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.

Earnings data Q4 2020

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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.

Macy's (M) makes constant efforts to boost guests' shopping experiences. Also, the company unveils benefits programs for its colleagues.

Macy's (M) Boosts Staff's Morale Via Wage Raise & Benefits

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Macy's Inc. will raise the minimum wage of its more than 100,000 U.S. employees to $15 per hour by May, the department store chain said.

Macy's to raise minimum wage to $15 amid labor shortages

Macy's, Inc., on Tuesday (Nov. 9) announced it will be raising its minimum wage for employees to $15 per hour as part of a corporate benefits package that will also include debt-free tuition and raises for employees at all levels of the company. The debt-free education program will launch in February, with about $35 million […]

Macy's Boosts Minimum Wage Amid Labor Shortage

Macy's Inc. M, -0.38% announced a series of new benefits for employees on Tuesday, including a higher minimum wage of $15 an hour, a debt-free education benefit and greater flexibility in taking time off. The news comes at a time of labor shortages that has many employers competing aggressively to retain their staff.

Macy's to raise minimum wage to $15 an hour, offer debt-free education to all workers starting next year

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Announces Significant Investments in its People by Launching a Debt-Free Education Program, Raising Minimum Wage

Macy's, Inc. Announces Significant Investments in its People by Launching a Debt-Free Education Program, Raising Minimum Wage and Expanding Other Benefits

Macy's is the latest retailer to sweeten its benefits and wages in a bid to attract talent in a tight labor market.

Macy's raises hourly wage to $15 and rolls out college tuition to try to win workers

Macy's Inc will raise the minimum wage of its more than 100,000 U.S. employees to $15 an hour by May, the department store chain said on Monday, as retailers fight to hire and retain workers in an increasingly competitive labor market.

Macy's to lift minimum wage to $15 an hour as labor market tightens

As retailers fight to retain workers, Macy's is boosting both pay and benefits, including through a $35 million staff education scheme.

Macy's raises minimum pay for its 100,000 US workers to $15 an hour as the labor shortage continues to bite

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The Wall Street Journal recently reported that luxury department store chain Saks Fifth Avenue is aiming to take its e-commerce division public at a valuation of $6 billion, making investors wonder if Macy???s (M) would do the same.

Should Macy's Spin Off Its E-Commerce Business?

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The private investment firm also asked the Macy's board to solicit proposals from EV car manufacturing and charging companies

Macy's Shareholder NuOrion Asks The Department Store To Accept Crypto Payments, Partner With EV Makers

Macy's (M) closed the most recent trading day at $30.74, moving +0.59% from the previous trading session.

Macy's (M) Outpaces Stock Market Gains: What You Should Know

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NEW YORK--(BUSINESS WIRE)--Today, trendsetter and entrepreneur Sofia Richie launched a limited-edition exclusive collection with Macy's (NYSE:M) private brand, bar III. Created in partnership with Reunited Clothing, the Sofia Richie collection features casual silhouettes in knits, faux-leather outerwear and matching sets. The collection is available in sizes XXS to XXL with 36 styles ranging from $39.50 to $149.50. Shop the collection now on macys.com/sofiarichie and in select Macy's locations

Tastemaker and Trendsetter Sofia Richie Launches Exclusive Collection With Macy's

Macy's (M) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Macy's (M) Soars to 52-Week High, Time to Cash Out?

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- NuOrion Advisors, LLC ("NuOrion"), a shareholder of Macy's, Inc. (NYSE: M), today announced that it has sent a letter to the Chairman of the Board demanding the formation of a Digital Special Committee to evaluate and solicit proposals: i) from private equity firms to make a strategic investment in Macys.com, ii) from EV Car manufacturing and charging companies (e.g. Tesla, Lucid, Rivian, Atom Power) to utilize ground floor and parking facilities of landmark stores, and iii) pursue the acceptance of Crypto payments.

NuOrion Sends Letter To Chairman Of Macy's Demanding Urgent Board Action To Accelerate Digital Transformation

Is (M) Outperforming Other Retail-Wholesale Stocks This Year?

Is Macy's (M) Stock Outpacing Its Retail-Wholesale Peers This Year?

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NEW YORK--(BUSINESS WIRE)-- #MacysParade--The 95th Annual Macy's Thanksgiving Day Parade is set to kick-off the holiday season on Thursday, November 25, live in New York City

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While it might be an attractive move in the short term, some experts are raising red flags about the proposal's long-term logic.

An activist is trying to split Macy's digital biz, mimicking Saks. But experts are raising red flags

Macy's is the latest apparel retailer to boost its focus on sustainability as customers continue to expect a greater environmental commitment from the fashion industry.

Can Macy's Be An Environmental Leader?

NEW YORK--(BUSINESS WIRE)--Macy's (NYSE:M) announces the launch of its 14th annual Believe letter-writing campaign, in partnership with Make-A-Wish, giving believers of all ages the opportunity to send letters and deliver wishes. From Monday, Nov. 1 through Friday, Dec. 24, for every letter sent to Santa online at macys.com/believe or written at a Believe mailbox station located in Macy's stores nationwide, Macy's will donate $1 to Make-A-Wish, up to $1 million, to help children fighting critic

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