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Search resuls for: "Macy’s"


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David McLane/NY Daily News Archive/Getty Images The first Macy's store, on New York's Sixth Avenue, is seen circa 1880. New York Times Co./Hulton Archive/Getty Images Workers sort parcels at a Macy's store circa 1942. Fritz Goro/The LIFE Picture Collection/Shutterstock Women show dolls to children at a Macy's store around Christmas in 1942. Fred Morgan/NY Daily News Archive/Getty Images The Radio City Rockettes march in the Macy's Thanksgiving Day Parade in 1966. Amy Sussman/AP Images for Macy's This Macy's store in West Palm Beach, Florida, was one of dozens of stores that the company announced it would be closing in 2017.
Persons: David McLane, Santa Claus, Fritz Goro, Bernard Hoffman, Rita Hayworth's, Nina Leen, Fred Morgan, Paul DeMaria, Jean, Erick Pasquier, Monica Almeida, Chris Hondros, Timothy Fadek, Andrew Craft, Eric Thayer, Eduardo Munoz, Andrew Kelly, Amy Sussman, Joe Raedle, Charles Krupa, Gary Hershorn, Macy’s Organizations: New, New York CNN — Veteran, CNN, Street Journal, Commerce Department, NY, The New, Historical Society, of Congress, Santa, Bettmann, . New York Times Co, Hulton, Getty, Keystone, Herald, Macy, City, Workers, Fayetteville Observer, USA, Reuters Shoppers, Reuters, Saxon Middle School Choir, Downtown Burlington High School, Corbis Locations: New York, ., France, Fayetteville , North Carolina, Bay Shore , New York, West Palm Beach , Florida, Burlington , Vermont, New York City, Santa Claus
Macy’s, the country’s largest department store operator, told employees Thursday that it was laying off 13 percent of its corporate work force. The move comes as the company prepares to unveil a new strategy that its incoming chief executive will oversee. The cuts amount to roughly 2,350 jobs, or about 3.5 percent of the company’s overall work force, which includes employees at the subsidiaries Bloomingdale’s and Bluemercury. The company also said it would close five of its more than 560 Macy’s stores. Tony Spring will take over as Macy’s chief executive next month from Jeff Gennette, a company veteran who is retiring after holding the post since 2017.
Persons: Tony Spring, Jeff Gennette, Adrian Mitchell Organizations: The New York Times, Wall Street, Mr
PHILADELPHIA (AP) — A man who had tried to steal merchandise from a department store in Philadelphia returned 15 minutes later and stabbed two security guards, killing one and injuring the other, city police said. The attack at the Macy’s store occurred shortly after 11 a.m. Monday. Security guards saw the man attempting to steal some hats and took back the merchandise, police said. The other guard was being treated for his injuries, police said, but further details about his condition were not disclosed. The names of the suspect and the two guards have not been released.
Organizations: PHILADELPHIA, Security, Southeastern, Southeastern Pennsylvania Transportation Authority Locations: Philadelphia, Southeastern Pennsylvania
Something to sip on…Dolly Parton In the film "Rhinestone" in 1984 and Cher in 1979 in Los Angeles, California. Getty ImagesDolly Parton and Cher are both making 77 years old look lovely. The same day Parton was on the football field, Cher performed her new Christmas single “DJ Play a Christmas Song” at the Macy’s Thanksgiving Day Parade. You should listen to…Sir Paul McCartney performing in 2017. Poet Paul Muldoon collaborated with Sir Paul McCartney on the bestselling book, “The Lyrics: 1965 to Present,” and their relationship is clear in the ease of their conversations on this podcast.
Persons: Lisa Respers, Dolly Parton, Cher, Parton, Diana Ross, Meryl Streep, Sigourney Weaver, Steve Martin, Samuel L, Jackson, Keith Richards, Ronnie Wood, Kevin Mazur, Giselle Knowles Carter, Beyoncé ”, – she’s, Bey, EGOT, Oscar, Tony, Sir Paul McCartney, “ McCartney, Paul Muldoon, McCartney, , … Catherine Tate, David Tennant, Who, ” Peope, Russell T Davies, it’s “ Organizations: CNN, Getty, Dallas Cowboys, , Disney Locations: Lisa Respers France, Los Angeles , California, London, England, Atlanta, AFP
kept its forecast that holiday sales — from Nov. 1 to Dec. 31 — would grow 3 to 4 percent this year. Mastercard, for example, said sales both in stores and online rose 2.5 percent on Nov. 24, from a year earlier. Like Mastercard’s estimate, the retail consultancy forecast that — adjusted for inflation — sales slipped slightly, Mr. Johnson said. If stores have too much inventory on hand, they may have to cut prices more than expected, which would erode their profits. “Really for the first time in four quarters, we are seeing retailers get inventories better aligned with sales,” Mr. Yruma said.
