trump pay deal trumps tax growth shoppers winter major fuel

Macy's profit, sales slip and it cuts 2025 profit forecast, but tops Q1 expectations

Macy's profit, sales slip and it cuts 2025 profit forecast, but tops Q1 expectations

Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that the U.S. trade war will have on the company and its shoppers, trimmed its profit forecast for 2025

Comments

Similar News

Macy’s CEO Warns of Price Hikes as Tariffs Squeeze Department Stores

Macy's profit and sales slip and it cuts profit forecast for 2025, but tops Q1 expectations

Macy’s slashes profit forecast, warns of ‘surgical’ price hikes due to tariffs

Macy’s Says Tariffs May Lower Profits This Year—Joining These Companies Warning Of Tariff Impacts

Business News

State pensioners face cut to pension if they make one mistake

State pensioners face cut to pension if they make one mistake

about 2 hours ago

State pensioners set for £1,000 boost after major DWP change

State pensioners set for £1,000 boost after major DWP change

about 2 hours ago

UK April inflation figure overstated after 'error' as ONS makes admission

UK April inflation figure overstated after 'error' as ONS makes admission

about 2 hours ago

Scottish shopping centre secures global fashion brand

about 2 hours ago

'Book human' focus driving Scots travel giant to record results

'Book human' focus driving Scots travel giant to record results

about 2 hours ago

Construction firms cut jobs at fastest rate since 2020 despite signs of recovery

Construction firms cut jobs at fastest rate since 2020 despite signs of recovery

about 2 hours ago

Mitie agrees £366m deal to buy Lord Ashcroft-founded firm Marlowe

Mitie agrees £366m deal to buy Lord Ashcroft-founded firm Marlowe

about 2 hours ago

New car market returns to growth

New car market returns to growth

about 2 hours ago

Anti-Brexit newspaper changes name to reflect ‘reality’ of global politics

Anti-Brexit newspaper changes name to reflect ‘reality’ of global politics

about 2 hours ago

London suffers £10bn stock market hit as major firm to leave for the US

London suffers £10bn stock market hit as major firm to leave for the US

about 2 hours ago

Fish and chips, cream tea and hot doughnuts voted the most popular treats for Brits on holiday

Fish and chips, cream tea and hot doughnuts voted the most popular treats for Brits on holiday

about 2 hours ago

I’ve read thousands of CVs – eight phrases you MUST avoid and major mistake all jobseekers make

I’ve read thousands of CVs – eight phrases you MUST avoid and major mistake all jobseekers make

about 2 hours ago

Poundland to close two more shops starting in DAYS as 200 branches are still at risk – see the full list

Poundland to close two more shops starting in DAYS as 200 branches are still at risk – see the full list

about 2 hours ago

What a weakening dollar means for Trump - and the UK

What a weakening dollar means for Trump - and the UK

about 2 hours ago

Major pensions update as millions set for 'retirement savings boost'

Major pensions update as millions set for 'retirement savings boost'

about 3 hours ago

Top interim support companies can count on from Hutcheon Mearns

Top interim support companies can count on from Hutcheon Mearns

about 3 hours ago

Is Scottish care sector at risk from immigration shake-up?

Is Scottish care sector at risk from immigration shake-up?

about 3 hours ago

Wise latest to unveil plans to switch main listing from London to New York

Wise latest to unveil plans to switch main listing from London to New York

about 3 hours ago

New car market returns to growth

New car market returns to growth

about 3 hours ago

Exact code to spot when £100 Nationwide payment lands in millions of accounts within weeks – will you be better off?

Exact code to spot when £100 Nationwide payment lands in millions of accounts within weeks – will you be better off?

about 3 hours ago

Full list of 80 Asda stores selling Nintendo Switch 2 TODAY after pre-order chaos saw games flogged on eBay for £1000

Full list of 80 Asda stores selling Nintendo Switch 2 TODAY after pre-order chaos saw games flogged on eBay for £1000

about 3 hours ago

Flying Tiger is selling ‘genius’ 2-in-1 picnic and camping essential – it’s only £20 & perfect for a family

Flying Tiger is selling ‘genius’ 2-in-1 picnic and camping essential – it’s only £20 & perfect for a family

about 3 hours ago

Major fashion retailer with 180 UK stores confirms it will shut ‘favourite’ shop in just DAYS

Major fashion retailer with 180 UK stores confirms it will shut ‘favourite’ shop in just DAYS

about 3 hours ago

Tesco slashes the price of summer garden essential from £80 to £24 – it’s the cheapest on the market

Tesco slashes the price of summer garden essential from £80 to £24 – it’s the cheapest on the market

about 3 hours ago

Morrisons shoppers fury over ‘frustrating’ More card offer after item SELLS OUT

Morrisons shoppers fury over ‘frustrating’ More card offer after item SELLS OUT

about 3 hours ago

Wetherspoons fans devastated as ‘favourite’ dip axed from menu

Wetherspoons fans devastated as ‘favourite’ dip axed from menu

about 3 hours ago

Top chef reveals the cheap place he loves - and the overrated chain he would avoid

Top chef reveals the cheap place he loves - and the overrated chain he would avoid

about 4 hours ago

Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data

Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data

about 5 hours ago

Suspect in UnitedHealthcare CEO killing said he 'had it coming,' prosecutors say

Suspect in UnitedHealthcare CEO killing said he 'had it coming,' prosecutors say

about 5 hours ago

Rachel Reeves's outrageous plot to grab winter fuel cash from families of dead pensioners

