Macy's News

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How Seriously Are Department Stores Struggling With Gen Z?

A recent CNBC article described boomers are sticking to department stores while Gen Zers felt no such loyalty. Is this trend irreversible?

Macy's Announced the Closure of 66 Stores in 2025. These Locations Are Still Open — But Not For Long

Will Macy’s Earnings Beats Persist, and Can it ‘Escape the Auction Block’?

Macy’s has been showing signs of relative strength despite falling from a high station. Is it possible for it to escape an eventual sale?

Macy's Store Closures Partially Responsible for 274% Increase in Retail Layoffs, According to a New Report

Macy’s Store Closures Partially Responsible for 274% Increase in Retail Layoffs, According to a New Report

Macy’s store closures were part of the “retail apocalypse.”

Macy's Announced the Closure of 66 Stores in 2025. These Locations Are Still Open — But Not For Long

Macy’s Announced the Closure of 66 Stores in 2025. These Locations Are Still Open — But Not for Long

Macy’s has two popular locations still open that were slated for closure earlier this year.

Macy's is Closing 66 Stores, With Sales of Up to 90% Off All Items — See If Your Store Is On The List

Macy’s Is Closing 66 Stores, With Sales of Up to 90% Off All Items — See If Your Store Is On the List

The underperforming Macy’s stores will be closing in the coming weeks.

A stack of jeans in a store, Good American

Macy’s Welcomes Good American: A New Era of Inclusive Fashion

Macy’s welcomes Good American Jeans to its family of products.

Macy's Signs 10-Year Deal with NBC for Annual Thanksgiving Day Parade. Here Are The Details.

Macy’s Signs 10-Year Deal With NBC for Annual Thanksgiving Day Parade. Here Are the Details

Macy’s is going to keep the Thanksgiving Day Parade going on NBC.

Macy's execs, moderator. NRF Big Show 2025

Macy’s Says Its ‘Bold New Chapter’ Plans Are Working, Expanding ‘First 50’ Blueprint to 125 Stores in 2025

Macy’s executives formed a panel discussion at NRF this year. What topics were of most interest?

Macy's Incoming CEO Announces Plan to Sell More Shoes

Macy’s To Close 66 More Stores in 2025, Store Closures Span 22 States

Macy’s is set to close 66 stores across 22 states nationwide in 2025.

Macy´s Manhattan store in New York City

Should Macy’s Spin Off Bloomingdale’s and Bluemercury?

Activist investor Barington Capital is urging Macy’s to explore spinning off Bloomingdale’s and Bluemercury. Do you see more benefits than drawbacks in doing so?

Macy's Announces 65 Store Closures in 2025. Here's Who Will Be Affected.

Macy’s Increases Store Closures to 65 by 2025

Macy’s is closing more stores than originally planned.

Macy's Incoming CEO Announces Plan to Sell More Shoes

Macy’s CEO Announces Plan To Sell More Shoes

Macy’s CEO thinks he has the key to saving the store from further closures.

A photograph of the turkey float at the Macy's Thanksgiving Day Parade.

Macy’s Unveils Plans for the 98th Annual Thanksgiving Day Parade

The start of the holiday season is typically ushered in by the annual Macy’s Thanksgiving Day Parade.

Macy´s Manhattan store in New York City

Macy’s and Disney Celebrate Magic and Legacy with New Holiday Collaboration

Macy’s and Disney celebrate a one-of-a-kind new holiday collection.

Iconic giant snow boot at the L.L.Bean Flagship Store, Freeport, ME, USA

How Critical Are Investments in Retail Flagships?

L.L.Bean announced the next phase of a major upgrade to its Freeport flagship location, which already ranks as the second-most-visited tourist destination in Maine. Is it more important for retailers to invest in flagships than regular stores?

Macy's Set To Close 55 More Stores by End of 2024

Macy’s Unveils Mode of One Menswear Brand

This contemporary menswear brand allows for the ultimate form of self-expression.

Macy's building

Are Department Stores Becoming Obsolete in the US?

The department store has been struggling to survive in the aftermath of its once-dominant heyday. Do you think all department stores will eventually become obsolete, or can strategic changes keep them relevant?

Macy's Set To Close 55 More Stores by End of 2024

Macy’s Set To Close 55 Stores by the End of 2024

Macy’s continues its quest to close underperforming stores.

