Turnaround well under way
Macy’s Acquires Concept Retailer STORY in Efforts to Enhance Consumer Experience
Pop-up queen Rachel Schechtman is now popping up at Macy’s
Macy’s Launches Mobile Checkout and In-Store Tech to Enhance Shopping Experience
Macy’s goes high tech.
Macy’s Veteran Karen Hoguet CFO to Step Down; Transition Under Way
Will remain in advisory role
Macy’s Turnaround Takes Shape as Q4 Earnings Exceed Expectations
And now for some good retail news: Macy’s has released its fourth-quarter earnings and they beat out analyst projections.
Macy’s New Verona Collection to Feature Hijabs and Modest Fashion
Macy’s is rolling out Verona Collection, a modest clothing brand and 2017 graduate of The Workshop at Macy’s, the retailer’s minority- and women-owned business development program founded in 2011
Macy’s Welcomes Indie Brands with ‘Market at Macy’s’ In-Store Pop-Up Concept
Macy’s has joined the ranks of department opening its arms to more indie brands. “The Market @ Macy’s” pop-up shop-type concept gives space on Macy’s main floor to a handful of brands and companies in 10 locations initially. Participating brands pay a one-time fee for the space and then get to …
Got Those Dog Accessories Ready! The Chinese ‘Year of the Dog’ Kicks Off in Feb
According to the Chinese Zodiac, 2018 is the year of the Dog and its characteristic word is ACTION! Chinese Lunar New Year kicks off on Friday, February 16, 2018, and the fashion/retail industry is taking notice, appealing to Chinese and Chinese-American consumers, as well as anyone who wants to celebrate this year …
Department Store Q3 Roundup: How Nordstrom, Macy’s & Kohl’s Performed
It was a tumultuous fall, with natural disasters and hurricanes across the U.S. that hit sales hard on an already-struggling category. Macy’s and Kohl’s both saw steep declines, and Nordstrom shares took a hit as sales stalled in its growth engine, Nordstrom Rack.
Anna Sui x INC Launches Collection with Soiree in NYC
Last night, Anna Sui and INC International Concepts celebrated the launch of their Fall/Winter 2017 collaboration with a party at The Heath at The McKittrick Hotel in New York City.
Macy’s Snags eBay Exec as New Prez; Eliminates 100 Jobs
In efforts to boost lagging performance and be a more agile retailer, Macy’s has nabbed a former eBay executive as its new president, simplified its merchandising organization and enhanced focus on its data analytics capabilities. About 100 jobs will be eliminated as a result. Macy’s stock has plunged 45% this past …
Macy’s & Kohl’s Beat Estimates, Dillard’s Loss Surprises
Retail Q2 earnings are trickling in, and the industry watches closely what some of the biggest have to report. Macy’s results beat out Wall Street, but a downbeat outlook still caused Macy’s shares to fall. Kohl’s Q2 came in high, while Dillard’s came in low. A look: MACY’S: Estimates: In …
Over 30,000 Demand Macy’s Drop Ivanka Trump Line after Washington Post Ousts Labor Conditions
Earlier this month, The Washington Post released an article investigating labor conditions at Ivanka Trump’s fashion brand. The report revealed that Trump’s company relies exclusively on factories in countries like Bangladesh, Indonesia and China, where low-wage laborers have limited ability to advocate for themselves. Despite a rising industry trend to …
Macy’s: What’s in Store for Holiday ’17
It’s 90 degrees and sweltering in New York City, so that can only mean one thing: Xmas in July! This month kicks off a bunch of retailer previews featuring upcoming holiday trends, exclusive collections, designer collaborations and holiday spirit! Today, walk with us through Macy’s holiday offerings, held at its …
How Retail Tackled Amazon Prime Day
Retail is still feeling the aftershock of the cataclysmic event that was Amazon Prime Day. The e-tailer’s sales shattered its own company records, with numbers climbing by more than 60% from last year and surpassing its Black Friday and Cyber Monday sales.
MACY’S FULL-YEAR GROSS MARGIN COULD SLIDE LOWER THAN 2016’S
It’s only halfway through 2017, but for Karen Hoguet, CFO of Macy’s Inc, it’s wise to assume that the year won’t end with a bang.
MACY’S AND KOHL’S BOTH MISS EXPECTATIONS IN Q1
Macy’s and Kohl’s both released Q1 reports, and the results continued to show how difficult retail is, at all tiers.
MACY’S CELEBRATES 7TH ANNUAL VENDOR WORKSHOP
Macy’s CEO and President Jeff Gennette turned out to celebrate the 2017 class of The Workshop at Macy’s with an event at the Herald Square flagship. Now in its seventh year, The Workshop at Macy’s is a free, week-long intensive exclusive retail vendor development program for high-potential minority and/or women business …
MACY’S ROLLS OUT SELF-SERVE SHOE DEPARTMENTS TO CUT STORE COSTS
With almost a hundred store closings planned and on the auction block, it’s no secret that Macy’s is in decline. And now that struggle has hit the merchandising level. In an attempt to cut store costs, Fortune reports that smaller and mid-sized Macy’s stores will implement self-serve shoe departments, calling …
POSSIBLE HUDSON’S BAY / MACY’S TAKEOVER? INDUSTRY THOUGHT LEADERS WEIGH IN
As rumors continue to swirl about a possible Hudson’s Bay takeover of Macy’s, the industry has plenty to say about it. Here, a few thoughts from three key industry experts and thought leaders.