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Macy’s to Build Major New Fulfillment Center

In eCommerce, Industry News, What's New by Accessories StaffLeave a Comment

Cincinnati, OH—Macy’s, Inc. today announced it will build a major new direct-to-consumer fulfillment center near Owasso in Tulsa County, Oklahoma, to support continued sales growth driven by Macy’s omnichannel strategy. Construction of the 1.3 million-square-foot, $170 million facility is expected to begin in spring 2014, with operations starting in April …

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Macy’s Inc. Q3 Profit, Sales Better-Than-Expected

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York—Macy’s Inc. rebounded today after posting a “disappointing” second quarter earnings in August. Today, the department store company boasted a 31% increase in its third quarter profit, beating expectations. “Our business improved during the quarter, with particular strength in October, so we are entering the fourth quarter with confidence,” …

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Bloomingdale’s Gould to Step Down, Tony Spring to Succeed as CEO

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People

New York—Michael Gould, the veteran retail executive who has guided Bloomingdale’s for the past 22 years, will soon leave. Replacing him as chairman/ceo will be Tony Spring, currently Bloomingdale’s president/chief operating officer, Macy’s Inc. said today. “Leading this great brand and organization to a new level of success over two …

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Macy’s Inc. Lowers Full Year Outlook on Disappointing Q2 Results

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department store also lowered its full year outlook due to the prospect of softer sales, a move that pushed its shares down in trading. For the quarter ended August 3, the parent to Macy’s and Bloomingdale’s stores …

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Accessories Magazine’s 2013 Merchants Hall of Fame Inductees

In Features, Merchants Hall of Fame, People, Profiles, What's New by Accessories StaffLeave a Comment

Features

New York—Accessories Magazine is proud to announce the 3rd round of inductees into its annual Merchants Hall of Fame. The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the …