in the United States, was forced to shut nearly all its 800 stores in March to contain the spread of the coronavirus.<\/p>\n

While a full economic recovery is expected to be years away, retailers like American Eagle Outfitters, Abercrombie & Fitch and Macy\u2019s have indicated a recovery in sales, with a surge in online orders.<\/p>\n

Macy\u2019s Chief Executive Jeff Gennette said the company is now working to get the right merchandise in place for the crucial holiday season.<\/p>\n

Macy\u2019s said its preliminary sales fell to $3.02 billion in the quarter ended May 2, from $5.50 billion, in line with the company\u2019s prior forecast.<\/p>\n

The company reported a preliminary adjusted net loss of $630 million, or $2.03 per share, in the same period, compared to a profit of $137 million, or 44 cents per share, a year earlier.<\/p>\n

Macy\u2019s has delayed reporting its full first-quarter results to July 1.\n <\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Source<\/a><\/span><\/p>\n

\n

If you want to read more Business News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

if you want to watch Movies<\/a> or Tv Shows go to Dizi.BuradaBiliyorum.Com<\/a> <\/span> for forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

“#Macy\u2019s says 450 reopened stores are performing better than expected” June 9, 2020 | 10:31am Macy\u2019s said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 billion in quarterly operating losses due to COVID-19 lockdowns. The company\u2019s shares rose 12 percent…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[8754,8753,8752,8751],"class_list":["post-4591","post","type-post","status-publish","format-standard","hentry","category-general","tag-a-day-after-macys-said-it-had-raised-4-5-billion-to-navigate","tag-giving-some-respite-for-the-department-store-chain-that-reported-nearly-1-billion-in-quarterly-operating-losses-due-to-covid-19-lockdowns-the-companys-shares-rose-12-percent-in-premarket-tr","tag-macys-said-on-tuesday-its-450-reopened-stores-were-performing-better-than-expected","tag-macys-says-450-reopened-stores-are-performing-better-than-expected"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/4591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=4591"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/4591\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=4591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=4591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=4591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}