macy ' s , inc .
* paula a. price to join macy’s, inc. as chief financial officer
macy' s inc. (nyse: m): articles: : law360
... macy' s inc. , officemax inc. and other online retailers urged a california magistrate judge on ...
macy' s, inc. (filer) cik: 0000794367 (see all company filings )
macy' s, inc. and citi retail services announce early renewal of credit card portfolio agreement
if approved, the company will be known as macy' s group, inc. , effective june 1, 2007 .
© 2017 maxons restorations, inc. proudly serving new york, new jersey & connecticut
macy' s, inc. engages in the operation of stores, websites, and mobile applications. it operates its business under the brand names macy' s, bloomingdale' s, and bluemercury, which sells merchandise, including apparel and accessories, cosmetics, home furnishings, and other consumer goods. it also provides various support functions to the company' s retail operations through its subsidiaries namely, fds bank; macy' s systems and technology, inc; macy' s merchandising group, inc; and macy' s logistics and operations .
©2018 macy’s, inc. (formerly known as federated department stores, inc .) 7 west seventh street, cincinnati, oh 45202 all rights reserved. review the urltoken privacy policy and legal notice. site by sanger & eby
©2018 macy’s, inc. (formerly known as federated department stores, inc .) 7 west seventh street, cincinnati, oh 45202 all rights reserved. review the urltoken privacy policy and legal notice. site by sanger & eby .
contact: federated department stores, inc. media jim sluzewski, 513 - 579 - 7764 or investor susan robinson, 513 - 579 - 7780 source: federated department stores, inc .
contact: federated department stores, inc. media - jim sluzewski, 513 - 579 - 7764 investor - susan robinson, 513 - 579 - 7780 source: federated department stores, inc .
contact: federated department stores, inc. media - jim sluzewski, 513 / 579 - 7764 investor - susan robinson, 513 / 579 - 7780 source: federated department stores, inc .
on december 19, 1994, federated department stores, inc. (now known as macy’s, inc .) acquired r. h. macy & co. , creating the world’s largest premier department store company. federated department stores operated more than 400 department stores and 157 specialty stores in 37 states .
cincinnati - - (business wire) - - may 18, 2018 - - the board of directors of macy' s, inc. (nyse: m) today declared a regular quarterly dividend of 37. 75 cents per share on macy' s common stock, payable july 2, 2018, to shareholders of record at the close of business on june 15, 2018. about macy’s, inc. macy’s, inc. is one of the nation’s premier retailers. with fiscal 2017 sales of $ 24. 837 billion and approximately 130, 000 employees, the ...
cincinnati - - (business wire) - - feb. 23, 2018 - - the board of directors of macy' s, inc. (nyse: m) today declared a regular quarterly dividend of 37. 75 cents per share on macy' s common stock, payable april 2, 2018, to shareholders of record at the close of business on march 15, 2018. about macy’s, inc. macy’s, inc. is one of the nation’s premier retailers. with fiscal 2016 sales of $ 25. 778 billion and approximately 140, 000 employees, the ...
it' s made macy' s vulnerable to a takeover. and if macy' s does wind up merging with hudson' s bay, it would also reunite macy' s and lord & taylor under one corporate roof .
macy shows gain in sales, cash flow ,
new york times, june 12, 1993. macy' s new york 125th anniversary: 1858 - 1983, new york: r. h. macy & co. , inc. , 1983 .
federated department stores, inc. (now known as macy’s, inc .) is formed as a holding company by several family - owned department stores, including abraham & straus and f & r; lazarus (along with its cincinnati - based subsidiary, shillito’s) and filene’s of boston. corporate offices established in columbus, oh .
ms. joyce m. roche is an independent director of macy' s, inc. , since february 2006. she was the president and chief executive officer of girls incorporated, a national non - profit research, education and advocacy organization from september 2000 through may 2010. prior to assuming her position at girls incorporated, ms. roche was an independent marketing consultant from 1998 to august 2000. she served as president and chief operating officer of carson, inc. from 1996 to 1998, and also held senior marketing positions with carson, inc. , revlon, inc. and avon, inc. ms. roche is a former director of anheuser - busch companies, inc. (until 2008). she is currently also a member of the boards of directors of at & t; , inc. , dr. pepper snapple group and tupperware corporation .
macy' s, inc. is one of the nation' s premier retailers. with fiscal 2017 sales of $ 24. 837 billion and approximately 130, 000 employees, the company operates approximately 690 department stores under the nameplates macy' s and bloomingdale' s, and more than 160 specialty stores that include bloomingdale' s the outlet, bluemercury and macy' s backstage and story. macy' s, inc. operates stores in 44 states, the district of columbia, guam and puerto rico, as well as urltoken, urltoken and urltoken. bloomingdale' s stores in dubai and kuwait are operated by al tayer group llc under license agreements. macy' s, inc. has corporate offices in cincinnati, ohio, and new york, new york .
macy’s herald square location becomes the largest store in the world, following completion of the 7th avenue addition. also, 10, 000 people watch macy’s first parade, now known as macy’s thanksgiving day parade .
explore spring fashion trends and must - have products curated by macy' s fashion experts at
macy' s presents the edit .
