The best sales to shop this weekend: Wayfair, Macy's, Apple and more
Friday, 23 April 2021, 17:46:32
This weekend, you'll find a deal on Apple's AirPods Max, a discounted Nebula Capsule Max and savings at Macy's Friends & Family Sale. All that and more below.
Volta and Macy's Expand Electric Vehicle Charging Stations
Thursday, 22 April 2021, 11:30:00
NEW YORK , April 22, 2021 /PRNewswire/ — Volta, the industry leader in commerce-centric electric vehicle charging networks, today announced the expansion of its partnership with Macy's to offer free charging to its customers at dozens of locations nationwide. Contributing to Macy's published commitment to sustainability, Volta will continue deploying its electric vehicle charging services at key Macy's properties. With approximately 100 Volta charging stations already installed at nearly 40 locations, Macy's will expand this environmentally friendly convenience by more than 50 percent this year, adding 20 locations with many more to come. In 2014, Volta and Macy's kicked off a partnership that has exceeded expectations by all measures. Over the past seven years, Macy's and Volta have powered more than 7.6 million miles with zero tailpipe emissions. The partnership has further offset an estimated 3.4 million pounds of CO 2 emissions, delivered 2.2 million kWh and saved 305,100 gallons of gas through hundreds of thousands of charge sessions.
Macy's is offering its lowest prices of the season and the deals are stacked—what to shop
Thursday, 8 April 2021, 01:45:05
Macy's is offering its lowest prices of the season right now, with big-time discounts on top brands such as All-Clad, Cuisinart and more—get the details.
— USA Today
Macy's CEO: COVID-19 vaccines and stimulus checks have been good for business
Wednesday, 31 March 2021, 20:47:47
Summary List Placement The rollout of COVID-19 vaccines and stimulus checks have been positive developments for Macy's, CEO Jeff Gennette told CNBC on Tuesday. “When we all look at what happened with the stimulus package, you know that's been an accelerant to our business,” Gennette said on CNBC's Mad Money. “It's a big difference from where we were in the fourth quarter and in 2020.” Last week, the Treasury Department, IRS, and Bureau of Fiscal Service said it had sent out 127 million of the $1,400 stimulus checks meant to support the economy amid the pandemic downturn. Macy's has also been benefiting from the boom in online shopping during the pandemic. Online sales rose 54% in February compared to a year earlier , Linda Kirkpatrick, president of North America at Mastercard, previously told CNBC. Online sales for clothing now account for around three-fourths of all clothing purchases in the US, increasing 47% from a year ago, she said. Meantime, the number of Americans vaccinated for the coronavirus has been steadily rising. “That's clearly the vaccine starting to take root, we're still taking a conservative view to this year.
— Business Insider
Retail Stocks Set The Stage For Strong 2021, And Maybe This Leveraged ETF
Monday, 29 March 2021, 14:23:35
If the past year has illustrated anything about the U.S. economy, it’s that most Americans are still willing and eager to spend their money on necessary or luxury items, even in times of great uncertainty and stress. According to consumer spending data from the U.S. Bureau of Economic Analysis, personal consumer outlays on goods and services dipped substantially in the second quarter of 2020 as the COVID-19 pandemic shook the world, only to recover to about 2019 levels in the second half of the year. While initial spending data from 2021 has been mixed, with strong January sales mitigated by a pullback in February, analysts remain optimistic consumers will continue to spend as they look forward to a gradual reopening of the economy and continue to work through the two stimulus checks many received in the past three months. This is not, of course, a wholesale indication of the strength of the economy. It is, however, a signal that the retail sector is well situated for a potentially record-setting year as consumers return to some semblance of normalcy with the confidence that a few hundred dollars tend to instill in most people.
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