VENTURE CAPITAL POST

Macy's increases profit forecast despite cautious consumer spending, driven by successful turnaround plan under CEO Tony Spring.

Authorities recovered enough stolen property to fill 450 medium cardboard boxes, with Macy's alone accounting for $212,000 worth of the seized goods.

At $6.6 billion, Arkhouse Management and Brigade Capital Management are bidding more to buy Macy's.

Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.

Macy's has rejected a $5.8 billion offer from Arkhouse Management and partner Brigade Capital Management to take over the retailer.

Department store chain Macy's Inc. has reportedly received a buyout offer amounting to $5.8 billion.

Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers.

Amarilis Sinchi visited Macy's at a New Jersey mall on Black Friday, but she waited until this week to purchase the red fleece pajamas she had her eye on.

Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.

Macy's Inc, which traditionally kicks off the U.S. holiday shopping season with a nationally televised parade in Manhattan, also will join a handful of other companies this year parading their ads on Facebook's fledgling video feeds.

Black customers protested at Barneys New York Inc after being detained by staff.

Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.