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Citing Disappointing Holiday Sales, Macy’s to Eliminate 3,000 Employees

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

New York—Blaming warmer-than-usual weather for disappointing holiday sales, Macy’s Inc. today announced a series of store closures and job cuts in a cost-cutting initiatives. Macy’s plans to close 36 of its 770 existing Macy’s stores early this spring, on top of the four stores it closed late last year. Some 3,000 associate …

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Accessories Honors 2016 Merchants Hall of Fame Inductees

In Merchants Hall of Fame, People, Reports, Retail News, What's New by Accessories StaffLeave a Comment

 New York—Accessories magazine proudly presents the 2016 class of its annual Merchants Hall of Fame! The recipients were selected by the vendor and retailing community for their exceptional retailing expertise and business/fashion acumen. Each received a full-page profile in Merchants Hall of Fame section in the January/February 2016 issue of Accessories. …

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Reports from the Shopping Cart: Retailers Speak Up about Black Weekend

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Washington and New York—Mixed reports about Black Weekend shopping came in this morning as retailers, analysts and trade associations relayed statements about sales. Some reported strong foot traffic even on Thanksgiving night. Others says traffic is for in-store sales and that Cyber Monday may actually wind up being the strongest …