All Macy's articles – Page 3

  • Ian McGarrigle

    Department stores still have an important role to play


    It is probably a generational thing but often when you think department stores you are drawn to a particular name and the town or city that links it.

  • Macy’s is targeting China through its investment in Jiapin

    Macy’s aims to grab share  of online market in China


    In May department store Macy’s said it would test the waters in China by acquiring a $15m (£9.5m) stake in online retailer VIPStore, or Jiapin as it is now known on its website.

  • DLJ

    M-commerce puts the high street under pressure


    To click or to wander? Last month, Boston Consulting Group published findings stating that the UK has the largest internet economy of the G20.

  • News

    First quarter sales increase at Macy's


    Department store group Macy’s sales rose 4.3% to $6.1bn (£3.8m) in the first quarter of 2012 when like-for-likes were up 4.4%. Online sales – and combined – climbed 33.7%. Online sales are included in the like-for-like sales calculation and lifted the retailer’s like-for-likes by 1.5 percentage points. Macy’s ...

  • John Lewis Beauty Hall

    John Lewis: New-look beauty hall


    John Lewis Oxford Street’s new beauty department is an exercise in brand promotion while remaining a branded house.

  • News

    Macy’s to tweak online model


    Department store group Macy’s plans to tweak its online model.The Macy’s ‘Store to Door’ pilot, a service enabling shipment to the customer’s home from another store if one shop is out of a product, is to expand from 23 to 290 of the retailer’s 810 stores this year.However, items will ...

  • News

    Sales increase for department store Macy’s


    Department store operator Macy’s has said sales in the second quarter ended July 30 rose 7.3% to $5.94bn (£3.7bn) and 6.4% on a like-for-like basis. Online sales ( and were up 40.2%. Operating income climbed 37% to $506m (£313m).Macy’s chairman, president and chief executive Terry Lundgren said: “All of ...

  • Macy’s rolls out international shipping

    Macy’s begins shipping to UK


    US department store chain Macy’s is making a play for the UK as it opens up its website to customers here

  • NRF conference

    Multichannel comes of age


    Data analytics, mobile commerce and precision marketing were all hot topics at this year’s NRF. Rebecca Thomson reports

  • News

    Macy's expands online fulfilment centre to cope with growth


    Department store chain Macy’s has announced it will expand its online order fulfilment centre near Portland, Tennessee, to accommodate continued online sales growth.The 600,000 sq ft facility opened in spring 2007. The expansion will add 374,000 sq ft. Construction is expected to begin this autumn so that the expanded facility ...

  • News

    First overseas Bloomingdale’s set for Dubai


    Macy’s chairman, president and chief executive officer Terry J Lundgren has revealed the first Bloomingdale’s store overseas - a 200,000 sq ft unit opened in February in Dubai and licensed to Al Tayer Insignia - is already contributing to corporate earnings. He also disclosed at the company’s AGM that the ...

  • News

    Macy's like-for-likes up 5.5%


    Macy’s has reported $5.57bn (£3.85bn) sales in the first quarter, an increase of 7.2% compared with the same period last year. Sales were up 5.5% on a like-for-like basis.Online sales ( and combined) were up 34% in the period.Net income was $23m (£15.9m), compared to an $88m (£60.9m) loss ...

  • News

    Macy's to cut 1,500 jobs


    Department store operator Macy’s is to cut 1,500 store-level jobs, according to reports in the US press.The move comes as the retailer strives to improve efficiencies across the company. Remaining staff will undergo training to take on additional responsibilities.Macy’s spokesman Jim Sluzewski declined to confirm the number of redundancies, but ...

  • News

    Macy's to launch outlet store


    Macy’s-owned Bloomingdale’s plans to launch outlet stores.The first four outlet stores will open in the second half of the year, with two expected to be located in South Florida.The 25,000 sq ft stores will carry clothing and accessories for women, men and children. They will feature both new merchandise and ...

  • News

    Macy’s credit rating reduced to junk status


    Macy’s had its credit rating reduced to junk status by ratings agency Moody’s.

  • News

    Bloomingdale’s boss defends premium strategy


    Department store retailers should continue to push upmarket in defiance of the downturn, according to Bloomingdale’s chairman and chief executive Michael Gould.

  • Opinion

    The Retail Week – May 30, 2008


    While the American economy might be heading towards recession, New York still remains the epicentre of the retail world.

  • News

    Macy’s rolls out iPod vending machines


    US department store chain Macy’s has rolled out vending machines for consumer electronics to 400 stores.