by Mike Duff | Nov 16, 2023 | Retail Articles
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...
by Mike Duff | Sep 19, 2023 | Retail Articles
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,...
by Mike Duff | Jun 27, 2023 | Retail Articles
Bluemercury headquarters is moving closer to parent Macy’s offices, as the beauty and spa services operation shifts management to New York City from the Washington D.C. metro area, where it was founded in 1999. Bluemercury will vacate its current office in Bethesda,...
by Mike Duff | Jun 1, 2023 | Featured News, Retail Articles
Softening demand hurt Macy’s first quarter as conversion rate suffered, but key home categories experienced a rebound. Net income was $155 million, or 56 cents per diluted share, versus $286 million, or 98 cents per diluted share, in the year-prior quarter, the...
by Mike Duff | Mar 29, 2023 | Featured News, Retail Articles
After 40 years with the company, Macy’s chairman and CEO Jeff Gennette has announced plans to retire in February 2024, in a move that will trigger a succession plan that will make Tony Spring, now executive vice president and Bloomingdale’s chairman and CEO, Macy’s...