Rachel Reeves's outrageous plot to grab winter fuel cash from families of dead pensioners

about 5 hours ago

Wizz Air profit slumps after grounding planes over engine issues

Wizz Air profit slumps after grounding planes over engine issues

about 5 hours ago

ONS admits April inflation figure was too high after vehicle tax data error

ONS admits April inflation figure was too high after vehicle tax data error

about 5 hours ago

Dr Martens sees profits slide but on track for return to growth

Dr Martens sees profits slide but on track for return to growth

about 5 hours ago

Car insurance code that could be the key to finding cheaper insurance when you buy a new motor

Car insurance code that could be the key to finding cheaper insurance when you buy a new motor

about 5 hours ago

Car finance compensation update as millions could be due back cash

Car finance compensation update as millions could be due back cash

about 5 hours ago

I lost £120k life savings and ended up in hospital after falling through faulty flooring installed by cowboy builder

I lost £120k life savings and ended up in hospital after falling through faulty flooring installed by cowboy builder

about 5 hours ago

Energy costs 'an anchor on our ambition', CBI chief warns government

Energy costs 'an anchor on our ambition', CBI chief warns government

about 5 hours ago

Owners turn to 'game-changing' 89p-a-day pet food deliveries to improve dog health

Owners turn to 'game-changing' 89p-a-day pet food deliveries to improve dog health

about 5 hours ago

Isle of Paradise’s ‘easy to use’ fake tan drops are less than £10 in flash beauty deal

Isle of Paradise’s ‘easy to use’ fake tan drops are less than £10 in flash beauty deal

about 5 hours ago

Two more major retailers hit by cyber attacks with customer information stolen

Two more major retailers hit by cyber attacks with customer information stolen

about 5 hours ago

Will you pay less for car hire this summer? How much a rental costs in 12 popular holiday hotspots in 2025

Will you pay less for car hire this summer? How much a rental costs in 12 popular holiday hotspots in 2025

about 5 hours ago

Can you boost your chance of winning the £208M Euromillions? From rare numbers to lucky places to buy

Can you boost your chance of winning the £208M Euromillions? From rare numbers to lucky places to buy

about 5 hours ago

Britain's biggest Italian restaurant will be one of four huge new dining venues at Olympia

Evening Standard

Britain's biggest Italian restaurant will be one of four huge new dining venues at Olympia

about 5 hours ago

FTSE 100 Live 05 June: Wise plans US switch, Dr Martens unveils new strategy

Evening Standard

FTSE 100 Live 05 June: Wise plans US switch, Dr Martens unveils new strategy

about 5 hours ago

The new 'one-room schoolhouse': Millions of kids are joining America's microschool movement

The new 'one-room schoolhouse': Millions of kids are joining America's microschool movement

about 5 hours ago

In their investment era: Swifties celebrate helping their idol reclaim her music

In their investment era: Swifties celebrate helping their idol reclaim her music

about 5 hours ago

Labour four-word WASPI reply after being accused of 'undermining' Ombudsman's ruling

Labour four-word WASPI reply after being accused of 'undermining' Ombudsman's ruling

about 6 hours ago

'I'm saving 10 years on my mortgage thanks to shopping app I use at Tesco, Morrisons, M&S'

'I'm saving 10 years on my mortgage thanks to shopping app I use at Tesco, Morrisons, M&S'

about 6 hours ago

Martin Lewis says make these 4 checks now which could save thousands on council tax

Martin Lewis says make these 4 checks now which could save thousands on council tax

about 6 hours ago

Reeves' new pension rules 'omission' as key issue on 'back burner'

Reeves' new pension rules 'omission' as key issue on 'back burner'

about 6 hours ago

HMRC urgently sending letters to 100,000 people after 'breach'

HMRC urgently sending letters to 100,000 people after 'breach'

about 6 hours ago

Department for Transport 'funding' update on free bus passes for over 60s in England

Department for Transport 'funding' update on free bus passes for over 60s in England

about 6 hours ago

Scotland Office and Scottish Chambers of Commerce in ‘Brand Scotland’ mission deal

about 6 hours ago

Golf survey reveals mixed bag for Scotland's courses

Golf survey reveals mixed bag for Scotland's courses

about 6 hours ago

Family sells landmark hotel dating from 17th century in popular Scottish town

Family sells landmark hotel dating from 17th century in popular Scottish town

about 6 hours ago

In 12 charts: The Herald Scottish Golf Survey

In 12 charts: The Herald Scottish Golf Survey

about 6 hours ago

Owner of famous Islay distillery scraps target amid tariff uncertainty

Owner of famous Islay distillery scraps target amid tariff uncertainty

about 6 hours ago

Hard facts from the fairways tee up latest edition

Hard facts from the fairways tee up latest edition

about 6 hours ago

Renowned Scottish chef unveils new restaurant in historic Scottish town

Renowned Scottish chef unveils new restaurant in historic Scottish town

about 6 hours ago

Lidl is selling a £4 pool must-have for your summer holiday & it’s £8 cheaper than a John Lewis version

Lidl is selling a £4 pool must-have for your summer holiday & it’s £8 cheaper than a John Lewis version

about 6 hours ago