Terry Lundgren


Macy’s Q1 Earnings Fall Short

Macy's Herald Square

Macy's Q1 earnings fell short of last year's, disappointing investors. For the 13-week period ended May 2, 2015, earnings were 56 … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

macy's

Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]

Macy’s Inc. Expects 2014 Earnings to Exceed Previous Forecast

Macy's Inc.

Cincinnati—Macy’s Inc. provided a preview today of its fourth quarter and full 2014 earnings report, one that promises to be … [Read more...]

Macy’s Inc. Merging Store and Online Buying, Closing 14 Stores

Macy's

New York--Macy’s and Bloomingdale’s are restructuring their merchandising and marketing teams to combine online and in-store … [Read more...]

Macy’s Inc. Cuts Forecast After Disappointing Q3 Sales

macy's

New York—Good news, not-so-good news in Macy’s Inc.’s third quarter earnings report released today. The department store group … [Read more...]

Macy’s, Bloomingdale’s to Open Stores in Middle East

Bloomingdale's first store in Dubai

Cincinnati—There’s one good way to beat the baffling U.S. retail market, expand internationally. And where better than a region … [Read more...]

Macy’s Inc. Outlines Omnichannel Strategies, Including Apple Pay

macy's

Cincinnati—Macy's, Inc. today outlined its latest advancements in omnichannel strategy and technology as the company continues to … [Read more...]

Macy’s Lowers Full Year Forecast Due to Effects of Winter

Macy's Herald Square

New York—Despite a 3.3% rise in its second quarter sales, Macy’s Inc. today lowered its full-year sales outlook, saying it was … [Read more...]

Macy’s Q1 Profit Edges Up Despite Sales Chill

Its annual American Icons promotion is in full swing at Macy's stores

New York—Winter storms in much of its selling areas may have chilled its first quarter sales, but Macy’s Inc. today still managed … [Read more...]

Week in Review: Not-to-Miss Online Articles

coldwater

New York—Speculation (and rumor) like to run rampant especially in the fashion industry. Even though last Tuesday was April 1, … [Read more...]

Macy’s CMO Named as Macy’s Inc. President

Macy's Inc.

Cincinnati—Jeffrey Gennette, who has served as Macy’s chief merchandising officer for the last five year, was elected president of … [Read more...]

Despite January Chill, Macy’s Posts 11% Q4 Profit Increase

Macy's

New York—Despite a polar vortex, snows storms that closed 244 stores and a highly promotional holiday season, Macy’s Inc. today … [Read more...]