in 1924, macy’s employees started the macy’s thanksgiving day parade (originally called the “macy’s christmas parade”), which featured live animals from the central park zoo and drew a crowd of 10, 000 people. that same year, with the store’s 7th avenue expansion completed, macy’s herald square became “the world’s largest store. ”
macy’s tourism marketing and development | for store information go to urltoken © copyright 2018 macy’s. all rights reserved. | read our privacy policy .
r. h. macy & co. , inc. - - better known as macy' s - - is a subsidiary of federated department stores, inc. and operates through two department store groups: macy' s east and macy' s west. the groups, in turn, operate approximately 187 stores located in 21 states. macy' s stores target the middle - to - higher - priced market, offering women' s, men' s, and children' s clothing and accessories; housewares; home furnishings; and furniture. the company also maintains two direct - to - customer retail operations: a mail - order catalog business called macy' s by mail, and an e - commerce web site, macys. com .
macy' s free personal shopping service, my stylist @ macy' s, helps you find the perfect outfit, home furnishings and ...
story founder rachel shechtman named brand experience officer cincinnati - - (business wire) - - may 2, 2018 - - macy’s, inc. (nyse: m) today 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, president of macy’s. in her role, shechtman will focus on ways to ...
macy’s, inc. is a premier omnichannel retailer with iconic brands that serve customers through outstanding stores, dynamic online sites and mobile apps. both macy’s and bloomingdale’s are known worldwide, and each has its own unique identity and customer focus. bluemercury is widely recognized as the nation’s largest and fastest - growing luxury beauty products and spa retail chain .
may 16 macy' s inc said stellar performance at its businesses helped push quarterly same - store sales and profit well above wall street estimates, signaling that the company was keeping up in a fiercely competitive retail landscape .
macy' s, inc. is an omnichannel retail company operating stores, websites and mobile applications under various brands, such as macy' s, bloomingdale' s and bluemercury. the company sells a range of merchandise, including apparel and accessories (men' s, women' s and children' s), cosmetics, home furnishings and other consumer goods... . (more )
most macy' s stores will open at 8 p. m. on thanksgiving
this section contains press releases issued by macy’s, inc. on the date specified. we have not undertaken any responsibility to update the information in these releases and in some instances the information in these releases may be dated .
reports positive 4q comparable sales; exceeds fy17 earnings and comparable sales guidance company plans to return to comparable sales growth in 2018 cincinnati - - (business wire) - - feb. 27, 2018 - - macy’s, inc. (nyse: m) today reported fourth quarter and fiscal 2017 results and is providing guidance for fiscal 2018 that reflects the company’s plan to return to comparable sales growth. “we are committed to returning macy’s, inc. to c ...
about federated: 111, 000 employees in 34 states. founded 1929, headquartered in cincinnati, oh, with corporate offices in cincinnati and new york. federated currently operates more than 450 stores in 34 states, guam and puerto rico under the names of macy' s, bloomingdale' s, bon - macy' s, burdines - macy' s, goldsmith' s - macy' s, lazarus - macy' s and rich' s - macy' s. the company also operates urltoken and bloomingdale' s by mail. federated is converting all regional department stores to macy' s brand effective march 6, 2005. annual sales: $ 15. 6 billion .
new york (ap) — a reported overture by saks fifth avenue' s parent to take over macy' s inc. underscores how further consolidation may be needed to revive the department store sector amid drastic changes in the retail landscape and consumer behavior .
macy' s florida, based in miami, which will assume responsibility for the macy' s east store in san juan, pr at a point to be determined. macy' s florida then will operate 62 stores in florida and puerto rico .
cincinnati - - (business wire) - - feb. 27, 2007 - - federated department stores, inc. (nyse: fd) (nyse arca: fd) today announced that its board of directors will ask shareholders to change the company' s name to macy' s group, inc. a vote to amend the corporation' s charter to accommodate the new name will be conducted in conjunction with federated' s annual meeting on may 18, 2007 .
for federated department stores, inc. carol sanger, 513 / 579 - 7764 (media) susan robinson, 513 / 579 - 7780 (investor )
macy' s, the small dry goods store that r. h. macy founded in 1851 in new york city, became one of the world' s largest retailers .
macy' s parent federated department stores inc. on wednesday reported a fiscal firstquarter loss on costs from its acquisition of may department stores. the retailer remained conservative in its view for the remainder of its fiscal year, sending its shares lower .
we are pleased to continue this very important partnership with citi ,
said karen hoguet, chief financial officer of macy' s inc .
our proprietary and co - branded card programs provide many valuable benefits to cardholders and strengthen the loyalty and engagement of the customers who shop macy' s and bloomingdale' s stores, websites and mobile apps .
midpriced department stores companies such as may have been in a downward spiral, caught between fast - growing discounters with cheaper apparel, such as at wal - mart stores, inc. and target corp. , and high - end merchants with trendier fashions, like neiman marcus group and saks fifth avenue, inc .
federated moves its offices to cincinnati. macy’s acquires o’connor moffat & company of san francisco .
catch the 91st macy’s thanksgiving day parade at 9 a. m. et on nbc .
may focused on profit, and federated focused on fashion. and federated won ,
said bill dreher, retail analyst at deutsche bank securities, inc .
cincinnati - - (business wire) - - may 23, 2018 - - macy’s, inc. (nyse: m) today announced that paula a. price will be appointed chief financial officer, effective july 9, 2018. price will be responsible for leading the company’s finance, accounting, investor relations and internal audit functions. she will report to jeff gennette, macy’s, inc. chairman and chief executive officer, and will be based in new york. price will succeed karen hoguet who, as pre ...
