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Macy’s hires more than 1K college kids
Cincinnati – As part of its annual Executive Development Program (EDP) and summer internship program, Macy’s Inc. has hired more than 1,000 college students this spring. Hires include 695 recent college graduates for full-time EDP positions, which serve as entry-level executive training positions.
In addition, 325 current college students have been hired for a variety of internships with Macy’s and Bloomingdale’s.
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DSW Q1 net income drops 13%, but still beats predictions
Columbus, Ohio -- DSW Inc. experienced drops in both net income and same-store sales for the first quarter of fiscal 2013. Net income declined about 13%, dropping to $34.5 million from $39.9 million in the year-ago period, amid hefty one-time charges. Its results, however, beat analyst expectations.
For the quarter ended May 4, same-store sales declined 2.4%. In one bright spot, sales rose almost 8% to $601.4 million, from $558.6 million.