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 Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

READ MORE >
As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
As Consumers Cut Back on Discretionary Spending, Macy’s Amplifies Leaner and Personalized Inventory
August 23, 2023  |  Earnings

Consumers are cautious these days about their spending.  It’s the tale of the retail community and the real-life challenge Macy’s is currently grappling with. On...

READ MORE >
A Tale of 2 Brands: Macy’s Ramps Up Private Labels as Amazon Backs Away 
A Tale of 2 Brands: Macy’s Ramps Up Private Labels as Amazon Backs Away 
August 14, 2023  |  Retail

While Macy’s is making its plans public to enhance its private business, Amazon is reducing its focus on private-label operations.   This summer, Macy’s announced its...

READ MORE >
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
Report: Malls Trapped in ‘Awful Cycle’ as Values Plummet
July 31, 2023  |  Retail

Seven years after their valuations peaked, America’s malls are on the ropes. As The Wall Street Journal (WSJ) reported Monday (July 31), the country’s older and lower-end...

READ MORE >
Macy’s, Nike Launch Inclusive Fits for Decreased Returns
Macy’s, Nike Launch Inclusive Fits for Decreased Returns
July 20, 2023  |  Retail

If a coat or a pair pants were tailored to your body, what’s the likelihood of you returning it? Probably slim. But what if tailoring...

READ MORE >
Retailers Find It’s Expensive to Be Like Amazon
Retailers Find It’s Expensive to Be Like Amazon
July 13, 2023  |  Retail

Retailers are recognizing that offering free shipping may not be sustainable in the long run. However, rather than eliminating it, they are raising the criteria...

READ MORE >
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
June 29, 2023  |  Retail

While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on...

READ MORE >
Stitch Fix Picks Macy’s Digital Chief Matt Baer for CEO
Stitch Fix Picks Macy’s Digital Chief Matt Baer for CEO
June 14, 2023  |  Personnel

Stitch Fix’s search for a CEO is over. The online personal style platform on Wednesday (June 14) announced it has named Matt Baer, former chief...

READ MORE >
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings
June 13, 2023  |  Retail

It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly...

READ MORE >