Welcome to our dedicated page for Macys news (Ticker: M), a resource for investors and traders seeking the latest updates and insights on Macys stock.
Macy's Inc (NYSE: M) remains a cornerstone of American retail with its iconic department stores and evolving digital strategy. This news hub provides investors with centralized access to official announcements, financial disclosures, and market analyses related to the company's operations across its Macy's, Bloomingdale's, and Bluemercury brands.
Our curated collection enables efficient tracking of quarterly earnings reports, strategic partnerships, and leadership developments that impact Macy's market position. Users will find timely updates on store optimization initiatives, e-commerce enhancements, and brand collaborations that drive the company's multi-channel retail approach.
The repository includes verified press releases covering financial results, merchandising innovations, and corporate governance updates. For comprehensive market understanding, we aggregate coverage of Macy's responses to retail industry trends and consumer behavior shifts.
Bookmark this page for direct access to unfiltered operational updates from one of retail's most historic brands. Check regularly for new developments affecting Macy's competitive positioning in the evolving department store sector.
Macy’s (NYSE: M) will report its first quarter 2022 sales and earnings results on May 26, 2022, at 8:00 a.m. EDT. A conference call will follow, accessible to analysts and investors by calling 1-800-458-4121 with passcode 8403658. A replay will be available two hours post-call. The general public can join via a live webcast on www.macysinc.com, where the presentation will also be posted. Macy’s, headquartered in New York City, provides quality brands through various nameplates, including Bloomingdale’s and Bluemercury.
Kohl’s Corporation (KSS) experienced a significant drop in share price, declining over 9% in a single day, which translates to a loss of hundreds of millions in market capitalization. Macellum Advisors, holding nearly 5% of Kohl’s shares, expressed concerns that continued value destruction could affect ongoing sale negotiations and potential offers. They urged shareholders to consider voting for nominees from both management and Macellum at the upcoming Annual Meeting. Notably, the California State Teachers’ Retirement System publicly supported all of Macellum’s nominees.
Macy’s enhances its The Workshop program for underrepresented brands, committing
Macy’s, Inc. (NYSE: M) is set to open a new 1.4 million-square-foot fulfillment center in China Grove, North Carolina, in 2024, aiming to enhance its omnichannel business capabilities. The facility will employ nearly 2,800 workers and represents a $584 million investment. Once operational, it will account for approximately 30% of Macy’s digital supply chain capacity, featuring advanced automation technology for increased productivity. This initiative is part of a broader strategy to bolster Macy’s digital sales growth and strengthen its position as a leading omnichannel retailer.
Macy's, Inc. (NYSE: M) has appointed Marie Chandoha and Jill Granoff to its board of directors, effective April 1, 2022. Chandoha, with over 35 years in financial services, previously served as CEO of Charles Schwab Investment Management, while Granoff brings 30 years of experience in consumer-driven companies, notably at Eurazeo and Vince. These appointments aim to enhance the board's expertise aligning with the Polaris growth strategy to drive shareholder value and respond to evolving consumer needs.
Macy's has partnered with Colombian artist Maluma to launch an exclusive fashion collection called Royalty by Maluma. This collection is designed for both men and women, featuring versatile styles and sizes ranging from XS to XXL, with prices between
Macy’s (NYSE: M) announced that CFO Adrian Mitchell will participate in a fireside chat at J.P. Morgan’s 8th Annual Retail Round-Up on April 7, 2022, at 8:00 a.m. EDT. A live webcast will be accessible on the investor relations section of the Macy’s website, with a recording available post-event. Macy’s is a leading retailer, known for quality brands at great values, including its iconic nameplates like Macy’s, Bloomingdale’s, and Bluemercury, and operates a significant e-commerce business.
Macy’s (NYSE: M) announced plans to expand its Backstage locations across the U.S. this spring, starting April 9 and continuing through June 2022. The retailer will open 37 new store-within-store Backstage locations, providing significant savings on on-trend merchandise. Flagship stores in Chicago and New York City will feature new Backstage locations, with Chicago opening April 9 and New York in May. This expansion aims to meet changing consumer demands and includes hiring new staff across various positions.
Macy’s has launched the 'Own Your Style' hub, celebrating spring fashion with curated looks from its Fashion Office experts. The hub features new collections from notable collaborations, including Royalty by Maluma and Jeannie Mai x INC. The spring trends focus on nostalgia, pastels, and vibrant yellows. Notably, Macy’s is promoting women's empowerment through a charitable campaign supporting Girls Inc. Additionally, the 'Pass the Style' film showcases individuality in fashion, promoting a blend of various styles and confidence for shoppers. The collections cater to diverse sizing and include a digital shopping experience.
