Macy's Inc.


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

Shopping

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...]

Macy’s Inc. Q2 Beats Expectations

Rendering of the remodeled Macy's Herald Square shoe department, which will be the world's largest.

Cincinnati,OH—Macy’s Inc. reported today that its second quarter profit was up 16% as sales increases beat analysts’ … [Read more...]

July Retail Comp Sales Give Surprising Results

Do July comparable store sales indicate good things for the back to school season?

New York—Credit the stifling temperatures in many parts of the nation that sent consumers indoors seeking refuge in the cool of … [Read more...]

JCPenney’s Johnson: “We’re Sticking to Our Plan”

Attention Getter: Ron Johnson, JCPenney's CEO

Aspen, CO—Despite layoffs, controversy over eliminating coupons in favor of a everyday low price strategy, a marketing misfire, … [Read more...]

A “Volatile” June Makes for Disappointing Sales Comps

Retail Sales

New York—A combination of bad weather mixed with “stagnant” macroeconomic pressures created a recipe for a disappointing June at … [Read more...]

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