Macy’s Names Krishna Chief Technology Officer
Macy’s has named Naveen Krishna as its new chief technology officer, effective June 16.
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Macy’s Acquires Minority Stake In b8ta
Macy’s has acquired a minority stake in b8ta and will use the latter’s software platform to scale The Market @ Macy’s concept launched earlier this year.
Macy’s CEO Eyes Further Growth Of Backstage Concept
Macy’s CEO Jeff Gennette is bullish on his company’s Backstage off-price retail concept.
Macy’s Appoints Price Chief Financial Officer
Macy’s has appointed Paula Price chief financial officer, effective July 9, 2018.
Macy’s Lifts Outlook After Solid First Quarter
Macy’s raised its outlook for the fiscal year after a solid first quarter, signaling that the retailer’s growth strategies seem to be taking hold after several downbeat quarters.
Hudson’s Bay Appoints LeFebvre Lord & Taylor President
Hudson’s Bay has appointed Vanessa LeFebvre as president of Lord & Taylor.
Actions Speak Louder Than Buzzwords
Let me start by admitting I’m party to the proliferation of certain buzzwords dominating retailing talk these days.
Macy’s Expands Star Rewards Program
Macy’s is expanding its Star Rewards program, which will now be open to all customers, regardless of how they pay for their purchases. Additionally, all Star Rewards members will enjoy new benefits, including Star Money Days, Perks & Offers, and a Birthday Surprise.
Macy’s Acquires Story Concept Store
Macy’s has acquired Story, a concept store based in New York City.
Macy’s Expanding Backstage Retail Concept
Macy’s is opening a dedicated Backstage distribution center in Columbus, OH, in fall 2019 to support the expansion of the off-price retail concept, which recently entered markets in the Northwest and Southeast of the U.S. for the first time.
Macy’s Expanding Martha Stewart Collection
The Martha Stewart brand at Macy’s is growing with the debut of several new collections that include housewares, linens and food.
Macy’s Longtime CFO Retiring
For 21 years, Karen Hoguet has served as Macy’s chief financial officer. But Hoguet is calling it a career, announcing her retirement effective February 2019.
Macy’s Rolls Out Mobile Pay, Furniture VR Initiative
Macy’s is rolling out two new digital initiatives that officials with the department store retailer feel will help boost the shopping experience for its customers.
Macy’s Pushes Growth Strategy To Build On Gains
In a fourth quarter conference call discussing a period when the retailer’s earnings beat Wall Street expectations, Jeffrey Gennette, Macy’s chairman and CEO, outlined how the company is executing its North Star growth strategy.
Macy’s Gains Momentum In Solid Q4
Macy’s reported a solid fourth quarter, with net sales and net income rising.
Is Overstock An Off-Price, Opportunity Buy?
The announcement last month that Overstock.com wants to sell its retail business should surprise few.
Macy’s Holiday Comp Sales Up, More Store Closures Coming
Macy’s saw a slight increase in comparable store sales over the holiday shopping season, with the retailer also announcing that it will close 11 stores in the coming weeks.
Macy’s Names Ramsey Chief Product/Digital Revenue Officer
Macy’s has taken another step to bridging its store and digital operations with the hiring of Jill Ramsey as the retailer’s chief product and digital revenue officer.
Macy’s Lundgren To Retire
Terry Lundgren will leave Macy’s early in 2018 as the retailer’s executive chairman will retire from the board of directors.
Macy’s To Add 7,000 Seasonal Associates
After strong traffic in stores to start the holidays, Macy’s plans to hire an additional 7,000 seasonal associates for positions at its stores nationwide for the season.