Macy’s Reports Drop in Quarterly Profit, Names New Digital Chief
Macy’s saw a quarterly profit drop as the retailer relied on heavy discounting to clear out its spring and summer merchandise. Still, the company’s stock,
Macy’s saw a quarterly profit drop as the retailer relied on heavy discounting to clear out its spring and summer merchandise. Still, the company’s stock,
Macy’s, the US department store chain, has appointed Massimo (Max) Magni as chief customer and digital officer. “I’m excited to welcome Max to Macy’s, Inc. He brings
Apparel subscription service Stitch Fix announced on Wednesday (June 14, 2023) that Matt Baer would assume the CEO role and become a member of its
While Nordstrom confidently restated its full-year guidance despite the slowdown in Q1 sales, Macy’s is preparing for a year of challenges as it continues to deal with
Macy’s CEO Jeff Gennette plans to retire in February next year after a four-decade-long career with the department store chain. He will be handing over
Macy’s has launched a third-party marketplace to provide its customers with an assortment of new brands, merchandise categories, and products from third-party merchants and brand
Macy’s is investing $584 million in opening a 1.4 million square-foot fulfillment center in North Carolina to support its growing digital business. The facility, which
Macy’s has hired Target executive Emily Erusha-Hilleque as its new senior vice president to help develop the company’s private brands portfolio. In her role, she
The spread of the Omicron variant and the ongoing shortage in the labor market is forcing retailers to rethink their operations. Macy’s, for one, is
Macy’s has raised its full-year forecast ahead of the holiday season after it reported Q3 earnings and sales results that beat analysts’ expectations. The company