Macy's building

Macy’s Struggles To Deliver Value

Shares of Macy’s Inc. fell about 13% Wednesday after the department store chain scaled back its annual sales guidance as second-quarter sales missed estimates amid a worsening pullback in discretionary spending. How should the Macy’s banner be repositioned to address a “more discriminating” consumer?

Macy’s at the Mall of Victor Valley in Victorville, CA

Macy’s Earns a Profit in Q2 2024 Despite Decline in Net Sales

Macy’s announced a second-quarter profit of $150 million, which is substantially better than the same quarter last year.

Macy's Gambles on Luxury Line to Boost Profits

Macy’s Gambles on Luxury Line To Boost Profits

Macy’s has been facing a downturn of profits lately.

Macy’s at the Mall of Victor Valley in Victorville, CA

Macy’s Ends Buyout Talks

The legendary department store chain is banking on itself in the future.

Macy's All-Star Week What We Know

Macy’s All-Star Week: What We Know

Macy’s All-Star Week will be going up against other retail blitzes like Amazon Prime Day.

Macy's 4th of July Fireworks Show What We Know

Macy’s 4th of July Fireworks Show: What We Know

The Macy’s 4th of July Fireworks Show is an annual tradition.

Macy's Retail Department Store Exterior and Trademark Logo

Is Macy’s Taking the Right Steps To Reawaken Growth?

Macy’s Inc. reported that the “First 50” Macy’s traditional locations have been revamped under its Bold New Chapter strategy. Are the steps being taken to revive growth at the full-line Macy’s chain promising?

Macy’s at the Mall of Victor Valley in Victorville, CA

How Will Closing 150 Macy’s Locations Affect Retail?

The recent announcement of Macy’s plan to shutter approximately 150 stores has sent ripples of anticipation among its competitors. With Macy’s closing stores, how should shopping malls evolve to remain relevant without anchor tenants?

Nordstrom and Macy's

Retail Giants Nordstrom and Macy’s Consider Private Ownership

Major department store chains Nordstrom and Macy’s could soon find themselves under the ownership of private-equity firms or hedge funds. How might the shift to private ownership of major retail chains redefine the metrics of success in the retail industry?

Macy's Retail Department Store Exterior and Trademark Logo

Macy’s Shifts to ‘A Bold New Chapter’

Macy’s has announced a new turnaround plan that calls for the closing 150 of its traditional department stores while ramping up the expansion of smaller-format stores and luxury concepts. What other steps should they be exploring to reimagine the department store business?

Macy's building

Macy’s Tackles Streamlining Again

Macy’s has announced plans to reduce 3.5% of its workforce and close five stores. What do you think is behind Macy’s move to streamline operations amid activist pressures?

Front of a Macy's store

Macy’s To Axe Over 2,300 Jobs and Shut Down 5 Stores

Macy’s revealed plans to lay off around 3.5% of its staff and shut down five of its stores as part of the American department store chain’s strategy to reduce costs and revive slowing sales.

NRF 2024: Retail's Big Show stage

NRF Big Show: Has the CFO Role Become More Important in Retail?

At the NRF 2024: Retail’s Big Show, the CFOs of Macy’s, Rothy’s, and Levi Strauss shared a panel that discussed how the CFO role in retail has changed due in large part to the need to invest in technology to drive growth.

Macy´s Manhattan store in New York City

Is a Real Estate-Driven Buyout Good for Macy’s?

Macy’s received a $5.8 billion buyout offer from an investor consortium in an apparent bid to take America’s largest department store chain private. Do you see any potential benefit to Macy’s core retail business?

Macy's Thanksgiving Day Parade float

Is the Thanksgiving Day Parade Worth It for Macy’s?

Macy’s has long said it considers the Macy’s Thanksgiving Day Parade its “annual gift to the nation,” but it has never indicated whether the event is worth the cost. Should Macy’s continue to fund the Thanksgiving Day Parade if it loses money?

Incoming Macy’s CEO Calls Bloomingdale’s Brand a ‘Growth Vehicle’ for the Company

Incoming Macy’s CEO, Tony Spring, and current CEO, Jeff Gennette, highlighted the strength of Macy’s non-namesake brands, including high-end department store…

Macy’s Will Open Up to 30 Stores, as Department Store Looks to Strip Malls as Key Part of Its Future

Macy’s has announced plans to open up to 30 smaller stores in strip malls over the next two years, marking a…

Woman shopping for intimates in a store

Does Gap Underwear Fit Inside Macy’s?

