Macy’s has announced the launch of an enterprise-wide social purpose platform – Mission Every One – developed to build on the company’s heritage of corporate citizenship and to promote positive societal change. With Mission Every One, Macy’s stated that the company is...
Macy’s beat Wall Street estimates during a fourth-quarter that topped off a big fiscal year for the company that Macy’s Chairman and CEO Jeff Gennette said reflects strategic initiatives that are improving operations and performance. Macy’s net income for...
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...
Macy’s announced plans to add a curated online marketplace to build on the company’s existing e-commerce business as it posted third-quarter financial results that exceeded expectations. The new marketplace will significantly expand Macy’s assortment in existing...
NuOrion Advisors, a Macy’s shareholder, insisted in a recent letter to Macy’s Chairman and CEO Jeffrey Gennette that the retailer form a Digital Special Committee to evaluate and solicit proposals from private equity firms to make a strategic investment in...