Persons: ” Matthew Shay, , Craig Johnson, Johnson, Edward Yruma, Piper Sandler, Mr, Yruma, Organizations: National Retail Federation, Mastercard, Growth Partners, Target
This year, 59% retailers offer so-called "returnless" or "keep it" policies for unwanted products whose returns costs exceed their value, according to returns services firm goTRG, which surveyed 500 executives at 21 major retailers, including Walmart (WMT.N) and Amazon.com (AMZN.O). That information is "not something that retailers want out there" due to worries the policies could be abused by shoppers, he said. The firm helps retailers manage returns, which typically rise after pre-Christmas sales like Black Friday and Cyber Monday and continue beyond Christmas. The typical return costs retailers about $30. "You just can't afford to ignore it," she said of returns costs.
Persons: Shannon Stapleton, Sender Shamiss, Shamiss, Amena Ali, Ali, Gabrielle Richards, Pamela Peters, Peters, Lisa Baertlein, Arriana McLymore, Siddharth Cavale, Nick Zieminski Organizations: REUTERS, ANGELES, Black, Walmart, Super Bowl, Reuters, eBay, Appriss Retail, National Retail Federation, Amazon.com, Thomson Locations: Macy’s, Roosevelt, Garden City , New York, U.S, Los Angeles, New York
A Labor Strike Over Shoplifting
  + stars: | 2023-11-29 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Wonder Land: Whether it's the migrant crisis, gender identity, shoplifting, student loans or decriminalizing federal laws on cannabis possession, Republican presidential candidates should not stop talking about the culture. Images: Bloomberg News/AFP/Getty Images Composite: Mark KellyUnion walkouts these days are common for pay raises, but get this: Over the weekend hundreds of workers at three Macy’s stores in the Seattle suburbs went on strike to protest rampant shoplifting and risks to employee safety. United Food & Commercial Workers Local 3000 says Macy’s “is not doing enough to address shoplifting, violent shoppers, and other safety threats to workers and customers.” Among other evidence, the union points to an incident involving Liisa Luick , a longtime employee at the Macy’s store some 20 miles north of downtown.
Persons: Mark Kelly, Macy’s “, Liisa Organizations: Republican, Bloomberg, Getty, Mark Kelly Union, United Food & Commercial Workers Locations: Seattle
(Overstock.com bought Bed Bed & Beyond’s brand out of bankruptcy and has relaunched it online, complete with the 20% coupons.) Burlington, Michaels, Barnes & Noble, Ollie’s Bargain Outlet, Macy’s, HomeGoods and other chains have replaced old Bed Bath & Beyond stores. The majority of Bed Bath & Beyond’s stores are in the suburbs of mid-size and large cities, and are under 50,000 square feet. Bed Bath & Beyond spaces have been grabbed up swiftly at rents of up to 50% what Bed Bath & Beyond was paying, according to commercial real estate investment firm CBRE. Kimco Realty, a real estate owner with 26 former Bed Bath & Beyond leases, said that new leases were 38% higher than Bed Bath & Beyond rents.
Persons: Michael O’Sullivan, Barnes, Noble, hasn’t, Warby Parker, Brandon Isner, CBRE’s, , TJ Maxx, REI Organizations: New, New York CNN, Sears, Circuit, Kmart, Burlington, Bed, Kimco, Sports Authority Locations: New York, Burlington, . Burlington, Michaels, Kimco, HomeGoods
Originally known for crowds lining up at big-box stores in the U.S., Black Friday has moved online and gone global. In France, Italy, and Spain, most shoppers planned to buy clothing on Black Friday, with electronic goods coming second, according to a PwC survey. On average, shoppers in France expected to spend 295 euros ($322) on Black Friday, the survey found. Most U.S. stores were closed on Thanksgiving but opened to shoppers at 5 a.m. or 6 a.m. on Friday. In post-earnings calls this week, retailers from Kohl's (KSS.N) to Nordstrom (JWN.N) told investors they had invested in jackets, cashmere sweaters and Ugg boots to lure Christmas shoppers after an unseasonably warm October.