... ’s and macy ’s all fail to follow these guidelines, marking thousands of & ldquo... ;
but even if trump supporters did abandon macy' s, it' s not the only reason the company is struggling .
macy’s wasn’t the first department store to have a parade that honor would go to gimbels, a now - defunct philadelphia - based chain that launched its own parade one year before macy’s .
jeff gennette will become chairman and chief executive officer of macy' s northwest. currently, he is executive vice president and director of stores at atlanta - based macy' s central .
michael g. krauter will become vice chairman and director of stores at macy' s south. currently, he is president and chief merchandising officer of macy' s central in atlanta .
cincinnati - - (business wire) - - may 2, 2018 - - macy’s, inc. (nyse: m) is scheduled to report its first quarter 2018 sales and earnings before the opening of financial markets on wednesday, may 16, 2018. the company will webcast a call with financial analysts and investors that day at 9: 30 a. m. et. macy’s, inc. ’s webcast is accessible to the media and general public via the company' s website at www. macysinc. com. analysts and investors may call i ...
macy' s inc raised its full - year profit forecast on wednesday and reported better - than - expected quarterly and same - store sales, helped by strong international tourism spending, a new loyalty program and a greater assortment of products offered in stores. |
macy' s son was not interested in the retail business, so macy passed ownership into other hands. in 1860 he hired his cousin margaret getchell to do bookkeeping at the store, and she subsequently married a young macy' s salesman, abiel t. laforge. macy increased laforge' s responsibilities, and eventually chose him as heir to half his store. the other half went to macy' s nephew, robert m. valentine .
might also revolt at the thought of a macy' s acquisition. a macy' s purchase would almost certainly lead to a slowdown in the earnings growth of any of these tech titans .
may 16 macy' s inc raised its full - year profit forecast on wednesday and reported better - than - expected quarterly and same - store sales, helped by strong international tourism spending, a new loyalty program and a greater assortment of products offered in stores .
cincinnati - - (business wire) - - jun. 13, 2018 - - macy’s, inc. (nyse: m) today announced that naveen krishna will be appointed chief technology officer, effective june 16, 2018. krishna will be responsible for driving the technology strategy and direction for macy’s, inc. , including all store, e - commerce and internal - facing technologies. he will oversee the teams that build the end - to - end e - commerce experience, enterprise - shared services, infras ...
2005 - 02 - 28 04: 00: 00 pdt new york - - federated department stores inc. , owner of macy' s and bloomingdale' s, has agreed to acquire may department stores co. for about $ 10. 4 billion, executives close to the talks said sunday .
the chinks in macy' s formidable front were minor; competitors claimed that macy' s modern image was tarnished by its refusal to accept major credit cards. in addition, macy' s as a corporation lacked diversity. it operated only department stores, while most other similarly sized operations had diversified into specialty stores. macy' s eventually began development of such stores in the early 1980s .
may was advised by morgan stanley dean witter, inc. and received a fairness opinion from peter j. solomon company, limited. skadden arps provided legal advice to may .
a & s; department stores were converted to the macy’s nameplate in may 1995. also in 1995, federated acquired the broadway department stores, bringing broadway, emporium and weinstocks to the macy’s family, as well as six former i. magnin stores. some 46 stores were converted to the macy’s nameplate. following the model of a & s; , jordan marsh department stores of boston, already owned by federated, was converted to macy’s in march 1996. in january 2001, macy’s absorbed 17 stern’s department stores located in new york and new jersey. in june 2001, federated purchased the liberty house operations in hawaii and guam, bringing the proud macy’s tradition and heritage to the pacific .
, which will sell consumer electronics in 10 macy' s stores in the upcoming holiday shopping period .
barmash, isadore, macy' s for sale, new york: weidenfeld & nicolson, 1989 .
daniel h. edelman will become president and chief operating officer of san francisco - based macy' s west. currently, he is chairman and chief executive officer of macy' s northwest in seattle .
washington, july 9 - two stanley black & decker inc subsidiaries will pay $ 100 million to help clean up a contaminated site in rhode island, the u. s. department of justice said on monday .
on the west coast, as well, retail institutions were vanishing as a result of the macy' s - federated union. in 1994, macy' s west discontinued its i. magnin business, a chain of 12 stores that dated back to 1876. while rich in history, i. magnin was not proving financially successful. the following year, another famous name disappeared from the retail scene, when the company converted all 21 bullock' s locations to macy' s. federated also bulked up macy' s presence on the west coast with the 1995 acquisition of broadway stores, inc. , an 82 - unit chain headquartered in los angeles. the majority of the newly acquired broadway stores were converted into macy' s .
in 1997 and 1998, federated began major renovations on macy' s east flagship store at herald square in manhattan and macy' s west flagship store at union square in san francisco. the company also explored two new avenues of retailing: mail order and online sales. macy' s east began the company' s first - ever mail order catalog, macy' s by mail, while the west division tackled cyberspace by launching macys. com .
