Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Macy's Traffic Shows Signs of Stabilizing, Report Says -- Market Talk

Macy's Traffic Shows Signs of Stabilizing, Report Says -- Market Talk

Dow JonesDow Jones2026/08/18 17:22

1322 ET - Traffic trends at Macy's are starting to stabilize, offering signs that the chain's strategy of deepening visits at a smaller, upgraded fleet of stores is helping, a recent Placer.ai report says. Macy's year-over-year visit decline narrowed to 3.6% in 2Q, marking a meaningful improvement from 1Q even though it has steadily closed stores, the report says. On a monthly basis, same-store visits slightly outpaced overall visits, suggesting traffic declines are easing at established locations as Macy's continues to streamline and upgrade its fleet, Placer.ai says. By July, same-store visits were just 0.4% below year-ago levels, the report says. "For a chain that has already shown it can grow sales per visit, stabilizing traffic represents an important foundation upon which to build further," the report says. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

August 18, 2026 13:22 ET (17:22 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!