As it adds new formats to spur growth, Macy’s continues to expand its off-price operation, adding 10 new Backstage store-within-store locations throughout the United States opening from May through July. With a treasure-hunt-oriented, ever-changing assortment of...
The Workshop at Macy’s accelerator program is welcoming 25 business owners who offer products including home, beauty items, apparel and toys to its class of 2023. The home participants are Aya & Pete, domoINK, Rochelle Porter, Surprise Powerz and Wax Buffalo. The...
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...
Macy’s beat a Wall Street earnings estimate as comps fell at its namesake banner but gained at its Bloomingdale’s and Bluemercury operations. Net income for the quarter was $508 million, or $1.83 per diluted share, versus $742 million, or $2.44 per diluted share, in...
Daniel Leppo said it doesn’t take long when you work for Bloomingdale’s to become immersed in the retailer’s philanthropic commitment to its customers, communities and colleagues. Leppo, Bloomingdale’s executive vice president and GMM of home, men’s, cosmetics and...
