Etiket: Macys
After declining sales and profits: Macy’s presents reform plans
The US retail group Macy’s Inc. suffered significant losses in sales and earnings in the 2023/24 financial year. The parent company of the Macy’s, Bloomingdale’s and Bluemercury chains then presented…
Macy’s rejects takeover offer
The US retail group Macy’s Inc. officially confirmed on Sunday that it has had a takeover offer since December 1st. However, the board of directors spoke out against accepting the…
Macy’s plans to cut jobs and close stores
Macy’s Inc. plans to cut jobs and close several stores. In total, around 3.5 percent of the workforce will be laid off and five stores will be closed, several media…
Financial investors want to buy US department store giant Macy’s
According to media reports, the traditional US department store group Macy’s has received a takeover offer from financial investors. They had submitted an offer worth around 5.8 billion dollars (5.4…
Macy’s Names Tracy Preston Chief Legal Officer
The US retail group Macy’s Inc. has appointed Tracy Preston as Chief Legal Officer and Corporate Secretary. The experienced lawyer will take up her new position on January 8th next…
Sharon Otterman becomes Macy’s new marketing chief
US retailer Macy’s is filling a key position. On Tuesday evening, parent company Macy’s Inc. announced the appointment of Sharon Otterman as chief marketing officer (CMO) of the department store…
Macy’s: Quarterly profit shrinks by more than half
the Macy’s flagship store in New York City Image: Macy’s Inc. The US retail group Macy’s Inc. suffered losses in sales and earnings in the third quarter of the 2023/24…
Work in Fashion: Macy’s buyer WyQuasia King
WyQuasia King is a 33-year-old Macy’s buyer from Westchester, New York. Her most notable work is the Macy’s and Casper “Divine Nine Sorority” collection – a collection of dresses and…
Macy’s realigns private label range
US retailer Macy’s Inc. is launching a new line of womenswear and accessories. The ‘On 34th’ brand is the first brand the retailer is introducing as part of its new…
Negative sales trend in the first quarter: Macy’s cuts annual forecasts
The US retail group Macy’s Inc. felt the effects of the increasingly deteriorating consumer sentiment in the first quarter of the 2023/24 financial year. On Thursday, the company then lowered…