by Mike Duff | Jul 21, 2022 | Retail Articles
As it continues adding off-mall operations, Macy’s announced plans to open four small-format stores this fall to support its omnichannel strategy. The stores will include Market by Macy’s, a smaller format that offers customers a curated assortment of trending...
by Mike Duff | Jun 2, 2022 | Retail Articles
To celebrate National Pride Month, Macy’s and Qurate have introduced comprehensive initiatives to honor the LGBTQ community. This June, Pride + Joy take center stage as Macy’s kicks off National Pride Month, the company announced. Among its plans, Macy’s will launch a...
by Mike Duff | May 26, 2022 | Retail Articles
Macy’s posted solid gains in the first quarter beating analyst sales and earnings estimates and posting double-digit comparable sales gains. Macy’s posted a first-quarter net income of $286 million, or 98 cents per diluted share, versus $103 million, or 32 cents per...
by Mike Duff | May 10, 2022 | Retail Articles
Macellum Advisors has issued a letter to Kohl’s Corp. shareholders asking them to vote for its slate of candidates for the retailer’s board of director nominees rather than those proposed by the company. The letter appears over the signature of Jonathan Duskin,...
by Mike Duff | Apr 26, 2022 | Retail Articles
As the company continues its growth in the New York metropolitan area, Wegmans Food Markets has announced it will open its first Long Island store in the community of Lake Grove, NY. The 100,000-square-foot store will operate in the DSW plaza at the corner of Middle...