for the first time, most macy' s stores will open at 8 p. m. on thanksgiving, the company said monday. in previous years, macy' s opened at midnight on black friday .
discover the hottest summer home and fashion trends through macy’s presents the edit, curated by macy’s fashion office continue to find your remarkable you in a new campaign featuring breathtaking summer fashion a new instagram feed and an expanded macy’s style crew bring the best in fashion to social macy’s is partnering with the y once again to send deserving kids to summer camp new york - - (business wire) - - may 1 ...
macy' s midwest, based in st. louis, will retain responsibility for 38 locations in four states now operating under the names of famous - barr, l. s. ayres and the jones store, as well as 38 kaufmann' s locations in new york, ohio, pennsylvania and west virginia, and six macy' s stores in pennsylvania and indiana now operated by the macy' s central division. after systems conversions expected by spring 2007, macy' s midwest will assume responsibility for an additional 24 macy' s, three kaufmann' s and one famous - barr store in ohio, kentucky, indiana and west virginia. by early 2007, macy' s midwest will operate approximately 110 stores in nine states .
on march 6, the company will convert five of its divisions - - originally rich' s, lazarus, goldsmith' s, burdines and bon marche - - into macy' s. retail analysts believe federated will convert most, if not all, of may' s regional chains into macy' s .
the large - cap biotech stocks have been left in the dust this year with the ishares nasdaq biotechnology etf (ibb) rising by only 8. 7% . this, by most standards, is a healthy gain compared to the s & p 500 rise of only 3% . signs are emerging that the larger - cap biotechs are poised to break out in the near term, and that could send stocks like celgene corp. (celg), gilead sciences, inc. (gild), amgen inc. (amgn) and alexion pharmaceuticals, inc. (alxn) much higher .
the macy' s - federated merger created a true retail giant. the combined companies laid claim to more than $ 13 billion in revenue, 11 department store chains, and more than 300 stores in 26 states. it was not long after coming under federated' s ownership that macy' s felt the first tremors of change. federated began rolling several of its smaller chains into the two large macy' s east and macy' s west divisions to streamline operations and avoid intercompany competition. as an initial move in this direction, federated consolidated its jordan marsh chain into macy' s east. the following year, the company phased out its 130 - year - old abraham & straus chain in january, converting most stores to macy' s, bloomingdale' s, or stern' s. nine of the former a & s stores joined the macy' s east division .
most macy' s stores will open at 8 p. m. on thanksgiving for the first time, most macy' s stores will open at 8 p. m. on thanksgiving, the company said monday. in previous years, macy' s opened at midnight on black friday. check out this story on urltoken urltoken
as part of this agreement, macy' s will leverage citi' s credit card systems .
this move will provide enhanced efficiency and effectiveness while facilitating advanced analytics to support sales growth for the iconic macy' s and bloomingdale' s brands for years to come ,
johnson added .
macy' s northwest, based in seattle, which will grow to encompass 20 meier & frank stores in oregon, washington and utah. in total, macy' s northwest will operate approximately 71 stores in six states .
the latest miracle on 34th street for macy' s could wind up being a sale of the company itself .
macy' s south, based in atlanta, encompassing most of what is now the macy' s central division. it will grow to include 59 foley' s stores in texas, oklahoma and louisiana; 33 hecht' s stores in north carolina, tennessee and virginia; two macy' s east stores in louisiana; one macy' s west store in texas, and one famous - barr store in kentucky. on an interim basis, it also will be responsible for three kaufmann' s stores in ohio and west virginia, and a second famous - barr store in kentucky. after systems conversions expected by spring 2007, the four interim locations and 24 other stores in ohio, indiana, kentucky and west virginia operated by macy' s south will be transferred to macy' s midwest. by early 2007, macy' s south will operate approximately 133 stores in 10 states .
beginning feb. 1, 2006, about 850 macy' s stores (including may company locations to be converted to the macy' s nameplate in 2006 and excluding stores announced for divestiture) will operate through seven geographic divisions, each responsible for store management and operations, soft goods merchandise buying and planning, human resources, finance, marketing, visual merchandising and other functions in its region. the new york - based macy' s home store division will retain responsibility for home - related merchandising and marketing in all macy' s stores, including (beginning in 2007) those to be operated by the newly created macy' s midwest and macy' s north divisions .
federated department stores, inc. was originally chosen as the company' s name in 1929 by a group of family - owned department stores that joined together under a corporate holding company umbrella. federated became an operating company in 1945, and its portfolio over the years has included various regional department store names. in 2005 and 2006, all regional nameplates were converted to macy' s. the company today operates only macy' s and bloomingdale' s stores, with both brands expanding nationwide .
ms. sara levinson serves as an independent director of macy' s, inc. , since may 1997. ms. levinson is co - founder and a director of katapult (formerly known as kandu), a digital entertainment company making products for today' s creative generation, since april 2013. ms. levinson was the non - executive chairman of clubmom, inc. , an online social networking community for mothers, from october 2002 until february 2008, and was chairman and chief executive officer of clubmom from may 2000 through september 2002. she was president of the women’s group of publisher rodale, inc. from october 2002 until june 2005. from september 1994 through april 2000, she was president of nfl properties, inc. , where she oversaw a $ 2 billion consumer products and e - commerce division, corporate sponsorship, marketing, special events, club services and publishing. prior to nfl properties, ms. levinson served at mtv networks as president, mtv, where she oversaw marketing, research, new business development, strategic operations and international operations. ms. levinson is currently also a member of the board of directors of harley davidson, inc .
