
A national survey and peer review program from The Values Institute has anointed Amazon as America’s most trustworthy brand.
A national survey and peer review program from The Values Institute has anointed Amazon as America’s most trustworthy brand.
Macy’s is expanding its same-day delivery service of products purchased online at macys.com, bloomingdales.com and both brands’ mobile apps.
Macy’s is making organizational changes, including the appointment of Hal Lawton as president, and is restructuring its merchandising operations.
Sensio and Macy’s are teaming to raise the profile of the department store’s exclusive Crux brand of small electrics with the launch of the “Copperstyle Your Kitchen” sweepstakes.
Macy’s beat analyst estimates, and asserted that it was making progress on its performance, although sales and comps continued to decline in the second quarter.
The National Retail Federation has elected Macy’s executive chairman Terry Lundgren chairman of its board of directors.
Michelle Israel has been promoted to lead Macy’s Backstage and Bloomingdale’s The Outlets off-price divisions, according to a report by WWD. She will hold the title of senior vice president overseeing both divisions.
If imitation is indeed the most sincere form of flattery, then there are a few retailers that should feel good about themselves.
Macy’s has appointed Yasir Anwar to the role of evp/chief technology officer. The retailer said the move is part of a broader restructuring of its technology team to expand its capabilities and further drive mobile and digital growth.
The 41st annual Macy’s 4th of July Fireworks event will showcase a 25-minute display featuring never-before-seen shells and effects.
Macy’s recently celebrated Asian Pacific American Heritage Month with chef Kristen Kish. Kish, the winner of Bravo’s “Top Chef” Season 10, hosted in-store events at six Macy’s stores across the country, highlighting the Asian food experience with special tastings and more.
As Macy’s continues working to stabilize its brick-and-mortar operations, the company reported a drop in comparable store sales in the first quarter.
There’s no retail apocalypse, but long-standing retailers need to find new ways to stay relevant with today’s modern consumers.
Facing competitive headwinds from e-commerce and closeout retailers, Macy’s new CEO Jeff Gennette is focused on growing the company’s core business while also expanding the department store’s efforts in the digital space.
A retail revolution is happening before our eyes as the ever-changing purchase habits of consumers continue to rattle the cages of many brick-and-mortar retailers.
The Jeff Gennette era at Macy’s has officially begun as the department store’s board of directors unanimously elected the retail veteran as the company’s new chief executive officer.
The retail news the first few weeks of 2017 has been less than rosy as reports of soft sales, store closures and even a bankruptcy filing have dominated the headlines.
For the fiscal fourth quarter ended January 28, Macy’s recorded company net income of $475 million, or $1.54 per diluted share, versus $544 million, or $1.73 per diluted share, in the year-prior period.
Has the “For Sale” sign gone up at Macy’s?
Despite overall holiday sales growth, some retailers continue to struggle. Perhaps what they need is some old-school retailing to drive sales.