Dick’s CEO to Step Down

Ed Stack is stepping down as chief executive of Dick’s Sporting Goods Inc. after decades at the helm of the retailer he built into a national chain and led into the debate over gun violence.

Mr. […]

By |2020-11-25T09:34:14-05:00November 25, 2020|Articles|Comments Off on Dick’s CEO to Step Down

Macy’s Loss Narrows as Stores Reopen

Macy’s Inc. loss narrowed during the second quarter as locations began to reopen from their COVID- 19 induced lockdowns. The Cincinnati-based department store chain lost $431 million, or an adjusted 81 cents per share, as […]

By |2020-09-03T10:17:16-04:00September 3, 2020|Articles|Comments Off on Macy’s Loss Narrows as Stores Reopen

Macy’s to Cut 3,900 Jobs

Macy’s is eliminating about a quarter of its corporate workforce, slashing 3,900 white-collar jobs in a sweeping effort to cut costs during the coronavirus pandemic. The layoffs announced Thursday come just months after the beleaguered […]

By |2020-06-26T09:56:14-04:00June 26, 2020|Articles|Comments Off on Macy’s to Cut 3,900 Jobs