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.

For Macy's Senior Vice President, Customer Journey, Bennett Fox-Glassman, personalization boils down to two things. “Customers don't come up and ask for personalization,” Fox-Glassman said at The Lead Summit in New York City.

Macy's Refocuses Customer Experience on Personalization and Relevance

Macy's, Inc. terminated discussions with investment firms offering a lowball acquisition price. The investment firms made offers far below the true value of Macy's real estate assets, and the company questions the legitimacy of the deal financing. The stock has dipped due to the broken stock market, with Macy's only trading at 6x EPS targets, while the potential exists for a higher buyout offer.

Macy's: Broken Market

The Macy's board of directors has unanimously decided to end acquisition talks with Arkhouse Management and Brigade Capital Management. The decision follows more than seven months of engagement that included a due diligence process, Macy's said in a Monday (July 15) press release.

Macy's Board Ends Acquisition Talks With Arkhouse, Brigade

Macy's stock is falling after the department store chain halted takeover talks with an investor group that was looking to take it private.

Macy's Stock Plunges After Ending Buyout Talks: What to Know

Retail giant Macy's revealed on Monday it will stop engaging in talks with Arkhouse Management and Brigade Capital Management about a potential acquisition.

Macy's shares slide as retailer ends buyout talks with Arkhouse, Brigade

Macy's has rejected a raised buyout offer that would have taken the company private. Another -- or more generous -- acquisition offer, however, isn't apt to materialize in the near or distant future.

Why Macy's Is Crashing Today

Macy's (NYSE:M) stock is falling on Monday after the retailer called off talks of a deal that would have taken shares of M private. Macy's revealed in a press release today that it is no longer moving forward with negotiations to take the company private.

M Stock Plunges 13% as Macy's Calls Off Take-Private Talks

Two series of bonds have change-of-control language that would require payment at 101 cents on the dollar.

Macy's junk bonds that would pay off in the event of a takeover fall after talks end with private-equity suitors

After months of negotiation, Macy's (M) on Monday said it had ended talks with would-be buyers Arkhouse Management and Brigade Capital Management.

Macy's Stock Plunges After It Ends Arkhouse, Brigade Buyout Talks

Macy's Inc (NYSE: M) ended buyout talks with Arkouse and Brigade on Monday as their proposal “lacks certainty of financing and does not deliver compelling value”.  The announcement arrives after months of negotiations with the activist group that sought to take the storied retailer private for close to $7.0 billion.

Macy's terminates buyout talks with activist group

Macy's board “unanimously determined to terminate discussion with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value.”

Macy's scraps talks to go private for $6.9B with activist investors Arkhouse and Brigade

The department-store chain ended discussions that have “failed to lead to an actionable proposal with certainty of financing at a compelling value.”

Macy's Stock Is Sinking. Buyout Talks End Without a Deal.

Macy's M -15.61%decrease; red down pointing triangle terminated discussions with Arkhouse Management and Brigade Capital Management, citing a lack of a concrete proposal with guaranteed financing at a compelling value.

Macy's Terminates Buyout Talks With Arkhouse Management, Brigade Capital Management

Macy's ends buyout talks with Arkhouse and Brigade after months of negotiations

Macy's Inc.'s stock M, -2.35% tumbled 12.3% early Monday, after the department-store chain said it has terminated talks with private-equity firm Arkhouse Management Co. LP and Brigade Capital Management LP after failing to reach an actionable proposal with the certainty of financing at a compelling value. The two firms had been seeking to acquire Macy's since last December and had twice sweetened the offer to a most recent bid of $24.80 a share, or $6.9 billion.

Macy's stock tumbles 12% after company says it has ended takeover talks with Arkhouse and Brigade

Macy's said on Monday it has terminated discussions with Arkhouse Management and Brigade Capital, citing that revised proposal to buy the department store chain lacks certainty of financing and does not provide compelling value.

Macy's terminates discussions with Arkhouse and Brigade

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced that, following months of engagement with Arkhouse Management Co. LP (“Arkhouse”) and Brigade Capital Management, LP (“Brigade”), its Board of Directors (the “Board”) has unanimously determined to terminate discussions with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value. The Board intends for the management team to return its full focus to enhancing shareh.

Macy's, Inc. Terminates Discussions with Arkhouse and Brigade

New York, NY, July 11, 2024 (GLOBE NEWSWIRE) -- The Josiah Macy Jr. Foundation is pleased to announce that it is partnering with the Accreditation Council for Graduate Medical Education (ACGME) on the Catalyst Awards for Transformation in Graduate Medical Education. The Catalyst Awards support projects that enhance the clinical learning environment and improve the experience of residents and fellows in one of the three priority areas supported by the Josiah Macy Jr. Foundation: promoting diversity, equity, and belonging; increasing opportunities to learn in and from high-performing interprofessional teams; and preparing future health professionals to navigate ethical dilemmas.

Josiah Macy Jr. Foundation Partners with the ACGME on Macy Catalyst Awards

Macy's (M) is launching the first-ever "All-Star Week" from Jul 16 to Jul 23, offering exclusive deals and rewards for Star Rewards members, both in-store and online.

Macy's (M) Announces "All-Star Week" for Star Rewards Members

Macy's on Wednesday announced a special summer sale, joining other big retailers making a major seasonal push to bring in customers.

Macy's Joins Other Big Retailers With Special Summer Sales Event

Macy's Inc. M, -0.32% is planning its first-ever “All-Star Week,” an event running from July 16 through July 23 that will reward its Star Rewards loyalty members. The event will offer summer deals to all shoppers and more exclusive offers to reward card members.

Macy's plans first-ever ‘All-Star Week' event for loyalty card holders and other shoppers

NEW YORK--(BUSINESS WIRE)-- #macys--Macy's Summer's Greatest Hits continues with the launch of the first-ever “All-Star Week” in celebration of Star Rewards loyalty members. Running from Tuesday, July 16 through Tuesday, July 23 at Macy's stores, macys.com, and on the Macy's app, All-Star Week features thousands of Macy's best summer deals for everyone, and even more exclusive offers for Star Rewards members including opportunities to earn extra rewards points (3 times and 10 times on select categories.

Macy's Summer's Greatest Hits Celebrates Star Rewards Loyalty Members with the First-Ever “All-Star Week”

NEW YORK--(BUSINESS WIRE)---- $M #macysinc--Macy's, Inc. (NYSE: M) today announced that Keith Credendino has been named Chief Information Officer effective August 4, 2024. Credendino who is currently Senior Vice President of Technology Product Development, Customer Experience, will succeed Laura Miller as Macy's, Inc.'s new CIO and join the company's Corporate Strategy Group, reporting to Adrian V. Mitchell, Chief Operating Officer and Chief Financial Officer. Miller joined Macy's, Inc. in 2021 and built a high.

Macy's, Inc. Names Keith Credendino Chief Information Officer

Macy's (M) stock gains on Jul 5, 2024, signaling investor optimism about potential strategic benefits.

Here's Why Macy's (M) Stock Sees Sudden Rise on the Bourse

A pair of investment management companies continues to jointly bid for Macy's. The department store chain still holds a great deal of valuable real estate.

News for Macy's Stock (M)