Macy’s CEO says stimulus checks and vaccinations are helping sales

March 31, 2021

Macy’s CEO Jeff Gennette attributes an increase in sales partly to the availability of COVID-19 vaccines and stimulus checks from the federal government. “They’re younger, they’re more diverse,” Mr. Gennette said of new shoppers at Macy’s. “The good news is that the core customer … trend is improving as they start to get the vaccination. [We’re] starting to see the activity digitally and in the stores.”

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.