For summer 2024, Macy’s has rolled out a seasonal promotional campaign with a musical theme and product options from sunglasses to cookware. The new campaign, Summer’s Greatest Hits, celebrates the beginning of the season and will include digital and in-store...
Macy’s pointed to gains from an operating investment strategy starting with its top 50 stores in beating Wall Street estimates on first-quarter sales and revenues despite declines in both metrics. Net income was $62 million, or 22 cents per diluted share, versus $155...
To propel underrepresented brands, Macy’s is welcoming 26 business owners to the 2024 class of The Workshop at Macy’s. The company characterizes The Workshop at Macy’s as the retail industry’s longest-running vendor accelerator program, one that provides...
Macy’s has appointed two new independent directors in an accommodation with investor Arkhouse Management, which withdrew its slate of board member candidates as a result. Arkhouse wanted board changes in part due to what it perceived as Macy’s management of its real...
Faced with a proxy fight, Macy’s announced the nomination of Douglas Sesler, founder and president of Fair Street Partners, to stand for election to the company’s board of directors at its 2024 annual meeting of shareholders. Arkhouse Management Co. has nominated a...