robert m. soroka will become president and chief operating officer of macy' s north. currently, he is chairman of marshall field' s .
over the years, r. h. macy & co. went public, opened regional stores, took over competing retail outlets and, in 1994, was itself acquired by federated department stores, which had operated hundreds of stores across 37 states and, with this purchase, became the largest department store retailer in america. the online macy’s—macys. com—was launched in 1997, significantly broadening the company’s reach. in 2007, federated department stores changed its corporate name to macy’s, inc. and now has over 600 stores across the united states .
by the middle of 1999, macy' s east operated a total of 87 stores, occupying a total of 23. 8 million square feet. macy' s west consisted of 100 stores, totaling 20. 1 million square feet. as a federated subsidiary, macy' s was part of a strong and growing organization, with a healthy bottom line. building on federated' s strength, macy' s was likely to remain a cornerstone of department store retailing for years to come .
mr. jeffrey a. kantor is chief stores and human resources officer of macy' s, inc. , since february 2015. prior thereto he served as chairman of urltoken from february 2012 to february 2015; as president - merchandising for home from may 2009 to august 2010 and as president for furniture for macy’s home store from february 2006 to may 2009. kantor was president for furniture for macy' s home store. for the previous two years, kantor was president of the hecht' s / strawbridge' s division of the may department stores company, which was acquired by macy' s, inc. in 2005. he also served as senior vice president and general merchandise manager for cosmetics, accessories, dresses, suits, intimate apparel and hosiery at the boston - based filene' s / kaufmann' s division of may company. a native of belmont, ma, kantor joined filene' s in boston in 1981 as an assistant buyer for men' s. he is a graduate of the university of massachusetts - amherst and lives in the new york city area .
may'' obviously felt they needed it more than federated,'' he said, referring to federated department stores inc. , the parent of bloomingdale' s and macy' s. although the other bidders, and their bids, were not made public, it is widely thought that both federated and j. c. penney had submitted offers .
john t. harper will become vice chairman and director of stores at macy' s midwest in st. louis. currently, he is chairman of hecht' s / strawbridge' s .
tjx cos inc attracted more bargain hunters in the first quarter, helping the off - price apparel retailer report same - store sales above wall street expectations and sending its shares to a record high on tuesday .
macy' s north, based in minneapolis, encompassing what is now the marshall field' s division of may company. it will retain responsibility for 62 stores in eight states now operating as marshall field' s, as well as assume responsibility in fall 2006 for one ayres store in indiana and one macy' s west store in minnesota. in total, macy' s north will operate approximately 64 stores in eight states .
macy' s group is the appropriate name for our company, given that about 90 percent of our sales involve the macy' s brand. that said, bloomingdale' s is - and will remain - a very important part of the company. becoming macy' s group will in no way limit or constrict us from growing in any direction in the future ,
lundgren added .
retail analysts expect federated to cut administrative positions across may' s divisions to reduce costs .
you wouldn' t need two buyers to deal with ralph lauren ,
said david e. griffith, an analyst at tradition asiel securities, inc .
always the innovator, macy’s is known for several firsts that changed the retail industry. macy’s was the first retailer to promote a woman, margaret getchell, to an executive position, making business history. macy’s pioneered such revolutionary business practices as the one - price system, in which the same item was sold to every customer at one price, and quoting specific prices for goods in newspaper advertising. known for its creative merchandising, macy’s was the first to introduce such products as the idaho baked potato and colored bath towels. macy’s also was the first retailer to hold a new york city liquor license .
macy’s best - in - class app will power mobile checkout and augmented reality mobile checkout will scale to all stores nationwide by year - end and an in - app augmented reality furniture experience launches next month in - store virtual reality furniture shopping experience scales to 60 locations this year new york - - (business wire) - - mar. 19, 2018 - - in macy’s, inc. ’s (nyse: m) latest example of its test, iterate and scale approach ...
if hudson' s bay offers a big premium for macy' s, smith will probably be on board with a sale. but he could agitate for macy' s to seek other buyers, which could start a bidding war if other retailers jump in with their own offers .
approximately 20 stores opened in q1 opening new backstage distribution center in columbus, ohio, creating more than 400 jobs cincinnati - - (business wire) - - apr. 30, 2018 - - macy’s, inc. (nyse: m) today provided an update on the expansion of macy’s backstage, the company’s on - mall, off - price concept. the company opened approximately 20 backstage locations in the first quarter of fiscal 2018 as part of its previously announced plan to open ...
boston’s jordan marsh is one of the founders of new york city - based allied stores corporation, a successor to hahn department stores, inc. a holding company founded in 1928, hahn brought chain store advantages to independent, family - owned department stores .
may 22 tjx cos inc attracted more bargain hunters in the first quarter, helping the off - price apparel retailer report same - store sales above wall street expectations and sending its shares to a record high on tuesday .
