by Mike Duff | Nov 16, 2023 | Retail Articles
Despite posting year-over-year declines, Macy’s beat Wall Street estimates for the third quarter as the company prepares to emphasize its gifting assortment for the holiday season. Net income was $43 million, or 15 cents per diluted share, versus $108 million, or 39...
by Mike Duff | Oct 3, 2023 | Retail Articles
Macy’s has announced plans to expand its compact retail concepts including a third Bloomie’s, the Bloomingdale’s small-format store, opening in Seattle, WA on November 2. Macy’s declared an acceleration of its small-format store rollout...
by Mike Duff | Sep 19, 2023 | Retail Articles
As the year runs toward its retail epitome, Macy’s has announced plans to hire more than 38,000 full- and part-time holiday jobs, consistent with the number of positions it opened for the 2022 season. The jobs will include positions at the company’s Macy’s,...
by Mike Duff | Sep 12, 2023 | Retail Articles
Macy’s has named Olivier Bron Bloomingdale’s CEO, with an anticipated start date in early November. Bron will report to Tony Spring, Macy’s president and CEO-elect of Macy’s, Inc., who was elevated to the new post in March following a 36-year career at...
by Mike Duff | Aug 17, 2023 | Retail Articles
Macy’s has appointed Massimo Magni chief customer and digital officer to guide the company’s web-based strategy. In his role, Macy’s stated, Magni will align customer-centric strategies that leverage data and analytics to enhance consumer shopping across touchpoints...