Tag Archives: Macy’s

Retail Scorecard: Small Appliances

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NEW YORK-Macy’s has a huge number of deals this week. It is offering the KitchenAid Artisan 5-Quart Stand Mixer and the KitchenAid Architect 5-Quart Stand Mixer each for $349.99; both qualify for an unspecified rebate. The Keurig 2.0 K350 Brewer is available for $149.99, and the Keurig K45 Single Serve Brewer is being sold forMore »

Last updated: December 15, 2014

Bottom Line Up 22.6 Percent for Macy’s Q3

Macy’s

CINCINNATI-Slimmed-down expenses helped propel Macy’s to a 22.6 percent gain in third-quarter net income, which totaled $217 million. Selling, general and administrative expenses were cut by 4.4 percent in dollars and 110 basis points as a percentage of sales, to 32.4 percent, in the quarter, which ended on Nov. 1. Terry Lundgren, Macy’s chairman andMore »

Last updated: November 12, 2014

Macy’s First Store Outside U.S. to Open in Abu Dhabi

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CINCINNATI-Macy’s will open its first location outside of the United States in Abu Dhabi in 2018, as part of a strategic partnership with Al Tayer Group, a company based in the United Arab Emirates with diversified businesses. Also as part of this partnership, Bloomingdales’s will open its second international store location in Abu Dhabi inMore »

Last updated: October 28, 2014

Tommy Hilfiger Home Hosts High Line Event

Tommy Hilfiger Terry Lundgren

NEW YORK–The stars were out last night—both the celeb version as well as the ones in the sky—as the second-annual High Line Art Dinner took place outdoors, underwritten by Tommy Hilfiger Home and hosted by Friends of the High Line. More than 200 guests attended the event, including Tommy and Dee Hilfiger, artists Jeff KoonsMore »

Last updated: September 18, 2014

Macy’s Outlines New Developments in Omnichannel Effort

Macy’s Inc.

CINCINNATI-Macy’s has augmented its omnichannel strategy and technology with several new developments. As of Sept. 9, Macy’s and Bloomingdale’s stores are supporting the Apple Pay mobile payment system, which will be launched this fall on Apple’s new iPhone 6 and iPhone 6 Plus mobile devices, and on the new Apple Watch. In addition, both storesMore »

Last updated: September 16, 2014

Belk Ups Clevenger, Luoma

Jan Clevenger

CHARLOTTE, N.C.-Belk Inc. has promoted Jan Clevenger to executive vice president and general merchandise manager of men’s, home and kids, and has named David Luoma as chair of its Belk Western Division. The promotion of Clevenger puts her in charge of merchandising for those three areas, and she reports to David Zant, recently named presidentMore »

Last updated: August 14, 2014

Macy’s Net Rises 3.9 Percent in Q2

Macy’s

CINCINNATI-With sales trending up thanks to a rebound in traffic after a difficult winter, Macy’s second-quarter net income increased 3.9 percent to $292 million. Net sales in the quarter, which ended on Aug. 2, were up 3.3 percent to $6.3 billion, including a pickup of 4 percent in same-store sales. Terry Lundgren, Macy’s chairman andMore »

Last updated: August 13, 2014