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.

Earnings data Q4 2020

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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.

The price of Macy's stock surged more than 20% in pre-market trading Monday, following reports that a group of investors put forth a $5.8 billion bid to buy the department store chain and take it private.

Macy's Shares Surge In Premarket Amid Reports Of $5.8 Billion Acquisition Bid

Eminent US department store Macy's, Inc has reportedly received a $5.8 billion (£4.6 billion) buyout offer from private equity firms Arkhouse Management and Brigade Capital Management, according to the Wall Street Journal. The unconfirmed $21-per-share offer represents a 21% premium to Macy's Friday closing price, suggesting the private investors believe the chain is undervalued by the public markets.

Undervalued Macy's reportedly gets $5.8bln buyout offer

A group of investors has offered $5.8 billion to buy the retailer and take it private, The Wall Street Journal reported Sunday.

Macy's Stock Is Soaring. Investors Made a $5.8 Billion Buyout Bid.

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, a global asset manager, made a $5.8 billion bid for shares of the company they don't own, The Wall Street Journal (WSJ) reported Sunday (Dec.

Macy's Investors Reportedly Launch $5.8 Billion Bid to Take Retailer Private

Famed retailer Macy's is the focus of a $5.8 billion buyout bid launched by Arkhouse Management and Brigade Capital, according to a report by the Wall Street Journal.

Investor group launches $5.8 billion buyout bid for Macy's

The Wall Street Journal reports that two hedge funds, Arkhouse Management and Brigade Capital, have joined forces to bid on a takeover of Macy's M , the largest U.S. department store chain. The funds are reportedly offering $5.8 billion.

Why A Hedge Fund (Or Two) Would Bid For Macy's

Arkhouse Management and Brigade Capital recently submitted a proposal to acquire the famed retailer for $21 a share.

Investor Group Launches $5.8 Billion Buyout Bid for Macy's

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Names Tracy Preston Chief Legal Officer.

Macy's, Inc. Names Tracy Preston Chief Legal Officer

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Sharon will lead Macy's in strategic marketing, spearheading the company's brand evolution.

Macy's Hires Sharon Otterman As Chief Marketing Officer

A record number of people showed up in stores or online to spend money over the Thanksgiving holiday, but their spending on holiday-related items ticked lower, according to data from the National Retail Federation released Tuesday.

A record number of customers shopped during Thanksgiving weekend—but they spent less

Macy's Inc. M said Tuesday it has named Sharon Otterman as its chief marketing officer, effective Dec. 11. Otterman comes to the role from Caesars Entertainment Inc. CZR, where she also served as CMO and was responsible for launching the casino operator's sportsbook, a betting brand.

Macy's names ex-Caesars Entertainment exec Sharon Otterman chief marketing officer

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced that Sharon Otterman has been named chief marketing officer of Macy's. Sharon will begin leading the company's marketing organization starting on Monday, December 11, reporting to Tony Spring, president and CEO-elect, Macy's, Inc. In this role, Sharon will lead Macy's strategic marketing, spearheading the company's brand evolution and build awareness, engagement, and loyalty amongst all customer segments. This includes brand acti.

Macy's, Inc. Names Sharon Otterman Chief Marketing Officer of Macy's

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Abercrombie & Fitch and Macy's attract more than crowds as investors lock in Black Friday bargains

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Black Friday shopping: JCPenney, Macy's lead with biggest discounts

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Four hundred workers in Washington state to strike, alleging the company – which pays millions to executives – is not playing fair

‘They've worked us to death': Macy's workers to strike on Black Friday

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Macy's (M) shares jumped over 5% Thursday after the department store chain posted better-than-expected results as it improved its margins, cut costs, and reduced inventory.

Macy's Shares Jump After Earnings Beat as It Raised Margins, Cut Costs, and Shed Inventory

In the midst of the holiday season, while numerous retailers anticipate a weak consumer spending forecast amid an inventory glut, Macy's may have set itself apart.  The chain has moved to implement AI, enabling the retailer to adjust its inventory based on holiday demand.

News for Macy's Stock (M)