Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

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Macy's reports 15% revenue growth, cautious about consumer trends

Macy's is navigating through uncertain periods, maintaining a focus on customer service and business improvement. The company used a scientific approach to guide their second quarter and full-year projections, considering one-year CAGR, two-year CAGR, and 2019 data.

Macy's reports Q2 sales decline, focuses on strategic growth initiatives

Macy's Q2 performance saw declines in net sales but emphasized strategic initiatives for revenue growth and agility in inventory management. Challenges in achieving profitability were acknowledged, but opportunities in cost savings and small-format stores were highlighted.

Macy's reports Q3 decline, highlights strengths and growth opportunities

Macy's Q3 2023 earnings call revealed a decline in net sales, with notable strengths in specific categories and a focus on growth opportunities through strategic initiatives. The company also addressed challenges and provided insights into its future outlook and leadership transition.

Macy's reports solid Q4 earnings, focuses on growth strategies

Macy's navigated challenges in Q3 and Q4, learning from gifting success and focusing on long-term growth drivers.
Strategic investments in private brands, off-mall stores, and marketplace expansion position Macy's for future success.
Despite macro pressures and consumer dynamics, Macy's remains committed to sustainable growth through margin expansion.
Digital capabilities and personalized pricing initiatives are key focus areas for Macy's to drive growth and enhance customer experience.

Macy's Q1 2024: Sales Challenges Amid Resilience and Growth Focus

Macy's Q1 2024 faced challenges from macro headwinds and consumer behavior shifts, impacting sales but showing resilience in certain categories.
Efforts to manage inventory, improve margins, and focus on growth vectors like private brands and omnichannel experiences are key strengths.
Opportunities in promotions, merchandise margins, and attracting younger customers through digital strategies are on the horizon.
Despite challenges, Macy's remains cautiously optimistic, prepared for market uncertainties, and focused on strategic growth initiatives.

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Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

MEMPHIS, Tenn.--(BUSINESS WIRE)-- #supplychaintransparency--The U.S. Cotton Trust Protocol (“Trust Protocol”) is pleased to announce the membership of Macy's, Inc. The company represents more than 700 store locations nationwide across three our iconic nameplates, including Macy's, Bloomingdale's and Bluemercury. Trust Protocol membership will bolster Macy's efforts in sourcing cotton sustainably, driving positive social and environmental change within the cotton industry and enhancing transparency throughout its supply c.

U.S. Cotton Trust Protocol Welcomes Macy's, Inc. as Member

Macy's is tapping international retail executive Olivier Bron to head up its upscale department store.

Bloomingdale's Has a New CEO. Here's Why It Matters for Macy's.

Macy's Inc. M, -2.88% said Tuesday it has named Olivier Bron as chief executive of its Bloomingdale's department store chain, with an anticipated start date of early November. Bron was most recent CEO of Group's Central and Robinson Department Stores in Thailand, where he was responsible for strategies for sustainable growth.

Macy's names ex-Galeries Lafayette exec as CEO of Bloomingdale's

With the move, the legacy retailer Macy's is adding an outside perspective and a dash of global flair to its upscale department store, Bloomingdale's.

Macy's-owned Bloomingdale's taps international exec Olivier Bron as its next CEO

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale's.

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale's

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The retailer rings in the anniversary with the Carousel @ Bloomingdale's: Big Brown Bazaar, featuring exclusive collaborations, custom experiences, events, and activations NEW YORK , Sept. 7, 2023 /PRNewswire/ -- Bloomingdale's today announces the 50th anniversary of its iconic Big Brown Bag.

BLOOMINGDALE'S CELEBRATES 50 YEARS OF ITS ICONIC BIG BROWN BAG

Macy's stock has fallen more than 50% since the beginning of 2022, including a sharp drop in August. Despite facing inflation-related challenges, Macy's remains profitable and deeply undervalued based on conventional valuation metrics. Macy's real estate is likely worth at least $10 billion, whereas its enterprise value has fallen below $6 billion.

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Merchandise designed for Macy's will not be available elsewhere.

Gap Merchandise Will Be Sold By Macy's

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Macy's (M) partners with Gap to provide a diverse collection of sleepwear and intimates for men and women on Macy's mobile app, Macys.com and in select stores.

Macy's (M) Collaborates With Gap on Sleepwear Collection

NEW YORK--(BUSINESS WIRE)--Today, Macy's announced a partnership with Gap to launch an exclusive collection of sleepwear, underwear and intimates for men and women. This is the first-ever partnership between the two iconic brands, bridging Macy's rich heritage and industry expertise with Gap's legacy of modern American style. The product categories will offer an assortment of exclusive designs and colorways that bring versatile classics, comfort and effortless style to life. Starting today, the.

Macy's and Gap Launch Sleepwear and Intimates Collections Available Exclusively at Macy's

MONTRÉAL, QC / ACCESSWIRE / August 29, 2023 / Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce the results of a new Feasibility Study on the Rose Lithium-Tantalum project ("Rose" or the "Project") in Eeyou Istchee James Bay, Québec. The management of Critical Elements, with its new highly qualified technical team led by Yves Perron as Vice President of Engineering, Construction and Operations, brings a deep level of knowledge and expertise to the engineering process (particularly in mining operations, process, environment, design, estimation and project control).

Critical Elements Lithium Announces New Positive Feasibility Study for the Rose Lithium Project Generating an After-Tax NPV8% of US$2.2B and an After-Tax IRR of 65.7%

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Retailers Raise Red Flags; Analysts Turn Cautious Amid Divergent Results; Lululemon, Dollar Tree, More To Report

Macy's is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on consumers.

Macy's sounds the alarm on credit card delinquencies

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Macy's on Tuesday reported a difficult quarter, with comparable-store at owned stores sliding 8%, and its earnings per share when adjusted for a pension shift falling 74%.

Macy's flags acceleration in credit-card delinquencies

Despite quarterly sales decline, Macy's results beat expectations as promotions drove traffic.

Macy's Sales Slide As Retailer Issues ‘Cautious' 2023 Outlook

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Macy's, Target, and Home Depot warned discretionary purchases were slowing. It's a downcast backdrop for retailers reporting later this week.

Retailers Sound Alarm of a Consumer Slowdown

Macy's Inc (NYSE: M) ended 15% down on Tuesday even though its adjusted per-share earnings came in well ahead of Street estimates in its second financial quarter. Macy's did not lift its future guidance Despite beating expectations in the recently concluded quarter, the chain of department stores refrained from raising its full-year guidance.

Macy's swings to loss in Q2: ‘we take a cautious view of the consumer'

Macy's delivered better-than-feared second-quarter results early this morning. Despite the beat, however, the iconic department store chain merely reiterated its previous full-year guidance given uncertainty surrounding current macro headwinds.

Why Macy's Stock Plunged Today

Macy's CEO Jeff Gennette said the smaller strip mall stores showed year over year growth, as the company's earnings report sent its stock tumbling.

News for Macy's Stock (M)