Persons: Shannon Stapleton, Jessica Ramirez, Jane Hali, Jeff Gennette, Mari Shor, Bergdorf Goodman, Nordstrom, Oscar de, ” Nordstrom, Pete Nordstrom, Katie Wyle, Katherine Masters, Mimosa Spencer, Helen Reid, James Davey, Josie Kao, Miral Fahmy, Frances Kerry Organizations: Black, REUTERS, Retailers, Associates, National Retail Federation, Insider Intelligence, Barclays, Macy's, The New York Police, Nordstrom, Walmart, Columbia Threadneedle Investments, Westfield, Thomson Locations: Westbury , New York, U.S, Europe, France, Italy, Spain, Amazon, Israel, New York City, Kohl's, Mall, Britain, Westfield, Paris, London
Black Friday Isn’t What It Used to Be
  + stars: | 2023-11-24 | by ( J. Edward Moreno | ) www.nytimes.com   time to read: 1 min
Black Friday was once a hallmark celebration of American consumerism. It’s true that shoppers looking for big discounts can still line up early at Macy’s or Best Buy on the day after Thanksgiving, in hopes of snagging a bargain. Check your inbox: Those emails offering the “Best Prices of the Year” have been coming in for days or weeks as retailers try to beat one another to your wallet. “When you think about Black Friday, the competitive landscape has really shifted to Black Friday deals prior to Black Friday,” Jeffrey Gennette, chief executive of Macy’s, told investors on a recent call as he explained why the company was spreading out its promotions. “We’re in the midst of that along with our competitors.”
Persons: ” Jeffrey Gennette, , Organizations: Black
CNN —Cher brought dance vibes to the parade route at the Macy’s Thanksgiving Day Parade in New York City on Thursday. The star performed her new single, “DJ Play a Christmas Song.” At one point, she appeared to continue to belt out lyrics even as the microphone wasn’t near her mouth, sparking criticism online from some viewers that she may have been lip-syncing. ?”“DJ Play a Christmas Song” is off Cher’s first holiday music album, “Christmas.” The star performer recently spoke with Billboard about the collection. “They’re not ‘Christmas Christmas’ songs, OK? I’m so particular, but I love the songs and everyone who hears them loves them.”
Persons: Cher, , “ What’s, you’re, “ They’re, ” Cher Organizations: CNN, Billboard Locations: New York City
NEW YORK (AP) — Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending. Political Cartoons View All 1265 ImagesBut this year, retailers said more shoppers are focusing on deals and waiting until the last minute. Salesforce said online sales rose 1% to about $7.5 billion year-over-year on Thanksgiving, as retailers offered better deals. The group has forecast that U.S. holiday sales will rise 3% to 4% for November through December, compared with a 5.4% growth of a year ago.
Persons: Yvonne Carey, Michael Kors, Cary, ” Carey, Jeff Gennette, Macy's, Gennette, Kohl’s, Brian Cornell, Salesforce, Sensormatic, Marshal Cohen, , ” Cohen, , Alexandra Olson, Anne Organizations: Herald, Macy’s Herald, Associated Press, Disney Princess, Target, New Jersey State Police Bomb Unit, Global, National Retail Federation, Adobe Analytics, Adobe, Solutions Locations: Manhattan, Macy’s, New Jersey, New York City, U.S, New York
NEW YORK (AP) — Beloved characters like Snoopy and SpongeBob SquarePants will take to the skies above New York City Thursday while bands march along the streets below as the annual Macy’s Thanksgiving Day Parade ushers in the holiday season. The Oscar-, Emmy- and Grammy Award-winner has a prime spot — performing just before the arrival of Santa Claus, which marks the end of the parade. Other celebrities and musical groups taking part include Jon Batiste, Bell Biv DeVoe, Brandy, Jessie James Decker, Pentatonix and Miss America 2023 Grace Stanke. The parade also includes performances from the casts of some Broadway shows. The parade isn't just about what's going on in the skies, though.