in 1978 finkelstein was promoted from president to chairman of macy' s new york division. the macy' s miracle, as it was called, gained momentum as annual sales soared between the years 1979 and 1982. in 1982 corporate sales gains of 20. 1 percent topped the industry, and macy' s surpassed its major competitors in operating profit per square foot .
macy’s entered 2005 with about 240 locations, primarily on the east and west coasts. with the conversion of all federated’s regional store name - plates in march 2005, macy’s grew to about 425 locations across the country. in september 2006, with the conversion of stores acquired from the may department stores company, macy’s served customers through approximately 730 stores. as of april 1, 2017, macy' s now serves customers through approximately 670 stores in virtually every major geographic market in the united states, as well as the urltoken website .
this year, macy’s makes every girl’s prom dream a reality with the chicest styles and latest trends macy’s is again partnering with nonprofit becca’s closet and tlc’s say yes to the prom to help underserved girls have an unforgettable prom new york - - (business wire) - - mar. 28, 2018 - - macy’s (nyse: m) wants every girl to look red carpet - ready this prom season. from metallic beading to feminine ruffles, party - goers nationwide can sh ...
* * file * * federated department stores chief executive office terry lundgren gestures during an interview in his cincinnati, ohio, office wednesday, july 23, 2003. federated department stores inc. , which... more
macy' s plans to shut as many as 40 more stores in early 2016, picking up the pace of its closings .
but questions about the future of macy' s have been swirling for some time, and they have intensified in recent weeks .
trump called for a boycott of macy' s and gloated on twitter when the company started to report disappointing sales last year .
and any deal for macy' s will probably need the blessing of activist shareholder jeff smith of starboard value partners as well .
the hottest trends curated by macy’s fashion office are available now through macy’s presents the edit the spring 2018 campaign, find the remarkable you, encourages women to dress up to feel inspired and empowered macy’s is partnering with wendy nguyen from wendy’s look book, as well as micro - influencers, for the instagram live hack on march 14; the # findremarkable instagram thread motivates women to find their own style new yo ...
weil decided to combat this by cutting macy' s prices even further. the huge herald square store proved to have several weaknesses - - while no one could match the giant' s prices across the board, gimbel could undersell macy' s in pharmaceuticals; gertz of long island, new york, in books; and bloomingdale' s, in stationery and menswear. in 1952 macy' s posted the first year of loss in its history. its battle plan was outmoded; macy' s fumbled in directions it had previously ignored, instituting charge accounts and catering more to its suppliers .
as many current may company corporate and merchandising organization employees as possible will be offered the opportunity to fill new positions being created across the country, including at the macy' s midwest division, federated' s cincinnati corporate headquarters and at macy' s merchandising group (mmg) in new york .
transition plan underway cincinnati - - (business wire) - - apr. 4, 2018 - - macy’s, inc. (nyse: m) announced today that karen hoguet, chief financial officer since 1997, has decided to retire in february 2019, at the completion of the company’s fiscal year. an external search is underway for hoguet’s replacement and the company anticipates a well - ordered transition. “karen hoguet is one of retail’s most respected executives and is an o ...
macy' s west, based in san francisco, which will grow to encompass 44 robinsons - may stores in california, nevada and arizona, and 17 foley' s stores in colorado, new mexico and texas. in total, macy' s west will operate approximately 187 stores in six states .
mr. francis s. blake is independent director of the company. mr. blake is chairman of the home depot, inc. from january 2007 until his retirement in february 2015. he is chief executive officer of the home depot, inc. from january 2007 to november 2014. he is vice chairman of the home depot, inc. from october 2006 to january 2007. mr. blake executive vice president - business development and corporate operations of the home depot, inc. from 2002 to january 2007. in this position, mr. blake was responsible for the company' s real estate, store construction, credit services, strategic business development, growth initiatives, and international and home services businesses. prior to his affiliation with the home depot, mr. blake served in a variety of executive positions at general electric company from 1992 to may 2001, including as senior vice president, corporate business development in charge of all worldwide mergers, acquisitions and dispositions and identification of strategic growth opportunities .
owner of macy' s reported ready to acquire may co. / $ 10. 4 billion deal would create huge retail store chain
straus passed the chairmanship of macy' s on to robert (bobby) weil, his sister' s son, as the 1940s ended. weil beefed up macy' s advertising campaign, billing the store as the
community
store. nevertheless, as the postwar economy picked up, new yorkers no longer craved the bargains that were macy' s stock in trade, and did more shopping at other stores. macy' s stock fell from $ 3. 35 per common share in fiscal 1950 to $ 2. 51 in fiscal 1951. further problems lay ahead .
ms. karen m. hoguet is no longer chief financial officer of macy' s, inc. , effective july 9, 2018. prior thereto she served as executive vice president and chief financial officer of the company from june 2005 to february 2009. ms. hoguet served as senior vice president and chief financial officer of the company from october 1997 to june 2005 .
stronger - than - expected sales at macy' s and bloomingdale' s stores open at least a year drove the quarter' s results, federated said. these so - called same - store sales are considered a key gauge of a retailer' s performance .
