by Mike Duff | Mar 6, 2025 | Retail Articles
Macy’s ‘First 50’ namesake stores continued sales progress in the fourth quarter as its luxury brands, Bloomingdale’s and Bluemercury, made significant comp gains. Net income was $342 million, or $1.21 million per diluted share, versus a loss of $128...
by Mike Duff | Feb 10, 2025 | Retail Articles
Macy’s promoted 37-year company veteran Barbie Cameron to chief stores officer, reporting to Adrian Mitchell, the retailer’s COO and CFO. Cameron most recently served as the senior vice president and regional director of stores, East Region. She had become the...
by Mike Duff | Jan 23, 2025 | Retail Articles
Coresight Research has issued its predictions for 2025 store openings and closures by sector in the United States, with store closures up to about 15,000 and store openings steady at 5,800. Closures announced late in 2024 and early in 2025 by Party City, Big Lots,...
by Mike Duff | Jan 14, 2025 | Retail Articles
In previewing early fourth-quarter results, including the 2024 holiday season, Nordstrom came out ahead of Macy’s, which still made some notable gains. In discussing the early results, Macy’s touted the strength and upcoming expansion of its First 50 remodeled stores...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