Persons: SpongeBob, Cher, Jon Batiste, Bell Biv DeVoe, Brandy, Jessie James Decker, Pentatonix, Grace Stanke, Leo the, It's “, , Will Coss, Savannah Guthrie, Hoda Kotb, Al Roker Organizations: New York City, Central, Miss, Netflix, NBC Locations: New York, Santa Claus,
All along Central Park West on Thursday, throngs of people gathered for the Macy’s Thanksgiving Day Parade and packed street corners or sat on folding chairs set up since dawn. They wedged themselves on slivers of sidewalk, and some placed their toddlers atop food carts for a better view. “You don’t realize how slow the cadence is in real life,” she said as she left the parade route. For nearly three hours, Ms. Burgess added, she had peered up at balloons of animated characters like Bluey, Goku and Monkey D. Luffy. She had watched the event only on television, and as a TV production coordinator, she realized how she preferred seeing the spectacle.
Persons: Madison Burgess, , Burgess Organizations: Central, West
What’s open and closed on Thanksgiving Day 2023
  + stars: | 2023-11-22 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +3 min
New York CNN —Thanksgiving Day has looked different in recent years. Sights of people lining up at 5 pm Thanksgiving Day at large retailers to catch Black Friday deals are rare since the onset of the pandemic. Here’s what’s open and closed on Thanksgiving Day 2023. RetailTarget is closed on Thanksgiving Day. Brendan Smialowski/AFP/Getty ImagesPharmaciesMost Walgreens locations will be closed, marking the first time the pharmacy chain has closed stores on Thanksgiving day, it said.
Persons: Here’s, , Brian Cornell, We’ll, John Furner, Nordstrom, Brendan Smialowski, Tom Thumb, Kroger, Felix Mizioznikov, – CNN’s Jennifer Korn Organizations: New, New York CNN, Walmart, NBC, CVS, Getty, Walgreens, CVS Health, ., Aid, Foods, Albertsons, Safeway, Aldi, Costco, Nasdaq, New York Stock Exchange, UPS, FedEx Locations: New York, Washington ,, AFP, Brenham , TX, USA, Texas, Alamy
Morning Bid: Markets in a holiday mood
  + stars: | 2023-11-22 | by ( Lewis Krauskopf | ) www.reuters.com   time to read: +3 min
REUTERS/Brendan McDermid Acquire Licensing RightsNov 23 (Reuters) - A look at the day ahead in Asian markets from Lewis Krauskopf, markets correspondent. Markets were buoyant ahead of Asia trading and the Thanksgiving holiday in the U.S., with stocks resuming their massive rally this month that has been fueled by hopes of a more benign interest rate backdrop. Japanese markets were also set to be closed for a national holiday on Thursday. While speculation that the Bank of Japan could exit from negative interest rates early next year stands to help stabilize the yen, the Japanese currency still faces strong headwinds. Trading volumes were set to be subdued for the rest of the week with markets in the U.S. closed on Thursday.
Persons: Brendan McDermid, Lewis Krauskopf, Josie Kao Organizations: New York Stock Exchange, REUTERS, Nasdaq, Federal, Nvidia, Amazon, Microsoft, Nikkei, Reuters, Bank of Japan, Singapore CPI, Indonesia Central Bank, Thomson Locations: Santa Claus, New York City, U.S, Lewis, Asia, China, Beijing, Singapore
Still, in 2005, an M&M balloon swung out of control from sudden wind bursts and hit a light pole in Times Square, injuring two people. After that, city officials mandated anemometers — instruments that measure wind speed and direction — along the route. This year, the Metropolitan Transportation Authority had to schedule the installation of congestion pricing tolling equipment for after the parade. Orlando Veras, a Macy’s spokesman, declined to discuss the cost of the parade, saying only that it was the department store’s “gift to the city and the nation.”Ydanis Rodriguez, the transportation commissioner, said the city’s efforts were well rewarded. “The joy and the smiles that the Macy’s balloons inspire on Thanksgiving morning brings out the kid in everyone who watches this parade — and I am no different,” he said.