In the first-ever partnership between the two retail chains, Macy’s introduced an exclusive collection of Gap-branded sleepwear, underwear, and intimates. Is the partnership potentially a bigger deal for the Gap banner or Macy’s?

Front of a Macy's store

Will Small, Off-Mall Locations Turn Macy’s Fortunes Around?

Macy’s is pushing forward with new store formats as it seeks to turn around its fortunes following a disappointing quarter. ill the smaller-format stores be enough to return Macy’s as a whole to growth?

Macy’s To Open Four More Smaller Stores, as Strip Mall Experiment Shows Early Signs of Success

Macy’s has announced plans to open four smaller stores in Boston, Las Vegas, San Diego, and suburban Indiana, as part of…

Fewer Overseas Tourists in U.S. Hurt Macy’s Sales

Macy’s has revealed that a decline in overseas tourists visiting the United States has adversely impacted its sales, with international visitors…

All the major retailers have started using Meta’s new Threads platform — except Costco

Nine of the top 10 retailers in the United States have joined Meta’s new social media app, Threads, with the notable…

Can Former Macy’s and Walmart E-comm Exec Fix Stitch Fix?

Stitch Fix has named former Macy’s and Walmart executive Matt Baer its new CEO.  

Has Nike Learned It Just Can’t Do It With DTC Sales Alone?

Reunited and it feels so good. Nike and Macy’s are getting back together more than a year after the athleticwear brand stopped selling its apparel to the department store chain as it emphasized direct-to-consumer (DTC) sales and exited what it determined were “undifferentiated” wholesale accounts.

Macy's Jeff Gennette

What’s Next for Macy’s as Jeff Gennette Announces Plans to Retire?

Macy’s, Inc. CEO Jeff Gennette, 61, has said he will retire in February after nearly 40 years working for the department store giant.

Toys 'R' Us Tour Announcement

Will Geoffrey’s Road Trip Drive New Kids To Toys”R”Us?

“We are sending Geoffrey across the country to kick up the excitement for families to have what we call a ‘playcation’ where you put your responsibilities aside and embrace fun.”

Should retailers open stores in malls or look outside for better results?

Should retailers open stores in malls or look outside for better results?

Bath & Body Works, among several chains reorienting their footprint away from malls, added 95 off-mall North American stores in 2022 and plans to open approximately 90 more in 2023. Does the growth opportunity for traditional mall-based chains still appear bigger off-mall or is the view of enclosed shopping malls overly pessimistic?

Photo: Macy’s

Is the small neighborhood store ready to be the next big retail trend?

People enjoy working from home so much that going back to the office five days a week is no longer an option. Being home more often, consumers prefer to shop local more and want bigger brands to come to them, according to this study. Do you see a significant opportunity for national retailers to open up smaller stores in local neighborhoods?

Nordstrom gets snagged by apparel markdown pressures

Nordstrom gets snagged by apparel markdown pressures

Nordstrom last week became the latest retailer in the apparel space to lower its outlook as it found that deeper discounts were required to clear slow-moving holiday merchandise. Is Nordstrom’s shortfall likely more reflective of the broader challenges facing the apparel category or its own management strategies and processes?

Macy’s gains control of its inventory and markdowns

Macy’s gains control of its inventory and markdowns

At the NRF Big Show, Jeff Gennette, Macy’s CEO, discussed how process changes and improved data science helped the retailer overhaul inventory disciplines over the pandemic. Are more retailers using data science to tailor markdowns by “door and channel” as Macy’s is doing?

Bloomingdale’s looks to make more with less

Bloomingdale’s looks to make more with less

Bloomingdale’s is going small in Seattle, saying it will open a new Bloomie’s, its small off-mall store concept, this year in University Village in the Ravenna neighborhood, north of the city’s downtown. Do you see the Bloomie’s concept as a smart way for Bloomingdale’s to scale its operations to new markets around the U.S.?

Unionization efforts may shift gears in 2023

Unionization efforts may shift gears in 2023

Shoppers planning to visit Macy’s Union Square flagship store in San Francisco for last-minute gifts on Christmas weekend were met with a picket line, as the store’s union went on strike for the two days before the holiday. Do you see the recent labor activism taking another step forward or retreating in 2023?