In wake of public pressure over his inflammatory comments, Macy’s has severed its relationship with Donald Trump and will phase out his branded merchandise from its stores.
CEO Terry Lundgren said that he hesitated to launch a Macy’s outlet chain but that competitive pressure eventually left his firm with little choice. Read more at Fortune. SHARE
The licensed tuxedo shops, to be located inside 300 Macy’s doors by fall 2016, will be branded as Macy’s but operated and staffed by Men’s Wearhouse.
Macy’s and New York City Mayor Bill de Blasio announced that the 39th annual fireworks show will be back on the East River for a second year on Saturday, July 4th. The largest 4th of July fireworks display in the country will be in two spots along the shores of …
Macy’s Inc. announced that it is officially entering the off-price business with four pilot stores in the New York City area this fall. The concept, hailed by the retailer as one of its “key growth initiatives,” will be called Macy’s Backstage. The Backstage stores will carry both clearance items from …
Karen Murray, president of VF Sportswear and chair of the board of The Marfan Foundation, hosted the annual Heartworks Gala last week at Cipriani, raising over $1.2 million to help provide education, patient support and research for people living with Marfan syndrome and related disorders. Marfan syndrome is an inherited …
American Express is launching a loyalty program called Plenti with a diverse group of retailers and companies, including Macy’s, AT&T, ExxonMobil, Nationwide Insurance, Rite Aid drugstores, Direct Energy and Hulu.
Among the biggest changes: Tim Baxter is now chief merchant, Peter Sachse is now chief for innovation and business development and Jeff Kantor will now be chief stores officer.
Molly Langenstein, EVP of men’s and children’s at Macy’s, talks about reaching Millennials with an omni-channel approach.
Flower shows, fireworks, Fashion Rocks: Macy’s sure knows how to throw a monumental event.
With a major redesign of the Herald Square store and a successful Ryan Seacrest launch, Macy’s men’s GMM Richard Arnstein has a lot to be excited about.
Macy’s Inc. revealed plans to support Apple Pay, a pilot program for same-day delivery, an image search app for iPhones and several other innovations.
Harry Sheff talks to Durand Guion at Macy’s and Glen Hoffs at Brooks Brothers about the tailored clothing boom.
Macy’s chief merchant Jeff Gennette has been promoted to president, effective immediately.
Macy’s says 37 of its stores in 11 states will be open 24 hours a day—107 hours straight—beginning at 7am this morning.
Most Macy’s stores will be opening at 8pm on Thanksgiving night, the day before the traditional start to holiday shopping.
Harry Sheff: Only the very young don’t have some memory of visiting a regional department store.
Elise Diamantini: A few factors are driving the high single-digit increases that contemporary merchants have achieved year to date: 1) a surge in non-denim bottoms; 2) more affordable pricepoints; 3) slimmer styling; and 4) a new focus on shorts and swimwear.
After a modest but promising uptick in sales at retail, tailored clothing is bracing for another hurdle. It’s the same issue for tailored clothing as it is for every other apparel category: rising costs. Cotton is way up, so is wool and even synthetics. And Chinese manufacturers have ceded more …
MENOMONEE FALLS, Wis. — Kohl’s Department Stores says it will hire as many as 40,000 seasonal workers for the holiday season, an increase of 20 percent over last year. That’s an average of 35 workers per store, the company says. Other seasonal workers will fill positions in the retailer’s distribution …