NYSE:M

Macy’s Unveils Plan to Open up to 30 Small-Format Stores

Retrieved on: 
Tuesday, October 3, 2023
Luxury, Men, Department Stores, Home Goods, Family, Consumer, Other Retail, Jewelry, Specialty, Fashion, Cosmetics, Footwear, Retail, Women, Children, Online Retail, Catalog, Growth, Bloomingdale's, Multimedia, NYSE, Macy's

Beginning in 2024, up to 30 new Macy’s small-format locations will open across the country.

Key Points: 
  • Beginning in 2024, up to 30 new Macy’s small-format locations will open across the country.
  • This expansion is in addition to the nearly 15 small-format Macy’s and Bloomie’s locations that Macy’s, Inc. currently operates.
  • This will be the third Bloomie's location to open, adding to existing stores located in Fairfax, Va. and the Chicagoland area.
  • Year-to date through spring 2023, Macy’s small-format stores open for more than one fiscal year have achieved positive comparable owned plus licensed sales growth.

BLOOMIE'S BY BLOOMINGDALE'S TO OPEN IN SEATTLE THIS NOVEMBER

Retrieved on: 
Monday, October 2, 2023
Partnership, Life, Cookie, Rag, Eli Hoover House and Confectionary, Bloomingdale's, Cotton candy, Candy, Collection, Dog, Rag & Bone, Retail, Byredo, Michael Bloomberg

NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Bloomingdale's today announced that it will open a "Bloomie's" store location in Seattle, WA on November 2, 2023 within University Village. The smaller store concept by Bloomingdale's provides a casual, contemporary, and highly curated experience for shoppers in the Seattle community. This will be the third Bloomie's location to open, with the other stores located in Fairfax, VA and Skokie, IL.

Key Points: 
  • The smaller store concept by Bloomingdale's provides a casual, contemporary, and highly curated experience for shoppers in the Seattle community.
  • This will be the third Bloomie's location to open, with the other stores located in Fairfax, VA and Skokie, IL.
  • "Although this is our first physical storefront in the area, Bloomingdale's already has an engaged customer base in the Seattle market.
  • Bloomie's at University Village is excited to open its doors and welcome the Seattle community, and will continue to impress multi-generational customers with its curated collection of designers and brands.

BLOOMINGDALE'S ANNOUNCES ANNUAL PINK CAMPAIGN WITH THE LAUNCH OF ITS AQUA X KERRI ROSENTHAL COLLECTION

Retrieved on: 
Thursday, September 28, 2023
Linda, Breast Cancer Awareness Month, Collection, Partnership, Pink Panther (character), EVP, PINK, Tutu, Breast Cancer Research Foundation, Research, HERE, Breast, Organization, BCRF, Breast cancer awareness, Bloomingdale's, AQUA, Breast cancer, Running, Patient, Eventbrite, System, Credit, Animation, Birth control, Online shopping, Nightclub, Interior design

NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Bloomingdale's today announces AQUA x Kerri Rosenthal, a special collection that serves as an addition to its annual Pink Campaign.  The continuation of the retailer's Give Pink, Get More initiative reinforces its long standing commitment to supporting breast cancer awareness. Over the past 18 years, Bloomingdale's has raised over $17 million for both the Breast Cancer Research Foundation (BCRF) and the Tutu Project.

Key Points: 
  • The retailer's annual Give Pink, Get More campaign will benefit its two long-standing partners, the
    NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Bloomingdale's today announces AQUA x Kerri Rosenthal, a special collection that serves as an addition to its annual Pink Campaign.
  • The 46- piece AQUA x Kerri Rosenthal collection consists of a range of women's and girl's ready-to-wear, seasonal accessories, and home goods inspired by a painting Kerri created exclusively for Bloomingdale's in honor of Breast Cancer Awareness.
  • We are honored to now layer in yet another element to the activity this season with the launch of AQUA X Kerri Rosenthal."
  • Additional information on the Bloomingdale's PINK Campaign can be found HERE , and information on local PINK Yoga and PINK Party events can be found on Eventbrite in select markets.