Persons: Orlando Veras, ” Ydanis Rodriguez, Organizations: Metropolitan Transportation Authority, Park
Minnesota Nice: The History of ‘Fargo’
  + stars: | 2023-11-21 | by ( Brian Tallerico | ) www.nytimes.com   time to read: +1 min
The Emmy-winning FX limited series “Fargo” returns Tuesday with a new season, its fifth, that stars Juno Temple and Jon Hamm and goes back to the basics: Minnesota cops, North Dakota bad guys and plenty of snow-covered landscapes. Created by Noah Hawley in 2014, “Fargo” is named after the Oscar-winning ’90s film by Joel and Ethan Coen and often repeats that film’s character archetypes: kind but determined police officers that echo Frances McDormand’s Marge Gunderson; greedy, conniving husbands like William H. Macy’s Jerry Lundegaard; and bumbling bad guys à la those played in the original film by Steve Buscemi and Peter Stormare. But the series takes as its inspiration the whole of the Coenverse, referencing and remixing characters, themes and aesthetics from films like “Raising Arizona,” “Miller’s Crossing” and “No Country for Old Men” — as well as “Fargo,” of course — in original stories the tend to center on the evil deeds of stupid men. It has been three years since the last season of “Fargo.” With the new one about to premiere and the other four available on Hulu, here is a look at the who, what, where and you betcha of “Fargo,” season by season.
Persons: , Juno Temple, Jon Hamm, Noah Hawley, , Oscar, Joel, Ethan Coen, Frances, Marge Gunderson, William H, Macy’s Jerry Lundegaard, Steve Buscemi, Peter Stormare Organizations: Hulu Locations: North Dakota, “ Fargo,
The 97th annual Macy’s Thanksgiving Day Parade will take place on Thursday, with over three million spectators expected to brave the early-morning cold for a view of the procession’s many floats, balloons and celebrity performers. This year, NBC has moved the broadcast up a half-hour to an 8:30 a.m. start. There will also be additional cameras stationed along the route for new angles of SpongeBob, Ronald McDonald and Bluey. Who will broadcast the event? The broadcast will air on NBC and livestream on Peacock beginning at 8:30 a.m.Savannah Guthrie, Hoda Kotb and Al Roker of the “Today” show will host the broadcast of the event, which ends at noon.
Persons: SpongeBob, Ronald McDonald, Bluey, livestream, Peacock, Savannah Guthrie, Hoda Kotb, Al Roker Organizations: NBC Locations: Savannah
The Best Black Friday Deals on Clothing and Shoes
  + stars: | 2023-11-17 | by ( Madeline Diamond | ) www.wsj.com   time to read: +7 min
By Madeline DiamondBlack Friday deals are already in full swing, and many of those markdowns are on clothing, shoes and accessories that we’ve tested and can recommend. Shop these items and a variety of active and loungewear made from recycled materials on sale now through Black Friday. NikeSave up to 60% on select clothing, shoes and accessories during Nike’s Black Friday sale. Black Friday handbag and accessories dealsCoachTake 25% off select full-price styles at Coach right now, and save even more on other sale items. Lo & SonsWe’ve recommended Lo & Sons’ travel bags in our stories on the best travel wallets and the best travel backpacks.
Persons: Madeline Diamond, Lo, Earth’s, loungewear, J.Crew J.Crew’s, Madewell, Nordstrom, REI, Cole Haan, Stuart Weitzman Stuart Weitzman, Zappos, it’s, We’ve Organizations: SCORE, Nike, Nordstrom, Vince, Black Locations: REI, men’s
The Shanghai Composite index edged 0.1% higher to 3,054.37. Taiwan’s Taiex gained 0.2% and the Sensex in Mumbai fell 0.1%. Wall Street’s stocks drifted to a mixed finish Thursday as market momentum slowed following the sizzling rally of the first half of November. The Dow Jones Industrial Average slipped 0.1% to 34,945.47, and the Nasdaq composite gained 0.1% to 14,113.67. Stocks in the oil-and-gas industry swooned after the price of crude tumbled sharply to its lowest level since July.
