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Macy's

  • More stores in Macy's pipeline, 3Q comps up 4%

    CINCINNATI — Macy's Inc. reported that earnings were 32 cents per diluted share for the third quarter of 2011, ended Oct. 29, compared with earnings of 2 cents per diluted share in last year's third quarter, or 8 cents per diluted share in last year's third quarter excluding expenses of 6 cents per share associated with the repurchase of debt.

  • Macy's to open at midnight on Black Friday

    NEW YORK — Macy's announced that, for the first time ever, it will open its stores at 12 a.m. on Friday, Nov. 25, the day after Thanksgiving, to give shoppers a jump on Black Friday.

    According to the company, its Black Friday sale will include door-buster deals on hundreds of items from electronics to jewelry, and even a limited-edition fragrance gift set from Justin Bieber featuring his holiday CD and an exclusive bonus track. 

  • Former GameStop chief drops 'interim' from CEO title at Hancock Fabrics

    BALDWYN, Miss. — Hancock Fabrics hass announced that its board of directors has appointed Steven Morgan, the current interim president and CEO and member of the company’s board of directors, to serve as president and CEO, effective immediately. Morgan will continue to serve as a member of the Company’s board of directors.

  • JCPenney last in race with Macy's, Kohl's

    MENOMONEE FALLS, Wis. PLANO, Texas and CINCINNATI – While Kohl’s and Macy’s posted September sales growth, JCPenney had to scale its outlook back after a weaker than expected month.

    Kohl’s reported that sales for September increased 5.8% and comparable-store sales increased 4.1% over the same period last year. 

  • Macy's boosts seasonal hiring in anticipation of holiday sales

    CINCINNATI — While research groups are predicting various results for holiday spending, such retailers as Macy's Inc. are hoping that expectations for increased spending will prove to be right and are boosting seasonal hiring in preparation. Macy’s Inc. said it plans to hire approximately 78,000 seasonal associates for its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide for the 2011 holiday season.

  • Macy's Inc. announces store, online tech innovations

    CINCINNATI — Macy's Inc. has announced the launch of a series of technology innovations in its Macy's and Bloomingdale's stores and websites designed to improve shopper experience.

  • Dept. stores report April sales growth

    NEW YORK —  Consumers took advantage of Easter promotions and helped drive up sales at leading U.S. department stores.

    Macy's Inc. reported total sales of $1.924 billion for the four weeks ended April 30, an increase of 10.9% compared with total sales of $1.735 billion in the four weeks ended May 1. The company’s same-store sales were up 10.8%, beating Macy’s guidance for comps to be up between 8% and 9%.

  • Macy's joins list of retailers supporting Japanese relief efforts

    CINCINNATI -- Macy's Inc. announced that it will make a corporate contribution of $100,000 in cash to the American Red Cross for earthquake and tsunami relief on behalf of Macy's and Bloomingdale's associates across America. In addition, the company said it will match, on a dollar-for-dollar basis, all employee contributions of $25 or more to the American Red Cross and other U.S.-based organizations providing rescue and relief assistance in Japan. 

  • Macy's growing e-commerce, adding jobs

    CINCINNATI - Macy's Inc. has announced a series of organizational expansions, totaling approximately 725 new positions over the next two years, to support the growth of macys.com and bloomingdales.com. 

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