Macy's Inc.


Macy’s Inc. Q4 Profit, Sales Top Estimates

Macy's lets the cat out of the box: the department store now ships to more than 100 countries worldwide thanks to a partnership with FiftyOne Global Ecommerce.

New York—While Macy’s Inc. may have reported a 2% decline today in its fourth quarter profit, the department store giant posted … [Read more...]

January Comp Sales Rise, Easily Beating Forecasts

JANretail

New York—Whether it was the U.S. Congress finally averting the so-called fiscal cliff in early January, a spate of Arctic cold … [Read more...]

Macy’s Inc. Shuffles Administrative Executives

Macy's Inc.

Cincinnati—Following up on the news that Thomas Cole, chief administrative officer at Macy’s Inc., is retiring after 41 years, the … [Read more...]

Good Tidings: December Comp Sales Better Than Expected

Even post-Christmas shopping helped some retailers beat sales forecasts. Others weren't so lucky.

New York—Despite unpredictable weather and politics in Washington, retailers managed to beat what had been lowered expectations … [Read more...]

Sandy Dampens November Comp Store Sales Reports

Saks Fifth Avenue's flagship Fifth Avenue store boarded up and closed as Hurricane Sandy crashed into the New York metro area on Oct. 29.

New York—Thankfully, many U.S. retailers reported today that their holiday shopping seasons, particularly since Thanksgiving, are … [Read more...]

Macy’s Inc. Q3 Profit, Sales Rise; Optimistic on Q4

Macy's Herald Square

New York—Macy’s Inc. reported today that its third quarter profit increased 4.3% and that despite the negative impact of … [Read more...]

October Retail Comps Up; Sandy Effects Yet to be Felt

A boarded up Saks Fifth Avenue flagship on Fifth Avenue in the aftermath of Hurricane Sandy. Saks, along with other retailers, have mostly reopened stores in New York City.

New York—While October retail comparable store sales increased nearly 5%, some retailers cautioned today that their November—and … [Read more...]

New York’s Fashion District Paralyzed After Deadly Storm

Boarded up stores near South Street Seaport which sustained heavy flooding.

New York—As the last vestiges of what was once the mighty Hurricane Sandy linger, metropolitan New York City is trying to recover … [Read more...]

Superstorm Sandy Wrecks Havoc on Retail, Too

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New York—Two days prior to Halloween the superstorm known as Sandy is bearing down on New York, New Jersey, Delaware and … [Read more...]

September Retail Comp Sales: Solid, not Stellar

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New York--With their back-to-school sales in their final month, and gearing up for fall and holiday merchandise, retailers … [Read more...]

Holiday Hires on the Increase at Macy’s Inc.Too

Like a growing number of retailers this year, Macy's Inc. is planning to hire more seasonal workers for the holiday period.

New York—The nation’s stubbornly high unemployment rate may see some easing the next couple of months thanks to an increase in … [Read more...]

August Comp Sales Better than Expected

Lady Gaga made an appearance shopping in New York City for back to school.

New York--Nearly all U.S. retailers posted better-than-expected sales gains in August at comparable store sales as parents and … [Read more...]