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...
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...
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...
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...
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...
