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 retailer's annual Give Pink, Get More campaign will benefit its two long-standing partners, the Breast Cancer Research Foundation and the Tutu Project NEW YORK , Sept. 28, 2023 /PRNewswire/ -- Bloomingdale's today announces AQUA x Kerri Rosenthal, a special collection that serves as an addition to its annual Pink Campaign.

BLOOMINGDALE'S ANNOUNCES ANNUAL PINK CAMPAIGN WITH THE LAUNCH OF ITS AQUA X KERRI ROSENTHAL COLLECTION

NEW YORK--(BUSINESS WIRE)--To kick off this upcoming holiday season, Macy's and Toys“R”Us® have unveiled Geoffrey's Hot Toy List for 2023 to make every gift giver the star of the holidays by offering top toys for every age and interest. This year's list of hot toys features the most coveted toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie, Hot Wheels, Pokémon, LEGO, Nerf & more. Geoffrey's curated list will also feature a Toys“R”Us® global exclusive Geoffrey with.

Macy's and Toys“R”Us ® Announce Geoffrey's Hot Toy List for the 2023 Holiday Season

Bath and Body Works

Target

Retailers such as Target (TGT), Macy's (M), Bath & Body Works (BBWI) and Amazon (AMZN) are deploying a reasonable number of seasonal associates to deal with the holiday rush.

Retailers Ramp Up Staffing With a Focus on the Holiday Season

SYNNEX

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2023. Consolidated Financial Highlights for the Fiscal 2023 Third Quarter: (Amounts may not add or compute due to rounding)       Q3 FY23   Q3 FY22   Net Change from Q3 FY22 Revenue ($M)   $ 13,960.6     $ 15,356.1     (9.1 )% Non-GAAP gross billings ($M)(1)   $ 18,583.6     $ 19,971.2     (6.9 )% Gross profit ($M)   $ 971.3     $ 916.0     6.

TD SYNNEX Reports Fiscal 2023 Third Quarter Results

Macy's (M) grapples with a tough industry backdrop, operational challenges in the credit card segment and escalating operating costs and expenses.

Here's Why You Should Avoid Investing in Macy's (M) Stock Now

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Macy's (M) strategic move to bolster its workforce before the festive season not only ensures smooth operations but also underscores the pivotal role the period plays in the retail sector.

Macy's (M) Prepares for Holiday Season, Unveils Hiring Plan

In trading on Monday, shares of Macy's were yielding above the 6% mark based on its quarterly dividend

Macy's Dividend Yield Pushes Above 6%

Macy's plans to hire more than 38,000 seasonal full- and part-time positions for the upcoming holiday season. The positions will be available at Macy's, Bloomingdale's and Bluemercury stores, as well as the company's distribution centers, the retailer said in a Monday (Sept.

Macy's Says Holiday Season Hiring ‘Consistent' With Last Year

Macy's Inc.'s holiday shopping season efforts will involve bringing on 38,000 people in seasonal roles this year, according to a press release.

Macy's aiming to add nearly 40,000 workers in seasonal roles

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) today announced plans to hire for more than 38,000 full- and part-time seasonal positions this upcoming holiday season at its Macy's, Bloomingdale's and Bluemercury stores, as well as its distribution centers. This year's number of seasonal positions at Macy's, Inc. are consistent with open positions in 2022. Macy's, Inc. offers several convenient hiring experiences for candidates including an online application procedure that takes as little as.

Macy's, Inc. to Hire for More Than 38,000 Seasonal Positions

Olivier Bron has been announced as upscale department store Bloomingdale's new CEO, replacing veteran Tony Spring

New Bloomingdale's CEO Tapped By Parent Company Macy's

After a prolonged search for a new CEO, Bloomingdale's has chosen Oliver Bron to succeed Tony Spring who is now Presiden

Oliver Bron Will Be The New Bloomingdale's CEO

MEMPHIS, Tenn.--(BUSINESS WIRE)-- #supplychaintransparency--The U.S. Cotton Trust Protocol (“Trust Protocol”) is pleased to announce the membership of Macy's, Inc. The company represents more than 700 store locations nationwide across three our iconic nameplates, including Macy's, Bloomingdale's and Bluemercury. Trust Protocol membership will bolster Macy's efforts in sourcing cotton sustainably, driving positive social and environmental change within the cotton industry and enhancing transparency throughout its supply c.

U.S. Cotton Trust Protocol Welcomes Macy's, Inc. as Member

Macy's is tapping international retail executive Olivier Bron to head up its upscale department store.

Bloomingdale's Has a New CEO. Here's Why It Matters for Macy's.

Macy's Inc. M, -2.88% said Tuesday it has named Olivier Bron as chief executive of its Bloomingdale's department store chain, with an anticipated start date of early November. Bron was most recent CEO of Group's Central and Robinson Department Stores in Thailand, where he was responsible for strategies for sustainable growth.

Macy's names ex-Galeries Lafayette exec as CEO of Bloomingdale's

With the move, the legacy retailer Macy's is adding an outside perspective and a dash of global flair to its upscale department store, Bloomingdale's.

Macy's-owned Bloomingdale's taps international exec Olivier Bron as its next CEO

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale's.

Macy's, Inc. Appoints Olivier Bron as CEO of Bloomingdale's

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The retailer rings in the anniversary with the Carousel @ Bloomingdale's: Big Brown Bazaar, featuring exclusive collaborations, custom experiences, events, and activations NEW YORK , Sept. 7, 2023 /PRNewswire/ -- Bloomingdale's today announces the 50th anniversary of its iconic Big Brown Bag.

BLOOMINGDALE'S CELEBRATES 50 YEARS OF ITS ICONIC BIG BROWN BAG

Macy's stock has fallen more than 50% since the beginning of 2022, including a sharp drop in August. Despite facing inflation-related challenges, Macy's remains profitable and deeply undervalued based on conventional valuation metrics. Macy's real estate is likely worth at least $10 billion, whereas its enterprise value has fallen below $6 billion.

Buy Macy's: It's A Covered Land Play In Disguise

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Merchandise designed for Macy's will not be available elsewhere.

Gap Merchandise Will Be Sold By Macy's

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Macy's (M) partners with Gap to provide a diverse collection of sleepwear and intimates for men and women on Macy's mobile app, Macys.com and in select stores.

Macy's (M) Collaborates With Gap on Sleepwear Collection

NEW YORK--(BUSINESS WIRE)--Today, Macy's announced a partnership with Gap to launch an exclusive collection of sleepwear, underwear and intimates for men and women. This is the first-ever partnership between the two iconic brands, bridging Macy's rich heritage and industry expertise with Gap's legacy of modern American style. The product categories will offer an assortment of exclusive designs and colorways that bring versatile classics, comfort and effortless style to life. Starting today, the.

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