Terry Lundgren

Macy’s Disappointing Q3 Sales, Forecast Sends Shivers to Retailers’ Shares


New York—Macy’s Inc. today lowered its full year forecast after reporting third quarter sales and comp stores sales below … [Read more...]

Macy’s Announces Plans for 35 to 40 Store Closings

Macy's Herald Square

Cincinnati—Although specifying that soon-to-be closed Macy’s stores represent only 1% of the department store company’s total, … [Read more...]

Macys.com Launches Alliance to Provide Independent Designers an Outlet


New York—Determined to attract yet another generation to its department store business, Macy’s today announced the launch of a … [Read more...]

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


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


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


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


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...]