Macy’s


Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007

(source: macys.com)

Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
Retailers Expand Private-Label Push as Shoppers Continue to Trade Down
February 14, 2024  |  Retail

Retailers such as Target, Macy’s and Walgreens are taking a harder look at their private-label offerings, as PYMNTS Intelligence research shows that ongoing financial pressures...

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Department Stores Face Financial Pressure From Proposed Junk Fee Ban
Department Stores Face Financial Pressure From Proposed Junk Fee Ban
February 07, 2024  |  Credit Cards

The changing credit card landscape could mean trouble for department stores. Retailers like Macy’s and Nordstrom are dealing with a pair of card-related threats to...

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Smart Mirrors Present Dressing-Room Commerce Opportunities for Retailers
Smart Mirrors Present Dressing-Room Commerce Opportunities for Retailers
January 24, 2024  |  Retail

Smart mirrors present an opportunity for retailers to embed shopping capabilities into the try-on process, PYMNTS Intelligence reveals. By the Numbers PYMNTS Intelligence’s report “How...

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Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
Macy’s Cuts Workforce 3.5% While Preparing to Deploy New Strategy
January 18, 2024  |  Retail

Macy’s is reducing its workforce by 3.5%. “As we prepare to deploy a new strategy to meet the needs of an everchanging consumer and marketplace, we...

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Will Consumers Trade Their Data for Better Offers?
Will Consumers Trade Their Data for Better Offers?
January 04, 2024  |  Retail

Personalized deals and offers can be convenient, but they’re hard to come by. Many consumers are wary about the extent of information that brands and...

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Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
Retailers Offer Fewer Discounts as Consumers Seek Last-Minute Gifts
December 22, 2023  |  Retail

As the holiday season approaches, last-minute shoppers are reportedly finding that major retailers are offering smaller discounts and fewer markdowns on their products. The reduction...

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Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
Macy’s Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private
December 10, 2023  |  Retail

A group of investors reportedly wants to make department store chain Macy’s a private company. Real estate investment firm Arkhouse Management and Brigade Capital Management,...

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Macy’s and Claire’s Invest in Turning Virtual Experiences Into Real-World Gains
Macy’s and Claire’s Invest in Turning Virtual Experiences Into Real-World Gains
October 19, 2023  |  Retail

Brands are realizing the significance of crafting captivating digital experiences to engage their customers. The need is self-evident, requiring little persuasion for brands to invest....

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Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
Trouble May Be Brewing for Store Card Segment as Delinquencies Rise
October 09, 2023  |  Credit Cards

Store credit cards — the closed-looped offerings tied to certain merchants — may signal tougher times ahead. The rising costs of credit and the rising...

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