Macy's

Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland Hussey Macy Sr. on March 6, 1929 and is headquartered in New York, NY.

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Macy's reports 15% revenue growth, cautious about consumer trends

Macy's is navigating through uncertain periods, maintaining a focus on customer service and business improvement. The company used a scientific approach to guide their second quarter and full-year projections, considering one-year CAGR, two-year CAGR, and 2019 data.

Macy's reports Q2 sales decline, focuses on strategic growth initiatives

Macy's Q2 performance saw declines in net sales but emphasized strategic initiatives for revenue growth and agility in inventory management. Challenges in achieving profitability were acknowledged, but opportunities in cost savings and small-format stores were highlighted.

Macy's reports Q3 decline, highlights strengths and growth opportunities

Macy's Q3 2023 earnings call revealed a decline in net sales, with notable strengths in specific categories and a focus on growth opportunities through strategic initiatives. The company also addressed challenges and provided insights into its future outlook and leadership transition.

Macy's reports solid Q4 earnings, focuses on growth strategies

Macy's navigated challenges in Q3 and Q4, learning from gifting success and focusing on long-term growth drivers.
Strategic investments in private brands, off-mall stores, and marketplace expansion position Macy's for future success.
Despite macro pressures and consumer dynamics, Macy's remains committed to sustainable growth through margin expansion.
Digital capabilities and personalized pricing initiatives are key focus areas for Macy's to drive growth and enhance customer experience.

Macy's Q1 2024: Sales Challenges Amid Resilience and Growth Focus

Macy's Q1 2024 faced challenges from macro headwinds and consumer behavior shifts, impacting sales but showing resilience in certain categories.
Efforts to manage inventory, improve margins, and focus on growth vectors like private brands and omnichannel experiences are key strengths.
Opportunities in promotions, merchandise margins, and attracting younger customers through digital strategies are on the horizon.
Despite challenges, Macy's remains cautiously optimistic, prepared for market uncertainties, and focused on strategic growth initiatives.

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Macy's, Inc. engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm's brands include Macy's, Bloomingdale's, and Bluemercury. It offers men's, women's, and children's apparel, women's accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products. The company was founded by Rowland H. Macy in 1858 and is headquartered in New York, NY.

“Over the past two years, we have been closely following consumer and brand trends, listening to our customers and researching alternatives to fur," Jeff Gennette, Macy's chairman and chief executive officer, said in a statement.

Macy’s will stop selling fur products by September 2020

Macy’s will stop selling fur products by February 2021

The retailer, which also owns Bloomingdales, is the largest U.S. department store to ban fur, with the move praised by animal rights campaigners.

Macy’s Is Banning Fur From 2021

Humane Society applauds move as department store joins companies, cities and states rejecting real fur clothing

Macy's becomes biggest US retailer to end fur sales

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Why Macy's Stock Was Sliding Today

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Credit Suisse analysts went on a downgraded spree in the retail sector, lowering Macy's Inc.

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I think the shares of Macy's Inc. are trading at unreasonably low levels given all that's gone on at the firm over the past several years.

Macy's Is A Screaming Buy At These Prices

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Macy's (M) higher SG&A expenses and strategic investments in long-term endeavors are weighing on margins.

Macy's Down 30% Over 3 Months: What's Behind the Dismal Run?

M has an attractive dividend yield of 10%.

Macy's: A Buying Opportunity

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Macy's (M) plans to hire nearly 80,000 seasonal workers. These workers will be appointed for Macy's and Bloomingdale stores, distribution and fulfillment centers, and call centers.

Macy's Preps for Holiday Season, Announces Hiring Plans

Macy's Inc. M, -5.79% said Thursday it plans to hire 80,000 seasonal employees for the holidays, the same as in 2018.

Macy's to hire 80,000 seasonal employees, the same as last year

Macy's continues to optimize its use of real estate by selling stores that don't make much money relative to their real estate value.

Macy's Will Close and Sell Its Downtown Seattle Store

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The No. 1 department store chain says it will lose customers if it closes low-volume stores that are experiencing persistent sales declines. That might be an acceptable loss.

Should Macy's Fire Its Customers?

The department store giant is struggling to find its footing, amid a larger slowdown in retail.

Macy’s Stock Is Down 50% So Far This Year. Here’s Why The Famous Retailer Is Struggling.

After 20 years of leading the upscale purveyor of beauty products and spa treatments, co-founders Marla Malcolm Beck and Barry Beck are ready to move on.

Bluemercury's Founders Are Leaving Macy's

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Macy's stock could breakout from today's multi-year lows, but the bull thesis lacks sufficient clarity to make M stock a compelling buy.
The post Wait for More Clarity on Macy’s Stock appeared first on InvestorPlace.

Wait for More Clarity on Macy’s Stock

Macy's Inc. M, +1.63% says it is looking both internally and externally for a new chief executive for its beauty chain Bluemercury.

Macy's searching for a new CEO for Bluemercury

Macy's (M) reported earnings 30 days ago. What's next for the stock?

News for Macy's Stock (M)