trachtenberg, jeffrey, the rain on macy' s parade: how greed, ambition, and folly ruined america' s greatest store, new york: times business, 1996 .
zinn, laura, and christopher power ,
it' s too soon to write macy' s obituary ,
business week, december 17, 1990, p. 27 .
to help celebrate their new american heritage, macy’s immigrant employees organized the first christmas parade in 1924. the procession featured floats, bands, animals from the zoo and 10, 000 onlookers, beginning a time - honored tradition now known as the annual macy’s thanksgiving day parade .
the macy' s flower show, held in flagship stores in new york city, chicago and san francisco, was launched in 1946 .
peterson, thane ,
macy' s is trimmed in red ,
business week, december 30, 1991, p. 48 .
but this much is certain. macy' s days as an independent company could soon be numbered. the stock has soared 12% in the past two days on the takeover speculation. if macy' s decides it would rather remain independent, its shares would likely tank .
ms. molly langenstein is chief private brands officer of macy' s, inc. since february 2015. ms. langenstein has been chief private brands officer of the company since february 2015; prior thereto she served as executive vice president - men’s and kids at macy’s private brands from april 2014 to february 2015; as executive vice president gmm - millennial from march 2012 to march 2014; as executive vice president fashion and new business development from july 2010 to march 2012 and as group vice president dmm neo, impulse and bridge sportswear from march 2009 to july 2010 .
* * file * * federated department stores chief executive office terry lundgren gestures during an interview in his cincinnati, ohio, office wednesday, july 23, 2003. federated department stores inc. , which reportedly is in merger talks with may department stores inc. , brushed off questions on tuesday, feb. 22, 2005, about whether it might be vying to buy may or other retailers. (ap photo / al behrman) ran on: 02 - 28 - 2005 terry lundgren less
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pomice, eva ,
macy' s hopes for santa claus ,
u. s. news and world report, december 3, 1990, pp. 60 - - 62 .
frank j. guzzetta will become chairman and chief executive officer of minneapolis - based macy' s north. currently, he is president and chief executive officer of marshall field' s .
all marshall field' s stores will convert to the macy' s nameplate in fall 2006. this includes 62 locations in michigan, illinois, minnesota, wisconsin, north dakota, indiana, ohio and south dakota that will continue to be operated by the minneapolis - based division that will become known as macy' s north .
owner of macy' s reported ready to acquire may co. / $ 10. 4 billion deal would create huge retail store chain - sfgate
the acquisition of may by federated would bring together some of the most venerable names in retailing, from may' s marshall field' s and lord & taylor to federated' s macy' s and bloomingdale' s. although their names are grand, their place in the retail world has grown more and more uncertain .
macy' s east, based in new york, which will grow to encompass 42 filene' s stores in new england; 34 hecht' s stores in maryland, pennsylvania, virginia and washington, d. c. ; 16 kaufmann' s stores in new york, and 12 strawbridge' s stores in delaware, new jersey and pennsylvania. in total, macy' s east will operate approximately 185 stores in 12 eastern states and washington, d. c .
while no division consolidations or store name changes are planned before 2006, federated said it is likely that most of may' s regional department stores ultimately will be converted to macy' s .
andrew p. pickman will become president and chief merchandising officer of atlanta - based macy' s south. currently, he is president and chief executive officer of foley' s in houston .
atlanta, ga  building on a nearly decade - long relationship, macy' s, inc. and citi retail services are today announcing the early renewal and long - term extension of their credit card services agreement. this new agreement, to run through march 2025, with substantially similar financial terms, will further solidify the strong relationship between one of the nation' s premier omnichannel retailers and the preferred provider of retail credit products and analytical solutions .
in january 1994, federated department stores made a move to acquire macy' s when it bought almost $ 5 million of macy' s debt from prudential insurance company. headquartered in cincinnati, federated owned several department store chains, including abraham & straus, jordan marsh, the bon marche, rich' s / goldsmith' s, stern' s, lazarus, and macy' s major competitor, bloomingdale' s. for seven months, macy' s officials resisted federated' s efforts to purchase it, hoping to instead turn the company around on their own. however, the company' s efforts to climb out of bankruptcy were proving inadequate; despite cost - cutting measures and new marketing initiatives, it was unable to return to profitability. in july 1994, the company yielded to federated, agreeing to be acquired and filing a joint reorganization plan. after bankruptcy court approved the reorganization in december 1994, the companies completed the merger, bringing macy' s out of its three - year bankruptcy .
last month, macy' s announced plans to shut down 68 stores and cut more than 10, 000 jobs following disappointing sales during the holidays .
cincinnati - - (business wire) - - dec. 21, 2005 - - federated department stores, inc. (nyse: fd) (pcx: fd) today announced a series of new division senior management appointments, effective feb. 1, 2006, as the company integrates its macy' s divisions following the acquisition of the may department stores company, which was completed aug. 30, 2005 .
macy’s honors national pride month through participation in pride parades nationwide, special in - store events, exclusive merchandise and more new york - - (business wire) - - may 29, 2018 - - this june, macy’s (nyse: m) celebrates national lgbtq pride month with its customers, colleagues and local communities via in - store events, local pride parade celebrations, organization sponsorships and special merchandise available at macy’s stores nationwide and ...
