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, Inc. announced plans to hire approximately 76,000 full- and part-time employees for its brands, including Macy’s, Bloomingdale’s, and Bluemercury. Of these, 48,000 roles are seasonal, while others are permanent opportunities. The hiring event is set for September 23, 2021, across over 500 locations from 11 a.m. to 7 p.m. Competitive pay, flexible scheduling, and various bonuses are offered, including a $500 referral bonus. The company emphasizes growth opportunities, with many seasonal roles leading to permanent positions.
Macy’s (NYSE:M) has launched its fall fashion campaign, 'Trademark You,' encouraging shoppers to express their personal style through curated collections from well-known brands. The campaign highlights vibrant color trends, innovative home products from its new brand Oake, and a collaboration with five black fashion visionaries called Icons of Style. Macy’s also partners with Fanatics to enhance its sports merchandise offerings and promotes a new conscious beauty shopping experience. These initiatives aim to boost customer engagement and drive sales this season.
Funko, a leader in pop culture products, announces a collaboration with Macy’s and Lucasfilm to feature a Grogu-themed balloon in the 2021 Macy’s Thanksgiving Day Parade on November 25. This giant balloon, measuring 41-feet high and inspired by Funko's Pop! figure, aims to captivate fans of the Star Wars series. A limited-edition product line will be available for purchase on Funko.com, along with select items at Macy’s Herald Square, generating excitement around the parade and enhancing Funko's market presence.
Macy’s, Inc. (NYSE: M) is set to hold its 95th annual Thanksgiving Day Parade in New York City on November 25, 2021, returning to its traditional format after last year’s television-only event. The parade will feature giant character balloons, floats, marching bands, and celebrities, starting at 9:00 a.m. local time. Health and safety measures will be implemented, including mandatory vaccinations for participants and social distancing protocols. Specific public viewing details will be announced in November.
Macy's (NYSE:M) has partnered with WHP Global to revive the beloved Toys"R"Us brand, allowing customers to shop a wide selection of toys online at macys.com/toysrus and in over 400 Macy's stores starting in 2022. This collaboration aims to enhance Macy's toy offerings, capitalizing on a significant growth in the toy sector. The Toys"R"Us experience will feature age-specific sections and interactive elements in-store, while online shopping will cater to diverse interests and age groups.
Macy’s, Inc. (NYSE: M) reported strong second-quarter 2021 results, with diluted earnings per share reaching $1.08, exceeding expectations. The company raised its fiscal 2021 guidance, projecting net sales of $23.55B - $23.95B and adjusted EPS of $3.41 - $3.75. With $2.1 billion in cash, Macy's reinstated a quarterly dividend of 15 cents per share and authorized a $500 million share repurchase program. The Polaris strategy is yielding positive results, with comparable sales up 61.2% from 2020 and customer engagement improving significantly.
Macy’s today announced the redemption of $1.3 billion in its 8.375% Senior Secured Notes due 2025, set for August 17, 2021. This decision reflects the company's disciplined capital allocation and the resurgence in consumer demand. CFO Adrian Mitchell stated that this redemption enables Macy's to achieve its target leverage ratio and maintain an investment-grade profile by year-end. The company anticipates a pre-tax charge of approximately $185 million in Q3 due to the redemption, but will also realize annualized interest savings of $120 million. These factors are expected to bolster financial stability and shareholder returns.
Macy’s (NYSE: M) will release its Q2 2021 sales and earnings results on August 19, 2021, before market opening. A conference call with financial analysts is scheduled for 8:00 a.m. ET that day, accessible via the company’s website: www.macysinc.com. The call-in number for analysts and investors is 1-800-458-4121, passcode 1495500. A replay will be available approximately two hours post-call. Macy’s operates three retail brands: Macy’s, Bloomingdale’s, and Bluemercury, offering omnichannel shopping.
Macy's, Inc. (NYSE: M) has appointed Maly Bernstein as the chief executive officer of Bluemercury, effective September 13, 2021. Bernstein, with extensive experience in beauty and e-commerce, will oversee the brand's growth strategy, reporting to Tony Spring, chairman and CEO of Bloomingdale's. She succeeds co-founder Marla Beck, who expanded Bluemercury from 60 to over 180 stores since 2015. Bernstein aims to enhance community connections through innovative platforms, continuing Bluemercury’s trajectory in the specialty beauty market.
Macy's (NYSE:M) has launched a new private brand called And Now This, featuring contemporary ready-to-wear and men's apparel. The line focuses on affordable, trend-forward essentials suitable for various occasions, available in sizes XS to XXL for women and S to XXL for men. Macy's aims to inspire customers to express their unique styles through versatile and elevated basics. The collection is now accessible online at macys.com and select stores. Launch events are scheduled in New York City, Chicago, and Fort Lauderdale.
