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Bloomingdale's

  • Pleasant weather warms up sales in February

    Retailers across the board saw increased sales in February, thanks to unseasonably warm weather and increased consumer confidence that got shoppers out of their house and into the stores.

    In a month that was solid overall, the discount sector showed its muscle, turning in a strong February same-store sales performance nearly across the board.

  • Macy’s shines, Kohl’s disappoints in February

    New York -- Results were mixed among the department store players in February, as Macy’s turned in a strong performance and Kohl’s missed expectations.

    For the month, Macy’s reported a same-store sales gain of 4.6%, beating the 3.5% rise anticipated by Wall Street. Online sales for the operator of Bloomingdale’s and its namesake banner surged 31.3%, boosting the same-store sales percentage advance. Total revenue in February increased 5.5% to $1.86 billion.

  • Bloomingdale’s launches new loyalty program

    New York City -- Bloomingdale’s said Monday it has launched a new customer loyalty program called Loyallist in all U.S. retail locations and online. 

  • Macy’s Q4 up 12%, tops Street

    Cincinnati -- Macy’s net income in the three months ended Jan. 28 rose a better-than-expected 12% to $745 million as the chain, buoyed by strong holiday and online sales. The company has now seen net income rise in three straight quarters.

  • Macy's continues sales streak

    CINCINNATI — Macy's continues to see improved financial performance, reporting fourth-quarter sales and earnings today that exceeded management’s expectations.

    The company reported fourth-quarter earnings per diluted share of $1.74, compared with diluted earnings per share of $1.59 for the fourth quarter of 2010. Sales for the quarter increased 5.5% to $8.7 billion from $8.3 billion last year. Same-store sales for the quarter increased 5.2%.

  • Discounters post solid results for January; Macy’s misses estimates

    New York City -- The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations. Overall, discounters reported stronger results than department stores, which appeared to take a greater hit due to the unseasonably warm weather and heavy promotions.

    As the first month of the year, January accounts for only 20% Nov.-Jan. sales, and 7% of annual sales, according to RetailMetrics.

  • Forever 21 expansion opens at Town Center at Boca Raton

    Boca Raton, Fla. -- Town Center at Boca Raton, in Boca Raton, Fla., will celebrate the expansion and relocation of Forever 21 to its soon-to-be-completed Cafes at Boca. The 19,000-sq.-ft. upgraded store will offer upgrades and added offerings.

    “With the relocation of our store at Town Center at Boca Raton, we are able to accommodate more brands and new concepts,” said Larry Meyer, Forever 21 executive VP.

  • Scanning the Globe: Hot New Stores

    Looking for a hit list of the hottest new stores outside of the United States? Check out of some of the contenders below. The information comes from the London-based retail consultancy echochamber.com.

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