Terry Lundgren


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...]

Macy’s Inc. Announces Cost-Cutting, 2,500 Layoffs

Macy's Inc.

Cincinnati—Macy’s Inc. released several pieces of news late Wednesday. For one, the department store company posted a comparable … [Read more...]

Macy’s to Build Major New Fulfillment Center

Macy's Inc.

Cincinnati, OH—Macy's, Inc. today announced it will build a major new direct-to-consumer fulfillment center near Owasso in Tulsa … [Read more...]

Macy’s Inks Deal for Thalía Fashion Brand

Entertainer Thalia will be adding fashion designer to her resume

New York—Looking to expand on the growing Latino fashion market, Macy’s announced last week that it had signed a multi-year … [Read more...]

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

Macy's Herald Square

New York—Macy’s Inc. rebounded today after posting a “disappointing” second quarter earnings in August. Today, the department … [Read more...]

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

Michael Gould, Tony Spring

New York—Michael Gould, the veteran retail executive who has guided Bloomingdale’s for the past 22 years, will soon leave. … [Read more...]

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

Macy's Inc.

New York—Macy’s Inc. today reported “disappointing” second quarter earnings with weaker-than-expected profits. The department … [Read more...]