Macy’s beat a second-quarter Wall Street earnings estimate, but comparable sales slipped as the company prepares for the upcoming holidays by fortifying its home product assortment. Net income was $150 million, or 53 cents per diluted share, versus a net loss of $22...
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...
Macy’s has promoted Sabina Israelian-Garcia to senior vice president, general merchandising manager of Home, Foods and Toys. She most recently served as Macy’s vice president and divisional business manager of Big Ticket but has also held leadership roles in Home,...
Qurate Retail Group has appointed Mara Sirhal chief merchandising officer for QVC U.S., the company’s largest business unit. Before moving to QVC, Sirhal (pictured above) was chief merchant and brand officer for Saks Off 5th, for which she led the merchandising,...
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...
