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Claire’s opens shops in Macy’s stores

Claire’s offers hair accessories, jewelry and cosmetics all year, as well as seasonal itemsBy Daphne HowlandNew Delhi: Claire’s is opening shop-in-shops in about 21 Macy’s locations nationally, including eight flagship stores, the companies announced Tuesday.The shops, which began opening...

Macy’s raises approximately US$ 4.5 billion in financing

Macy’s announced the closing on approximately US$ 4.5 billion of new financing, including its previously announced US$ 1.3 billion of 8.375 percent senior secured notes, as well as a new US$ 3.15 billion asset-based credit agreement. In addition, the company...

Shifts In Consumer Behavior Post-Pandemic: How to be prepared for it

Day-to-day life for many around the world has transformed in ways that none of us would have imagined a few months ago. Recuperation to the normal - physical presence and interaction will be gradual. While the world was steadily...

Virtual trial rooms, AI fitting tools are the future of fashion retail

As lockdown restrictions are eased and the retail fraternity is getting ready to reopen stores and welcome back shoppers, the focus has shifted towards trial rooms. Trial rooms are a huge advantage that the brick-and-mortar stores have over e-commerce,...

Pandemic changing shopping, focus now on making it faster, easier, safer

A reminder of mandatory masks, rearranged shelves, paying bills through a plexiglass divider, checking shoppers' temperatures at the door - the coronavirus crisis is changing the shopping experience, albeit, for a faster, easier, and a safer one. According to a...

Coronavirus freezes consumer-driven US economy, testing retailers

The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained by nesting and social distancing.The crisis tests all retailers, leading to temporary store closures at companies like Apple and Nike,...

Macy’s, Inc. announces three-year polaris strategy to stabilize profitability and position the company for growth

Macy’s, Inc. announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth. “We have a clear vision of where Macy’s, Inc. and our brands, Macy’s, Bloomingdale’s and Bluemercury, fit into retail today. We...

Macy’s to hire 80,000 seasonal employees in 2018

Macy’s has announced plans to hire approximately 80,000 seasonal colleagues for positions at its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2018 holiday season. Macy’s anticipates a strong and successful holiday...

Ivanka Trump announces closure of her fashion brand

US President Donald Trump's daughter, Ivanka Trump, has decided to close down her fashion brand.The move comes over a year after she split from the company to enter the White House as a senior adviser, BBC reported on Tuesday.Ivanka...

Macy’s to continue focus on enhancing customer experience with acquisition of STORY

Macy’s has announced that it has acquired STORY, a concept store in New York City.Additionally, Rachel Shechtman, STORY’s Founder and Chief Executive Officer, will join Macy’s, Inc. as Brand Experience Officer, Founder of STORY, reporting directly to Hal Lawton,...
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Kalyan Jewellers opens two stores in Delhi

The stores located at Kohat Enclave in Pitampura and Sector 7, Rohini were inaugurated by Bollywood actor Nora Fatehi New...
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