Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

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Macy's reports 15% revenue growth, cautious about consumer trends

Macy's is navigating through uncertain periods, maintaining a focus on customer service and business improvement. The company used a scientific approach to guide their second quarter and full-year projections, considering one-year CAGR, two-year CAGR, and 2019 data.

Macy's reports Q2 sales decline, focuses on strategic growth initiatives

Macy's Q2 performance saw declines in net sales but emphasized strategic initiatives for revenue growth and agility in inventory management. Challenges in achieving profitability were acknowledged, but opportunities in cost savings and small-format stores were highlighted.

Macy's reports Q3 decline, highlights strengths and growth opportunities

Macy's Q3 2023 earnings call revealed a decline in net sales, with notable strengths in specific categories and a focus on growth opportunities through strategic initiatives. The company also addressed challenges and provided insights into its future outlook and leadership transition.

Macy's reports solid Q4 earnings, focuses on growth strategies

Macy's navigated challenges in Q3 and Q4, learning from gifting success and focusing on long-term growth drivers.
Strategic investments in private brands, off-mall stores, and marketplace expansion position Macy's for future success.
Despite macro pressures and consumer dynamics, Macy's remains committed to sustainable growth through margin expansion.
Digital capabilities and personalized pricing initiatives are key focus areas for Macy's to drive growth and enhance customer experience.

Macy's Q1 2024: Sales Challenges Amid Resilience and Growth Focus

Macy's Q1 2024 faced challenges from macro headwinds and consumer behavior shifts, impacting sales but showing resilience in certain categories.
Efforts to manage inventory, improve margins, and focus on growth vectors like private brands and omnichannel experiences are key strengths.
Opportunities in promotions, merchandise margins, and attracting younger customers through digital strategies are on the horizon.
Despite challenges, Macy's remains cautiously optimistic, prepared for market uncertainties, and focused on strategic growth initiatives.

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Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

The retailer's smaller concept store, "Bloomie's," is set to open on November 17, 2022 NEW YORK , Oct. 11, 2022 /PRNewswire/ -- Bloomingdale's today announced its second "Bloomie's" store is set to open November 17, 2022 at the Westfield Old Orchard Mall. Bloomie's brings the best of Bloomingdale's to a smaller, highly curated store concept, with top brands featured within each department, a new tech-enabled stylist service, and a trendy dining experience at its new restaurant, bCafé.

"BLOOMIE'S," BY BLOOMINGDALE'S TO OPEN IN WESTFIELD OLD ORCHARD

Macy's, Inc. (NYSE: M) announced last week a partnership with VeeFriends, an NFT project, to sell physical versions of its collectible characters exclusively for Macy's and Toys“R”Us.

Why Macy's Stock Continues to Trade Dirt Cheap

Macy's (M) closed at $17.53 in the latest trading session, marking no change from the prior day.

Macy's (M) Flat As Market Sinks: What You Should Know

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While apparel brands such as Gap, Kohl's and Nike have all struggled with excess inventories this year, Macy's has managed to avoid this problem.

Macy's Outmaneuvers Bigger Rivals on Inventory Control

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Retailers like Target Corporation (TGT), DICK'S Sporting Goods, Inc. (DKS), Walmart Inc. (WMT) and Macy's, Inc. (M) are aggressively hiring ahead of the holiday season.

Can Retailers Bounce Back on Holiday-Season Hiring Spree?

NEW YORK--(BUSINESS WIRE)--VeeFriends, created by serial entrepreneur Gary Vaynerchuk, will launch its first-ever limited series of collectible characters exclusively at Macy's and Toys"R"Us®. The collection will be available for pre-sale starting today, launching on October 17. This is the first step in bringing the VeeFriends characters to life, from digital NFT collectibles to physical collectibles, giving access to any consumer to own a VeeFriends character – expanding beyond its robust NFT

VeeFriends Launches Collectible Characters Exclusively for Macy's and Toys"R"Us

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The most desired toys were recently listed by JCPenney, so shoppers can peruse toys. A list of the 25 most favored toys is attached.

JCPenney Lists Hot Holiday Toys, Macy's Chimes In Too

As a part of its 150th Anniversary, Bloomingdale's will host PINK Yoga and PINK Parties at select stores across the country on October 8 NEW YORK , Sept. 29, 2022 /PRNewswire/ -- Bloomingdale's today announced its continued commitment to support breast cancer awareness with its annual Pink Campaign.

BLOOMINGDALE'S CONTINUES ITS PINK CAMPAIGN IN PARTNERSHIP WITH THE BREAST CANCER RESEARCH FOUNDATION AND THE TUTU PROJECT

Shares of Macy's have lost more than half of their value since hitting a multiyear high last November. While investors are worried about inflation and the potential for a recession, Macy's is much better positioned for a downturn than it was a few years ago.

