Tag Archives: Macy’s

Macy’s Expands GoodWeave Collection

Goodweave Bashian Rug

NEW YORK–Macy’s has expanded its program with GoodWeave, and now offers consumers eight collections, with a total of 30 styles, in its Macy’s Fine Rug Galleries stores nationwide and online at macys.com. GoodWeave is the international nonprofit organization that works to end child labor in the carpet industry; these rugs have been certified to beMore »

Last updated: April 1, 2014

Mitigating Risks in Reductions-In-Force

Brian Rauch

By Brian S. Rauch Reductions-in-force have, unfortunately, become a growing trend in the retail sector. As detailed in last month’s issue of HFN, both Macy’s and J.C. Penney recently announced the elimination of 2,000 or more jobs. Even though they are typically done to improve profitability, reductions-in-force can be costly in terms of declines inMore »

Last updated: March 17, 2014

Macy’s Net Blooms for Q4, Fiscal Year

Macy’s Inc.

CINCINNATI-Macy’s posted increases of 11.1 percent and 11.3 percent in fourth-quarter and fiscal-year net income, respectively, resulting in its fifth straight year of double-digit growth in earnings per share. The bottom-line totals were $811 million for the quarter and $1.5 billion for the fiscal year, which ended on Feb. 1. Net sales in the quarterMore »

Last updated: February 25, 2014

MSLO Q4 Net Balloons; Company Slashes Loss for Fiscal Year

MSLO

NEW YORK-Martha Stewart Living Omnimedia (MSLO) reported a 528.5 percent jump in fourth-quarter net income to $7 million, reducing its net loss for the fiscal year to $1.8 million from $56.1 million in the previous fiscal year. Dan Dienst, MSLO’s CEO, attributed the quarterly bottom-line success to “some aggressive and important steps … to alignMore »

Last updated: February 25, 2014

(Selling) Home for the Holidays

Duke_Ratliff

If the consumer press was any indication, the universe almost ended. More precisely, the civilized world as we know it could have come to a crashing halt on Thanksgiving Day. That’s when the Scrooge-like retailers such as … well, pretty much every single retailer of note—opened for business. Macy’s suffered an unfair share of theMore »

Last updated: December 20, 2013

J.C. Penney, MSLO Revise Agreement; Macy’s to Await Court’s Ruling

Martha Stewart

NEW YORK—J.C. Penney and Martha Stewart Living Omnimedia (MSLO) announced that they have cut a new agreement to reduce the number of product categories in J.C. Penney’s MarthaHome collection. Meanwhile, Macy’s said it will wait for rulings on its lawsuits against MSLO and J.C. Penney from New York State Supreme Court Judge Jeffrey Oing. Macy’sMore »

Last updated: October 22, 2013

Macy’s Marks 10th Anniversary of Culinary Council

Macy's Culinary Council 10th Anniversary

NEW YORK-Macy’s celebrated the 10th anniversary of the Macy’s Culinary Council earlier this week, with a celebration at Stella 34 Trattoria & Bar here. Launched in 2003, the council currently consists of celebrity chefs Rick Bayless, Michelle Bernstein, Cat Cora, Tom Douglas, Todd English, Marc Forgione, Johnny Iuzzini, Stephanie Izard, Wolfgang Puck, Marcus Samuelsson, NancyMore »

Last updated: October 17, 2013

Maberry Joins BIA

bia_cordonbleu

SAN FRANCISCO-BIA Cordon Bleu has appointed Lorraine Ragland Maberry vice president of marketing and regional sales. In addition to product development responsibility, Maberry will focus on BIA brand development and communication through social media and image marketing. Maberry has an extensive tabletop background in both retail and wholesale, having worked at Macy’s, Stroud’s, Mikasa/Studio NovaMore »

Last updated: October 14, 2013