Macy’s posted solid gains in the first quarter beating analyst sales and earnings estimates and posting double-digit comparable sales gains. Macy’s posted a first-quarter net income of $286 million, or 98 cents per diluted share, versus $103 million, or 32 cents per...
The National Retail Federation’s newly elected board chair John Furner, Walmart U.S. president and CEO, told participants in NRF’s annual Big Show that retail needs to understand today’s consumers as looking at the range of shopping options available and choosing what...
Bloomingdale’s plans to cheer residents of and visitors to its hometown of New York City with the return of the retailer’s iconic holiday unveiling event on November 18, featuring a special performance from Grammy-nominated singer-songwriter Bebe Rexha and...
The annual parade it sponsors may be the best known of its holiday endeavors, but Macy’s has multiple operational initiatives on tap for the year-end celebratory season including plans to hire 76,000 full- and part-time colleagues at its Macy’s, Bloomingdale’s and...
As it launches its new small-store concept, Bloomingdale’s is relaunching its Bloomie’s brand at the new store, at its flagship location on 59th Street in New York City and online. The store, also named Bloomie’s, is operating in Fairfax, VA, featuring a curated...
