Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
Macy’s has announced plans to expand its compact retail concepts including a third Bloomie’s, the Bloomingdale’s small-format store, opening in Seattle, WA on November 2. Macy’s declared an acceleration of its small-format store rollout...
As the year runs toward its retail epitome, Macy’s has announced plans to hire more than 38,000 full- and part-time holiday jobs, consistent with the number of positions it opened for the 2022 season. The jobs will include positions at the company’s Macy’s,...
Macy’s has named Olivier Bron Bloomingdale’s CEO, with an anticipated start date in early November. Bron will report to Tony Spring, Macy’s president and CEO-elect of Macy’s, Inc., who was elevated to the new post in March following a 36-year career at...
Macy’s has appointed Massimo Magni chief customer and digital officer to guide the company’s web-based strategy. In his role, Macy’s stated, Magni will align customer-centric strategies that leverage data and analytics to enhance consumer shopping across touchpoints...