macy' s had acquired the old o' connor, moffat co. store as its first california outpost in 1945. it was renamed and made macy' s flagship in san francisco' s then posh union square. like other urban retail centers, however, union square and its surrounding complement of chic shops, including i. magnin, liberty house, the emporium, bonwit teller, gumps, and a host of others, fell victim to urban decay in the 1960s. finkelstein was sent to bail out macy' s california in 1969. macy' s upgraded its image, aiming its product lines at a more well - heeled buyer. the transformation of california' s 12 stores helped macy' s surpass most of its competitors, leaving it as one of the top three retailers, along with the emporium and i. magnin .
july 9 - tesla inc has raised prices on its model x and s cars by more than $ 20, 000 in china, automotive news website electrek reported on monday, making it one of the first u. s. carmakers to hike prices in the wake of rising trade tensions. china slapped tariffs on u. s. car imports on friday in response to president donald trump' s move to impose duties on $ 34 billion ...
no modern convenience was lacking in the herald square store. it was equipped with newly designed escalators, pneumatic tubes to move cash or messages, and an air exhaust system that provided the store with a constant supply of fresh air. macy' s spacious building had ample fitting rooms, accommodation desks, an information counter, and comfortable restrooms. macy' s had a fleet of comparison shoppers who checked out other stores' prices to be sure macy' s merchandise was competitively priced. sales pushed to $ 11 million within a year of the move. called the world' s largest store, macy' s herald square thrilled tourists and locals alike .
this year’s dazzling pyrotechnic spectacle will mark macy’s fireworks largest display since the millennial celebration with more than 75, 000 shells and effects launched from seven barges positioned in midtown on the east river, accompanied by a rousing patriotic score from the west point band and glee club and featuring a special rendition of “god bless america” from superstar kelly clarkson in honor of the nation’s armed forces, “macy’s salutes ...
factoring companies that finance manufacturers' shipments to retailers tightened credit for those who did business with macy, but the company was able to show that it was managing its cash flow through financial maneuvering that allowed macy' s to get additional monies from major stockholders. in addition, the company sold two subsidiaries, macy credit corp. and macy receivables funding corp. , to general electric capital corp. for $ 100 million, relieving the company of $ 1. 5 billion in debt. several months later, macy' s completed the sale of its equity interest in the valley fair shopping center in san jose, california .
macy’s acquires a minority equity stake in b8ta new york - - (business wire) - - jun. 12, 2018 - - macy’s (nyse: m) today announced an evolution of its commercial partnership with technology powered retailer b8ta. as part of its strategic focus on enhancing the in - store customer experience, the company will leverage b8ta’s best - in - class software platform to scale the market @ macy’s, becoming strategic partners in this ‘retail - as - a - service’ model. the ...
mr. harry a. lawton, iii. , is president of the company, with effective from september 8, 2017. as president, mr. lawton will be responsible for all aspects of the macy’s brand, including merchandising, marketing, stores, operations, technology, and consumer insights and analytics. mr. lawton, 43, most recently served as senior vice president, north america at ebay, inc. since 2015. at ebay, mr. lawton’s responsibilities included all aspects of the americas business unit, including marketing, merchandising, operations, business selling, consumer selling and advertising. before joining ebay, mr. lawton held a number of leadership positions at home depot, inc. from 2005 until 2015, including senior vice president of merchandising and head of home depot’s online business.
macy 's , inc. , originally federated department stores , inc. , is an american holding company headquartered in cincinnati , ohio . it is the owner of department store chains macy 's and bloomingdale 's , which specialize in the sales of clothing , footwear , accessories , bedding , furniture , jewelry , beauty products , and housewares ; and bluemercury , a chain of luxury beauty products stores and spas . as of 2016 , the company operated approximately 888 stores in the united states , guam , and puerto rico . its namesake locations and related operations account for 90 % of its revenue . according to deloitte , macy 's , inc. is the world 's largest fashion goods retailer and the 36th largest retailer overall , based on the company 's reported 2010 retail sales revenue of $ 25 billion ( equivalent to $ 27.5 billion in 2017 ) . 
macy's, inc., originally federated department stores, inc., is an american holding company headquartered in cincinnati, ohio. it is the owner of department store chains macy's and bloomingdale's, which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares; and bluemercury, a chain of luxury beauty products stores and spas. as of 2016, the company operated approximately 888 stores in the united states, guam, and puerto rico. its namesake locations and related operations account for 90% of its revenue. according to deloitte, macy's, inc. is the world's largest fashion goods retailer and the 36th largest retailer overall, based on the company's reported 2010 retail sales revenue of $ 25 billion (equivalent to $ 27.5 billion in 2017).
macy's, inc., originally federated department stores, inc., is an american holding company headquartered in cincinnati, ohio. it is the owner of department store chains macy's and bloomingdale's, which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares; and bluemercury, a chain of luxury beauty products stores and spas. as of 2016, the company operated approximately 888 stores in the united states, guam, and puerto rico. its namesake locations and related operations account for 90% of its revenue. according to deloitte, macy's, inc. is the world's largest fashion goods retailer and the 36th largest retailer overall, based on the company's reported 2010 retail sales revenue of $ 25 billion (equivalent to $ 27.5 billion in 2017).