by Mike Duff | Mar 2, 2023 | Retail Articles
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...
by Peter Giannetti | Mar 1, 2023 | Featured News, Home + Housewares, The Inspired Home Show 2023
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...
by Chandler Harvey | Feb 7, 2023 | Featured News, Retail Articles
Before its scheduled fourth quarter and full year 2022 in March, Macy’s issued an update on final-frame activity and provided additional insights during a conference hosted by advisory firm ICR Capital, which together provided a deeper dive into where the...
by Mike Duff | Feb 1, 2023 | Retail Articles
Macy’s has rolled out Pattern Beauty, a brand created by producer and actor Tracee Ellis Ross, in an assortment that includes washes, treatments and styling tools. With the launch, Macy’s becomes Pattern’s first department store partner. Products in the line expand...
by Mike Duff | Jan 18, 2023 | Retail Articles
On February 1, through its social purpose platform Mission Every One, Macy’s will spotlight Black-owned brands, hosting online shopping events and launching initiatives in its ongoing commitment to empower and support diverse businesses. The company also will launch a...