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

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Social Shopping Emerges As Hottest Digital 3.0 Trend

Social Shopping Emerges As Hottest Digital 3.0 Trend
Social Shopping Emerges As Hottest Digital 3.0 Trend
August 04, 2020  |  Retail

Social shopping is the latest pandemic-driven trend to catch fire. With Burberry launching a social experience at its brick-and-mortar Shenzhen store and social platforms like...

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More Warnings Surface About Department Stores
More Warnings Surface About Department Stores
July 24, 2020  |  Retail

More dire warnings for the department store and mall sector showed up this week as the pandemic rages in the majority of U.S. states and...

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Macy’s Considers Options For Black Friday Amid Pandemic
Macy’s Considers Options For Black Friday Amid Pandemic
July 02, 2020  |  Retail

As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts...

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Pandemic Brings Dark Days For Department Stores
Pandemic Brings Dark Days For Department Stores
July 02, 2020  |  Retail

If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On...

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Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
July 01, 2020  |  Retail

Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus...

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Troubled Retailers Continue To Seek Financial Lifelines
Troubled Retailers Continue To Seek Financial Lifelines
June 25, 2020  |  Retail

One of the new truisms of pandemic-era retail is this: If a retailer was in trouble before COVID-19, that trouble will be magnified because of...

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Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
Reopened Macy’s Stores Exceed Expectations, But Chain Still Expects Big 1Q Losses
June 09, 2020  |  Retail

Macy’s Inc. reported that its reopened stores are “performing better than anticipated” in its preliminary first-quarter 2020 financial results. The department store retailer said it...

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Macy’s Unveils $1.1B Offering Of Senior Secured Notes
Macy’s Unveils $1.1B Offering Of Senior Secured Notes
May 26, 2020  |  Retail

To help pay back borrowings under its existing $1.5 billion credit facility, Macy’s Inc. unveiled the offering of $1.1 billion in senior secured notes set...

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