-
Macy’s Q2 profit surges 64%, raises yearly outlook
Cincinnati -- Macy's reported a whopping 63.9% increase in its second-quarter profit, beating Wall Street estimates. The department store chain is also raising its full-year profit outlook.
Chairman and CEO Terry J. Lundgren described the quarter as "the most successful second quarter and spring season in more than a decade," adding that it came on top of an impressive first half performance last year.
-
Brown Shoe names new leadership at sporting goods division
ST. LOUIS — Brown Shoe Company announced that it has made four strategic additions to the leadership team within its American Sporting Goods division, appointing James Hoff as VP sales across all ASG brands, Alan Vickers as VP international, Brad Little as VP and brand manager Avia and Nevados, and Jorge Cabrera as VP athletic product development.