Retail group seeks government-backed loans to weather coronavirus hit [Reuters]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Reuters
Retail group seeks government-backed loans to weather coronavirus hit March 18 (Reuters) - A retail industry group has asked the White House for a direct, government-backed loan program to help the industry combat the fallout from the coronavirus pandemic, which has dampened customer spending. The National Retail Federation (NRF) in a letter to U.S. President Donald Trump, among others, said on Wednesday retail workers would be burdened with rents and loan payments if no sales are made for weeks, with cumulative losses that could amount to tens of billions of dollars a week. ( bit.ly/3d8wYch ) The pandemic, that first originated in China last year and spread to the United States, has also affected airlines, cruise operators and the travel industry. The stimulus package sought by the Trump administration, also includes $50 billion for airlines facing bankruptcy and a possible $1,000 direct payment to individual Americans. The Trump administration pressed on Tuesday for enactment of a $
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News
- Levi & Korsinsky Announces an Investigation on Behalf of Macy's, Inc. (M) Shareholders Who May Have Been Affected by FraudAccesswire
- Bronstein, Gewirtz & Grossman, LLC Encourages Macy's, Inc. (M) Stockholders to Inquire about Securities InvestigationAccesswire
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- Black Friday triggers more than 600% rise in attempted retail cyber scams [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky Announces an Investigation on Behalf of Macy's, Inc. (M) Shareholders Who May Have Been Affected by FraudAccesswire
M
Earnings
- 8/21/24 - Beat
M
Sec Filings
- 11/26/24 - Form 8-K
- 11/26/24 - Form 4
- 11/25/24 - Form 8-K
- M's page on the SEC website