It's A Great Time To Buy Macy's Stock

It is exciting news to have access to more than 20 product categories and 400 new brands.

Macy's New Digital Market Place Adds New Brands And Products

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This year, consumer stocks have been hammered as inflation lingers at 40-year highs and interest rates rise. The Dow Jones U.S. Consumer Goods Index is down 20% this year as consumers pull back on their spending.

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NEW YORK--(BUSINESS WIRE)--Building on the company's existing authority as a digitally-led omnichannel retailer, Macy's today announced the launch of its digital marketplace on macys.com, providing customers with a curated assortment of new brands, merchandise categories and products from third-party merchants and brand partners. “After a year of intense work creating an exceptional experience for customers and sellers, we are thrilled to launch a curated marketplace on macys.com, expanding our

Macy's Launches Its Curated Digital Marketplace

Macy's (M) gears up for the holiday season by unveiling hiring plans to manage the holiday rush. It is constantly making great moves to offer a seamless customer experience.

Macy's (M) Readies for Holiday Season, Unveils Hiring Plans

Last year, as many as 665,000 people turned to seasonal retail jobs during the holidays. This year, they may have a harder time finding an open role.

Retailers like Walmart and Macy's are dramatically slowing seasonal hiring, a sign that inflation could hammer the holiday shopping season

Retailers such as Walmart (WMT), Target (TGT), Macy's (M) and DICK'S Sporting Goods (DKS) are deploying a reasonable number of seasonal associates to deal with the holiday rush.

Retailers Amp Up Hiring With Eyes on the Holiday Season

Macy's Inc. and Dick's Sporting Goods Inc. on Monday became the latest retailers to trim their holiday-season hiring plans, after rising prices for essential goods pulled consumer spending away from purchases like clothing and televisions.

Retailers are trimming holiday hiring plans, and it's not just because of the economy

SYNNEX

FREMONT, Calif. & CLEARWATER, Fla.--(BUSINESS WIRE)--TD SYNNEX (NYSE: SNX) today announced financial results for the fiscal third quarter ended August 31, 2022.     Q3 FY22     Q2 FY22(2)     Q3 FY21     Net Change from Q2 FY22   Net Change from Q3 FY21 Revenue ($M)   $ 15,356     $ 15,270     $ 5,207     0.6 %   194.9 % Operating income ($M)   $ 241.5     $ 252.7     $ 148.2     (4.4 ) %   63.0 % Non-GAAP operating income ($M)(1)   $ 398.3     $ 398.3     $ 168.2     — %   136.7 % Operating ma

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NEW YORK--(BUSINESS WIRE)--To kick off the holiday season, Macy's and Toys“R”Us® reveal Geoffrey's 2022 Hot Toy List. This year's 100 Hot Toy List features the most exciting toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie, Fisher-Price, LEGO, Disney, Pokémon, Hot Wheels and more. Geoffrey's curated list will also feature an exclusive limited edition Funko POP! Holiday Geoffrey figure wrapped up in a holiday Macy's sweater and a selection of popular brands created by

Macy's and Toys“R”Us Reveal Geoffrey's 100 Hot Toy List for the 2022 Holiday Season

Fast access to pay is one of the benefits retail chains are offering as they compete for employees to fill seasonal positions for the upcoming holiday season. Dick's Sporting Goods is offering potential candidates its optional DailyPay, the company said in a Monday (Sept.

Dick's, Macy's Join Mounting Retail Seasonal Hiring Trend; Staffing Shortages Loom

Macy's stock has been hit hard lately. Shares are now trading at a very cheap valuation. Bloomingdale's and Bluemercury have performed well. The nameplates' growth has partially offset a decline in sales from Macy's stores.

Macy's: Is It Time To Buy The Dip On This Industry Leader?

Shares of Macy's Inc. M, -0.44% fell 1.0% in premarket trading Monday, after the department store chain announced plans to hire more than 41,000 seasonal employees before the holidays, down 46% from the previous year's hiring plans. The full- and part-time seasonal hires will be for Macy's namesake stores, as well as for stores under the Bloomingdale's and Bluemercury banners, and for the company's supply chain locations and call centers.

Macy's plans to hire 46% less seasonal employees than last year

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. today announced plans to hire colleagues for more than 41,000 full- and part-time seasonal positions for the upcoming holiday season at its Macy's, Bloomingdale's and Bluemercury stores, supply chain locations and call centers. The number of seasonal opportunities is relatively consistent with the number of open positions in prior years. The digitally led, omnichannel retailer offers a convenient hiring experience with applications taking as little as fiv

Macy's, Inc. to Hire Colleagues for More Than 41,000 Seasonal Positions

Macy's (M) reported earnings 30 days ago. What's next for the stock?

News for Macy's Stock (M)