Macy’s and Toys“R”Us ® Announce Geoffrey’s Hot Toy List for the 2023 Holiday Season

Retrieved on: 
Tuesday, September 26, 2023
Women, Department Stores, Children, Other Retail, Toys, Men, Family, Consumer, Retail, Online Retail, Nerf, True Heroes, Fastlane, Macy's, Holiday, You and Me, Multimedia, Life, LEGO, Toy

To kick off this upcoming holiday season, Macy’s and Toys“R”Us® have unveiled Geoffrey’s Hot Toy List for 2023 to make every gift giver the star of the holidays by offering top toys for every age and interest.

Key Points: 
  • To kick off this upcoming holiday season, Macy’s and Toys“R”Us® have unveiled Geoffrey’s Hot Toy List for 2023 to make every gift giver the star of the holidays by offering top toys for every age and interest.
  • This year’s list of hot toys features the most coveted toys for the ‘Toys R Us’ kid in all of us, from favorite brands like Barbie, Hot Wheels, Pokémon, LEGO, Nerf & more.
  • Customers can shop toys off the Hot Toy List and thousands more, arriving now through October in-store and online at macys.com and toysrus.com, as well as on the Macy’s app.
  • “We are thrilled to bring Geoffrey’s Hot Toy List for the 2023 holiday season to our customers with unique Toys“R”Us experiences for kids of all ages to explore and discover all of these fun toys at Macy’s stores across the country,” said Adeline Trento, resident toy expert at Macy’s.

Macy’s, Inc. to Hire for More Than 38,000 Seasonal Positions

Retrieved on: 
Monday, September 18, 2023
Online Retail, Fashion, Retail, Footwear, Department Stores, Season, Holiday, Bluemercury, NYSE, Culture, Music, Renting

Macy’s, Inc. (NYSE: M) today announced plans to hire for more than 38,000 full- and part-time seasonal positions this upcoming holiday season at its Macy’s, Bloomingdale’s and Bluemercury stores, as well as its distribution centers.

Key Points: 
  • Macy’s, Inc. (NYSE: M) today announced plans to hire for more than 38,000 full- and part-time seasonal positions this upcoming holiday season at its Macy’s, Bloomingdale’s and Bluemercury stores, as well as its distribution centers.
  • This year’s number of seasonal positions at Macy’s, Inc. are consistent with open positions in 2022.
  • “We are pleased to enhance our team of customer service professionals during the holidays with more than 38,000 seasonal positions.
  • Seasonal positions are open at all store and distribution center locations nationwide with greater hiring opportunities available in the following markets:

Macy’s, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s

Retrieved on: 
Tuesday, September 12, 2023
Online Retail, Family, Luxury, Jewelry, Consumer, Delivery Services, Fashion, Teens, Cosmetics, Retail, Children, Women, Bron, Robinson, Multimedia, History, Strategic planning, Bloomingdale, Bloomingdale's, Bain, Growth, Bain & Company, Development, Robinsons Department Stores Online, NYSE, Galeries Lafayette, 3D printing, Management

Macy’s, Inc. (NYSE:M) today announced that it has named Olivier Bron Chief Executive Officer of Bloomingdale’s, with an anticipated start date in early November.

Key Points: 
  • Macy’s, Inc. (NYSE:M) today announced that it has named Olivier Bron Chief Executive Officer of Bloomingdale’s, with an anticipated start date in early November.
  • Bron will report directly to Tony Spring, who was appointed President and CEO-Elect of Macy’s, Inc. in March following a 36-year career at Bloomingdale’s.
  • View the full release here: https://www.businesswire.com/news/home/20230912522143/en/
    Macy’s, Inc. Appoints Olivier Bron as CEO of Bloomingdale’s (Photo: Business Wire)
    As CEO of Bloomingdale’s, Bron will lead overall strategy across all facets of the business.
  • “I am honored to be named the next CEO of Bloomingdale’s,” said Bron.

