The rise and fall of Macy's, the beloved American retailer that just received a $6.6 billion buyout bid

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Macy's.
Macy's is continuing to try to rebound from recent setbacks.

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Macy's and Best Buy are banking on small-format stores to lower costs and boost consumer convenience amid an ever-shifting retail landscape

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Macy's

AP Photo/Mark Lennihan, File

Macy's to close around 150 locations over the next three years

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Macy's
Macy's said Tuesday it plans to close roughly 150 underperforming locations through the end of 2026.

AP Photo/Gene J. Puskar

A 61-year-old man sues Macy's, saying he was jailed and assaulted after being falsely identified as a store robber by facial recognition

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Macy's department store
Macy's and Sunglass Hut parent company EssilorLuxottica are facing legal action over the arrest.

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Macy's and Wayfair start the year off with layoffs. Here are the major retailers making cuts in 2024.

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Macy's.
Macy's is cutting jobs and closing stores.

Noam Galai/Getty Images

I just learned a life hack for saving money on cologne and perfume. Here's how it works.

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Sephora perfume display
You can refill an empty perfume bottle, but you'll have to do it at home, sources say.

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Best Buy declares the 'low point' in tech sales after years of declines

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A man shops at a Best Buy store.
Best Buy's CEO said "this year will be the low point in tech demand after two years of sales declines."

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Macy's, Dick's, and Lowe's are sounding alarms on US shoppers

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Lowe's
A shift in consumer spending is challenging retailers that sell discretionary merchandise like apparel and home goods.

Reuters/Mohammad Khursheed

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