Persons: Seng, Kazuo Ueda, Ueda, Australia’s, Taiwan’s Taiex, ” Yeap Jun Rong, IG, Macy’s, Sonos, Stocks, Halliburton, Brent Organizations: Nikkei, Bank of Japan Gov, U.S, U.S ., Dow Jones, Nasdaq, Walmart, Cisco Systems, Marathon Petroleum Locations: HONG KONG, U.S, New York, Shanghai, South Korea, Mumbai
Social media’s antisemitism problemThe rise in antisemitism since the outbreak of war in the Middle East has ignited a clash between Wall Street donors and universities, and divided some workplaces. Now, the pressure is building on social media platforms, particularly Elon Musk’s X and TikTok, with advertisers, celebrities and influencers pulling spending and confronting executives about the proliferation of hate speech. He posted to X his support for white nationalist conspiracy theories that Jewish communities were spreading hatred. Yaccarino was brought in to win back advertisers after Musk bought Twitter last year and culled many content moderators. More than a dozen Jewish celebrities and creators, including the actors Sacha Baron Cohen, Debra Messing and Amy Schumer, confronted TikTok executives this week.
Persons: Elon Musk’s, Adolf Hitler, Musk, X’s, Linda Yaccarino, Yaccarino, “ Linda, ” Martin Sorrell, DealBook, TikTok, Sacha Baron Cohen, Debra Messing, Amy Schumer, “ Hitler, Anne Frank ”, Cohen, , Osama bin, bin Laden, , Alex Haurek, George Santos, Biden, Xi Jinping, Doug McMillon, Walmart’s, , ” Brian Cornell, Organizations: IBM, Media, America, Nazi Party, Apple, Oracle, Defamation League, Twitter, S4 Capital, House, Big, General Motors, Hyundai, Republican, Justice Department, Business, APEC, West Texas Intermediate, Consumers, Depot, Walmart Locations: TikTok, New York, Hong Kong, China, San Francisco, Beijing, Washington, U.S
group is organizing a boycott of Macy’s Thanksgiving Day Parade over performances by nonbinary Broadway actors, in the latest attempt to force companies to reverse course on social issues that some far-right groups consider too liberal. But the parade has long had close ties to Broadway, one of the most L.G.B.T.Q. The group, which is called One Million Moms, says it has drawn about 33,000 signatures in support of its boycott. But it appears to have overplayed its hand, said Scott Galloway, a professor of marketing at New York University Stern School of Business. “I think this is the easiest ‘no’ in the history of Macy’s,” Mr. Galloway said.
Persons: nonbinary, , Scott Galloway, Mr, Galloway, Organizations: nonbinary Broadway, Budweiser, Broadway, New York University Stern School of Business
Gap's closet cleanup begins to pay off
  + stars: | 2023-11-17 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Brendan McDermid Acquire Licensing RightsTORONTO, Nov 17 (Reuters Breakingviews) - Gap’s (GPS.N) new CEO is embarking on a closet cleanup. Shares in the U.S. apparel company leapt over 30% on Friday morning, a day after it unveiled third-quarter results. That reaction looks overdone, considering how overall net sales of $3.8 billion are still down 7% compared to last year, and earnings fell year-on-year. Same-store sales at sub-brand Old Navy for the quarter were up 1% year-on-year, the first quarterly increase in over two years. The company might even use that tailwind to revive its scrapped plans to separate Old Navy into a stand-alone company.
Persons: Brendan McDermid, That’s, Richard Dickson, Barbie, Sharon Lam, John Foley, Aditya Sriwatsav Organizations: REUTERS, Rights TORONTO, Reuters, Navy, Mattel, Banana Republic, X, Walmart, Thomson Locations: midtown Manhattan, New York, U.S, China
Shoppers are seen outside Macy's in the Manhattan borough of New York City, New York, U.S., March 30, 2021. REUTERS/Caitlin Ochs Acquire Licensing RightsNov 16 (Reuters) - Macy's (M.N) on Thursday reported an improvement in margins and a lower-than-expected drop in quarterly sales, sending its shares 10% higher in premarket trading. The Bloomingdale parent said its gross margins improved 160 basis points in the third quarter due to lower markdowns within the Macy’s brand, as well as easing freight charges. The U.S. department store operator's net sales fell 7.1% to $4.86 billion in the third quarter ended Oct. 28, while analysts' had estimated a 7.9% drop to $4.82 billion, according to LSEG data. The company logged an adjusted net income of $59 million, or 21 cents per share, from $143 million, or 52 cents per share last year.
Persons: Caitlin Ochs, Savyata Mishra, Sriraj Organizations: REUTERS, Bloomingdale, Thomson Locations: Manhattan, New York City , New York, U.S, Bengaluru
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