Macy’s revealed in a conference call announcing strong second-quarter financials that it is preparing to introduce a new home private label focused on addressing social issues. Macy’s posted net income of $345 million, or $1.08 per diluted share, versus a net loss of...
Macy’s has named Prabhakar Iyer vp/treasury and corporate development effective immediately, the company announced. He will oversee the treasury, insurance, corporate finance and development teams, and reports to Adrian Mitchell, Macy’s CFO. Iyer joins Macy’s,...
Macy’s has appointed Maly Bernstein CEO of its Bluemercury operation, effective September 13. Bernstein succeeds Bluemercury co-founder Marla Beck, who recently transitioned from the CEO role in pursuit of other opportunities, according to Macy’s. In her new...
From Nordstrom to Target to Ikea, retailers have been developing smaller, often urban-oriented concepts to fit environments that big stores can’t but also to experiment with retail experiences. Macy’s is doing so in its Bloomingdale’s banner with a new concept store...
Macy’s has kicked off its National Pride Month celebration in support of its LGBTQ colleagues, customers and communities with product initiatives as part of its annual national Pride + Joy campaign. Special initiatives include a customer-centric give-back program to...