Macy’s Q3 top, bottom lines beat Street; lifts profit outlookMacy’s reported a better-than-expected third quarter as improvements in gross margins and merchandise inventory helped offset declining sales. Westfield Old Orchard mall set to undergo third renovation, new retailers arrivingA multi-phase redevelopment of Westfield Old Orchard will bring apartments and a long list of new uses to the 1.5 million-sq.-ft. mall that debuted in Skokie, Ill. in 1956. Macy’s enters the metaverse Macy’s is debuting an immersive fashion experience built on metaverse technology. Macy’s to open up to 30 small-format stores as it goes off mall for growth Macy’s is ramping up the expansion of its off-mall, downsized store concept. Bloomie’s sets opening date for Seattle Bloomingdale’s is bringing its smaller-store format to the Pacific Northwest. Target unveils long-term partnership with jewelry brand Kendra Scott Target Corp. is adding some sparkle to its offerings ahead of the holidays as it continues its strategy of long-term brand partnerships. Macy’s appoints global retail exec as CEO of Bloomingdale’s Macy’s Inc. has tapped an international retail executive to lead its luxury division. Gap Inc. taps toy executive as its next CEO The executive who, among other things, brought the magic back to Barbie is heading to Gap Inc. Club Studio to open its fifth location at Santa Monica Place Fitness International’s boutique concept was just introduced in January. Department Stores Are Getting Smaller (And Smarter) We’ve become too conditioned to the idea that “bigger is better,” especially in the United States. Stitch Fix taps Macy’s digital chief as CEO Stitch Fix has ended its search for a new chief executive. Macy’s sales fall short in tough Q1; cuts outlook Macy’s reported worse-than-expected first-quarter sales and reduced its outlook amid a slowdown in consumer spending that picked up more steam in the early spring. First Previous 3 4 5 6 7 Next Last
