by Mike Duff | Mar 15, 2024 | Retail Articles
Faced with a proxy fight, Macy’s announced the nomination of Douglas Sesler, founder and president of Fair Street Partners, to stand for election to the company’s board of directors at its 2024 annual meeting of shareholders. Arkhouse Management Co. has nominated a...
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 | Nov 16, 2023 | Retail Articles
Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
by Mike Duff | Aug 17, 2023 | Retail Articles
Macy’s has appointed Massimo Magni chief customer and digital officer to guide the company’s web-based strategy. In his role, Macy’s stated, Magni will align customer-centric strategies that leverage data and analytics to enhance consumer shopping across touchpoints...
by Mike Duff | Jun 27, 2023 | Retail Articles
Bluemercury headquarters is moving closer to parent Macy’s offices, as the beauty and spa services operation shifts management to New York City from the Washington D.C. metro area, where it was founded in 1999. Bluemercury will vacate its current office in Bethesda,...