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 | May 18, 2023 | Retail Articles
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...
by Mike Duff | May 3, 2023 | Retail Articles
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...
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...
