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Macys Inc - M STOCK NEWS

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.

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Macy’s (NYSE:M) launches its spring campaign, "Wear What You Love Anywhere," celebrating personal style with a variety of apparel, beauty, and home products. This campaign features vibrant colors and trendy styles such as bold florals and minimalism, appealing to shoppers seeking to express themselves. The digital platform, Macy’s Presents The Edit, provides curated looks with expert advice. Additionally, the brand introduces new collections, including CR7 by Cristiano Ronaldo undergarments, and collaborates with black visionaries for the "Icons Of Style" collection. Macy's aims at making fashion accessible and enjoyable for all.

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Macy’s, Inc. (NYSE:M) announced early results of its cash tender offer for various notes through its subsidiary, Macy’s Retail Holdings, LLC. As of the Early Tender Date on March 15, 2021, a total principal amount of over $500 million was tendered. The Early Settlement Date is set for March 17, 2021, with total considerations ranging from $1,018.75 to $1,060.00 per $1,000 principal amount of notes. The offer will be funded using available cash and the proceeds from a new offering of $500 million in senior notes due 2029. Conditions to the offer include the satisfaction of certain criteria outlined in the Offer to Purchase.

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Macy’s, Inc. (NYSE:M) has announced a private offering of $500 million in 5.875% senior notes due 2029. The offering, priced at 100% of principal, is expected to close on March 17, 2021. Proceeds will fund a tender offer, cover related fees, and support general corporate purposes, including debt repayment. The notes are senior unsecured obligations and will be guaranteed by Macy’s. This private offering targets qualified institutional buyers and is exempt from registration under the Securities Act.

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Macy’s, Inc. (NYSE:M) has initiated a cash tender offer to acquire up to $500 million in outstanding notes. The offer is subject to specific caps on various notes totaling $150 million for the 3.875% Senior Notes due 2022 and the 3.625% Senior Notes due 2024. Additionally, the company is soliciting consents related to amendments on its 7.600% Senior Debentures due 2025, aiming to eliminate restrictive covenants. The tender offer and consent solicitation are contingent upon the successful completion of a concurrent New Notes Offering expected to yield at least $500 million.

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Macy’s, Inc. (NYSE:M) plans to issue $500 million in senior notes due 2029 through its subsidiary, Macy’s Retail Holdings, LLC. These senior unsecured notes will be guaranteed by Macy’s. The company intends to use the proceeds to fund a tender offer, cover related expenses, and for general corporate purposes, including debt repayment. This offering is exempt from registration under the Securities Act, and the notes will only be available to qualified institutional buyers. The company highlighted potential risks associated with market conditions impacting the offering.

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Macy’s, Inc. (NYSE:M) announced significant changes to its senior leadership to align with its Polaris growth strategy. Key departures include John Harper, chief operations officer, effective August 1, 2021, as the COO role is eliminated. Laura Miller has been appointed chief information officer, reporting to CEO Jeff Gennette. Marla Beck, CEO of Bluemercury, is leaving, and Chuck DiGiovanna is promoted to lead the real estate function. The reorganization aims to increase agility and efficiency as Macy’s transforms into a digitally led omnichannel retailer.

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Macy's, Inc. (NYSE: M) reported its fourth quarter and fiscal 2020 results, surpassing expectations across brands and marking a return to profitability. Digital sales surged 21% from 2019, contributing to a strong liquidity position with $1.7 billion in cash. However, comparable sales fell 17%, reflecting ongoing pandemic challenges. The company anticipates 2021 as a recovery year, projecting net sales between $19.75B and $20.75B. The Polaris strategy remains pivotal for growth, emphasizing digital and omnichannel expansion.

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Macy’s, Inc. (NYSE: M) has appointed Xingchu Liu as senior vice president of enterprise data & analytics, effective February 15, 2021. In this role, Liu will lead the enterprise data & analytics team, focusing on analytics governance, data management, and activation. This initiative aims to enhance decision-making and operational efficiency across the organization. Liu brings valuable experience from The Home Depot and holds a PhD in Industrial Engineering and Operations Research from Texas A&M University. The new position aligns with Macy’s strategy to leverage data for building customer relationships and driving business growth.

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Macy’s (NYSE: M) will report its fourth quarter and full-year 2020 results on February 23, 2021, before the market opens. The management will also update its Polaris strategy during the 90-minute call scheduled for 8:00 a.m. ET that day, accessible via the company’s website. Analysts and investors can participate by calling 1-800-458-4121 with the passcode 4263363. A replay will be available two hours post-call. Macy’s, Inc. is a leading omni-channel fashion retailer in the U.S., comprising Macy’s, Bloomingdale’s, and Bluemercury.

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Macys Inc

NYSE:M

M Rankings

M Stock Data

3.10B
276.48M
0.7%
84.58%
6.07%
Department Stores
Retail-department Stores
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United States
NEW YORK