by Mike Duff | Aug 19, 2024 | Retail Articles
The best of Italy is coming to the United States via Bloomingdale’s, the retailer declared, as part of a two-month promotion including products in home, beauty, apparel, accessories and fine jewelry. “From Italy, With Love” launches September 5 at...
by Mike Duff | Jul 15, 2024 | Featured News, Retail Articles
After months of discussion, Macy’s announced its board of directors unanimously voted to terminate the company’s engagement with Arkhouse Management Co. and Brigade Capital Management about a possible acquisition. Arkhouse and Brigade failed to make an actionable...
by Mike Duff | May 21, 2024 | Featured News, Retail Articles
Macy’s pointed to gains from an operating investment strategy starting with its top 50 stores in beating Wall Street estimates on first-quarter sales and revenues despite declines in both metrics. Net income was $62 million, or 22 cents per diluted share, versus $155...
by Mike Duff | Feb 5, 2024 | Retail Articles
In connection with its leadership succession plan made public on March 29, 2023, Macy’s has announced that Tony Spring has taken over the CEO role at the company, succeeding Jeff Gennette, who is retiring. Gennette will continue as chair of the Macy’s board until the...
by Chandler Harvey | Jan 26, 2024 | Featured News, Retail Articles
Small-store strategies have proven popular with a number of major retailers. Macy’s, for one, has been particularly adamant about the importance of limited size and limited assortment in full-priced stores, seeing the opportunity to draw new customers to locations...
