Macy’s Unveils Plan to Open up to 30 Small-Format Stores
Oct 3, 2023 · Beginning in 2024, up to 30 new Macy’s small-format locations will open across the country. This expansion is in addition to the nearly 15 small-format Macy’s and Bloomie’s locations that Macy’s, Inc. currently operates.
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Macy’s, Inc. Reports Second Quarter 2024 Results
Aug 21, 2024 · Macy’s, Inc. Reports Second Quarter 2024 Results. August 21, 2024. DownloadPDF 161 KB. GAAP EPS and Adjusted Diluted EPS of $0.53, exceeded outlook. Gross margin rate of 40.5%, better than outlook. Macy’s First 50 locations achieve second consecutive quarter of positive comparable sales.
Macy’s, Inc. Announces “A Bold New Chapter” – Challenging the …
Feb 27, 2024 · Strengthens the Macy’s Nameplate, Accelerates Luxury Growth and Simplifies and Modernizes End-to-End Operations. Focuses Macy's resources by closing approximately 150 underproductive locations through 2026. Prioritizes Macy’s investments in approximately 350 go-forward locations.
Macy’s, Inc. Reports First Quarter 2024 Results
May 21, 2024 · Macy’s Media Network revenue, net rose $8 million to $37 million from increased vendor engagement. Merchandise inventories were up 1.7% versus first quarter of 2023. Entering the second quarter of 2024, end-of-quarter inventories are well-positioned for the upcoming summer season.
Macy’s, Inc. Reports Third Quarter 2023 Results
Nov 16, 2023 · Gross margin rate for the quarter was 40.3%, up from 38.7% in the third quarter of 2022. Merchandise margin improved 110 basis points, due to lower permanent markdowns within the Macy’s brand, as well as improved freight expense, partially offset by planned changes in Macy’s category mix.
Macy’s Launches Mode of One, a New Contemporary Menswear …
Sep 12, 2024 · Mode of One strengthens Macy’s contemporary menswear assortment and is part of the company’s ongoing private brands reimagination. The collection is now available on Macys.com, the Macy’s mobile app, and in Macy’s stores nationwide.
Macy’s, Inc. Terminates Discussions with Arkhouse and Brigade
Jul 15, 2024 · Macy’s, Inc. Terminates Discussions with Arkhouse and Brigade. Revised Proposal Lacks Certainty of Financing, Remains Non-Actionable and Does Not Provide Compelling Value. Reiterates Board and Management’s Commitment to Shareholder Value Creation and Confidence in “A Bold New Chapter” Strategy.
Macy's Launches First Small-Format Stores in Northeast and …
Aug 22, 2023 · Four new stores will open as Macy's, giving customers curated selections in a fresh space with a new vibe. NEW YORK-- (BUSINESS WIRE)-- Today, Macy's announced the locations of four new small-format stores scheduled to open in fall 2023.
Macy’s, Inc. Reports Fourth Quarter and Full-Year 2023 Results
Feb 27, 2024 · NEW YORK--(BUSINESS WIRE)-- Macy’s, Inc. (NYSE: M) today reported financial results for the fourth quarter and full-year 2023 and provided fiscal 2024 guidance. “I am grateful to all our teams for their continued commitment to our …
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