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Macy’s raises approximately US$ 4.5 billion in financing

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

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

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

As lockdown restrictions are eased and the retail fraternity is getting ready to reopen stores and welcome back shoppers,...
Pandemic changing shopping, focus now on making it faster, easier, safer

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...
Coronavirus freezes consumer-driven US economy, testing retailers

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

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

Macy’s, Inc. announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth.“We...
Macy’s to hire 80,000 seasonal employees in 2018

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...
Ivanka Trump announces closure of her fashion brand

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

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

Macy’s has announced that it has acquired STORY, a concept store in New York City.Additionally, Rachel Shechtman, STORY’s Founder...
Where Have Macy’s Shoppers Gone?

Where Have Macy’s Shoppers Gone?

Macy’s is the US department store market leader, but the company has experienced falling sales and consequent loss of...