Macy’s and Gap Launch Sleepwear and Intimates Collections Available Exclusively at Macy’s

Retrieved on: 
Tuesday, August 29, 2023
Fashion, Online Retail, Retail, Consumer, Department Stores, Women, Men, Partnership, Gap Inc., B2B, Patterson School of Diplomacy and International Commerce, Woman, Trade, Multimedia, Macy's, Collection, IMG, Cassette tape

Today, Macy’s announced a partnership with Gap to launch an exclusive collection of sleepwear, underwear and intimates for men and women.

Key Points: 
  • Today, Macy’s announced a partnership with Gap to launch an exclusive collection of sleepwear, underwear and intimates for men and women.
  • Starting today, the Gap assortment is available to shop at prices ranging from $12.50 to $79.95 on Macys.com, Macy’s mobile app and in select stores nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20230829862722/en/
    Macy’s announces partnership with Gap, featuring a collection of sleepwear, underwear and intimates for men and women.
  • (Photo: Business Wire)
    The launch features a sleepwear line offering a wide variety of men’s and women’s product designed for ultimate comfort and style.

Macy’s, Inc. Board of Directors Declares Quarterly Dividend

Retrieved on: 
Friday, August 25, 2023
Men, Family, Jewelry, Department Stores, Consumer, Fashion, Teens, Cosmetics, Retail, Children, Women, Home Goods, Macy's, NYSE, Holding company, Department store

The board of directors of Macy's, Inc. (NYSE: M) today declared a regular quarterly dividend of 16.54 cents per share on Macy's, Inc.’s common stock, payable October 2, 2023, to shareholders of record at the close of business on September 15, 2023.

Key Points: 

The board of directors of Macy's, Inc. (NYSE: M) today declared a regular quarterly dividend of 16.54 cents per share on Macy's, Inc.’s common stock, payable October 2, 2023, to shareholders of record at the close of business on September 15, 2023.

Macy's Launches First Small-Format Stores in Northeast and Western Region as Part of Ongoing Expansion Strategy

Retrieved on: 
Tuesday, August 22, 2023
Retail, Online Retail, Department Stores, Fashion, Online, Macy's, Part, Multimedia, LGBT culture in Dallas–Fort Worth, INC

These openings mark the first expansion of its small-format locations into the Northeast and Western regions of the United States, with openings in Boston, Las Vegas and San Diego.

Key Points: 
  • These openings mark the first expansion of its small-format locations into the Northeast and Western regions of the United States, with openings in Boston, Las Vegas and San Diego.
  • With small store opening momentum growing in the Midwest, the expansion also sees its third location in the region with the recent opening in Highland, Indiana.
  • The eight previous locations continue to be known as Market by Macy's, whereas the upcoming small-format stores will bear just the iconic Macy's nameplate.
  • View the full release here: https://www.businesswire.com/news/home/20230822515565/en/
    Macy’s Launches First Small-Format Stores in Northeast and Western Region as Part of Ongoing Expansion Strategy.

Macy’s, Inc. Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 22, 2023
Jewelry, Online Retail, Luxury, Department Stores, Fashion, Catalog, Cosmetics, Bridal, Retail, Home Goods, Footwear, Reading, Digital, Backstage, Beauty, Shoe, Bluemercury, NYSE, Comparable, Pharmaceutical industry, Security (finance), Video game

Macy’s, Inc. (NYSE: M) today reported financial results for the second quarter of 2023 and updated its annual guidance.

Key Points: 
  • Macy’s, Inc. (NYSE: M) today reported financial results for the second quarter of 2023 and updated its annual guidance.
  • This negatively impacted second quarter results and led to an increase in the portfolio’s bad debt outlook.
  • Gross margin rate for the quarter was 38.1%, down from 38.9% in the second quarter of 2022.
  • Shortage in the second quarter of 2023 was informed by a June physical inventory count in certain categories.