Macy’s

Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007

Source: macys.com

Company logo
Company cover image
Walmart and Amazon Lead Retail’s Biggest Moments of 2024
Walmart and Amazon Lead Retail’s Biggest Moments of 2024
May 27, 2024  |  Retail

As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far....

READ MORE >
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
Shoppers Dig Into Their Savings to Afford Essentials, Not Nice-to-Haves
May 24, 2024  |  Retail

Among consumers who expect to have to dip into their savings this year, most expect to do so to afford items and services they need, rather than to treat...

READ MORE >
Macy’s: Even Luxury Shoppers Are Making ‘Thoughtful’ Choices About Spending
Macy’s: Even Luxury Shoppers Are Making ‘Thoughtful’ Choices About Spending
May 21, 2024  |  Earnings

Economic pressures are driving shoppers to scrutinize their discretionary spending more carefully, according to Macy’s, with even high-income customers showing increased selectivity in their purchases...

READ MORE >
Department Stores Aim to Attract Gen Z and Millennials
Department Stores Aim to Attract Gen Z and Millennials
May 20, 2024  |  Retail

Macy’s, Kohl’s, Nordstrom and other department stores are reportedly facing a pressing challenge in attracting younger customers. The rise of social media, specialty retailers, big-box stores and online...

READ MORE >
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
Fashion Shoppers’ Shift to Digital Sends Physical Retailers Packing
May 14, 2024  |  Retail

Consumers are increasingly buying clothing from third-party digital marketplaces, forcing more retailers to close shop. Most recently, Ted Baker’s North American business announced Friday (May 10) that amid...

READ MORE >
Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
Kroger Offloading Specialty Pharmacy Suggests Sometimes Less Is More
March 22, 2024  |  Retail

With Kroger selling off its specialty pharmacy business, it seems that retailers’ efforts to pack more and more into their stores may not always be the right...

READ MORE >
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

READ MORE >
As Shoppers Cut Back, Retailers Focus on Big Spenders
As Shoppers Cut Back, Retailers Focus on Big Spenders
March 18, 2024  |  Retail

With economic pressures squeezing the lower and middle classes’ budgets, brands and retailers are setting their sights on the shoppers who still have cash to...

READ MORE >
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft...

READ MORE >