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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...
Macy’s Chief Financial Officer Karen Hoguet to retire in February 2019

Macy’s Chief Financial Officer Karen Hoguet to retire in February 2019

Macy’s, Inc has announced that Karen Hoguet, Chief Financial Officer since 1997, has decided to retire in February 2019,...
Macy's Executive Chairman Lundgren to retire in January

Macy’s Executive Chairman Lundgren to retire in January

Department store operator Macy’s on Friday announced that Executive Chairman Terry Lundgren will retire on January 31.The retailer named...
Retailers offer new tools to help shoppers find the perfect fit

Retailers offer new tools to help shoppers find the perfect fit

Stores watching Amazon take a larger share of clothing sales are trying to solve one of the most vexing...
Macy's lays off 100 employees, names new president to restructure merchandising unit

Macy’s lays off 100 employees, names new president to restructure merchandising...

Macy's Inc. announced a management shakeup Monday, with the hiring of an eBay executive, Hal Lawton, as President and...

Amazon’s worth is now more than top 8 brick-and-mortar retailers combined

According to Credit Suisse analysts led by Eugene Klerk, with a current market cap of $390 billion, Amazon is now worth...
Macy's, Sears, J C Penney pull out of malls, $48 bn of loans at risk

Macy’s, Sears, JCPenney pull out of malls, US$48 bn of loans...

New research by Morningstar shows that there is no end in sight for the shopping mall crisis in the US.The...
Apple shop debuts in Macy's flagship store

Apple shop debuts in Macy’s flagship store

Macy's flagship Herald Square store in US now houses an Apple shop, which will be manned by Apple associates....
In another blow to Welspun, J C Penney offers refunds on 'questionable' products

In another blow to Welspun, J C Penney offers refunds on...

In what is being seen as a spin-off of the Welspun disaster, US-based retailer J C Penney has said it...