Macy’s Inc.
Shuffle Board: C-Suite Changes at Disney, Macy’s, FabFitFun; New Brand President at Keds
Walt Disney named Josh D'Amaro chairman of Disney Parks, Experiences and Products; Bornie Del Priore became…
Macy’s Revamps Polaris Plan as Q1 Sales Take 45% Tumble
CEO Jeff Gennette says digital sales haven't slowed where stores reopened, and fashion bankruptcies could…
Macy’s Newest Investor? A Czech Billionaire With a 5% Stake
Macy's newest investor also holds stakes in French retailer Casino and German wholesaler Metro AG, which he…
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Macy’s CEO Expects ‘Modest Sales’ When Stores Reopen
CEO Jeff Gennette gave up the details on Macy's plans to reopen stores, which will require cash-flow analysis…
Macy’s Takes Heat Over Fireworks Display and Labor Contract Talks
Twitter users blast NYC decision to go ahead with Macy's annual July 4th celebration as labor union pushes to…
Macy’s, American Eagle Eye $5.4B Raise as COVID-19 Costs Pile Up
Retailers drew down their credit lines, and now the cycle continues as Macy's and American Eagle eye $5.4B…
Working Capital: Macy’s, Burlington, Nordstrom, Asos Move to Drum Up New Funds
Retailers are exploring options to raise cash so they can be ready to handle inventory when stores eventually…
Shuffle Board: Macy’s CFO Leaving, Nordstrom Names Two Board Members and Tech Firms Add to Ranks
Macy's Inc. EVP and CFO Paula Price is leaving as of May 31, and Nordstrom Inc. announced the appointment of…
Macy’s CFO Is Out—Days After Retailer Booted From S&P 500
Outgoing CFO Paula Price has been on the job for less than two years.
Virus Knocks Macy’s Off S&P 500—And Other Retailers Could Be Next
For inclusion in the S&P 500, companies must have a market cap of at least $8.2 billion.
Does Retail Have Enough Cash to Survive Store Shutdowns?
Retailers have stocked up on cash and credit to hunker down for the pandemic's many unknowns, but how long…
Macy’s Furloughs ‘Majority’ of 130,000 Staff as Virus Takes ‘Heavy Toll’ on Retail
Indefinitely idled stores are forcing retailers from Macy's to Canada's Reitmans to make difficult decisions…
Macy’s Sees ‘Slowdown of Product’ From China, Though Nothing ‘Concerning’ Yet
Macy's posted better-than-expected Q4 results, but 2020 guidance doesn't include possible impact from…
Macy’s Credit Rating Cut to ‘Junk’ on Turnaround Doubts
Macy's loses investment-grade rating on corporate debt as credit analysts expect operating performance to…
Macy’s Design Pilot Saved $19 Million and It’s Hoping to Scale That Sourcing Success
Macy's turnaround plan will weed out many of the inefficiencies holding the company back from moving at the…