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...
by Mike Duff | Mar 31, 2023 | Retail Articles
As it continues its geographical expansion, At Home has announced the opening of two new stores in the Midwest. A new At Home Store in the Chicago suburb of Arlington Heights, IL, operates in about 100,000 square feet and provides a wide selection of products that are...
by Mike Duff | Mar 29, 2023 | Featured News, Retail Articles
After 40 years with the company, Macy’s chairman and CEO Jeff Gennette has announced plans to retire in February 2024, in a move that will trigger a succession plan that will make Tony Spring, now executive vice president and Bloomingdale’s chairman and CEO, Macy’s...
by Mike Duff | Mar 2, 2023 | Retail Articles
Macy’s beat a Wall Street earnings estimate as comps fell at its namesake banner but gained at its Bloomingdale’s and Bluemercury operations. Net income for the quarter was $508 million, or $1.83 per diluted share, versus $742 million, or $2.44 per diluted share, in...
by Mike Duff | Nov 17, 2022 | Retail Articles
The luxury customer gave Macy’s a boost in the third quarter as the company’s prospects evolve given opportunities to leverage its upscale store concepts and execute against its omnichannel strategy with a mix of online and brick-and-mortar initiatives. Net income was...