Macy's Inc

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Latest Insights

Yuan devaluation to impact clothing sector

Exchange rate variations could “significantly” influence China's textile and apparel exports, a consultancy has suggested, after the governm...

Consumer engagement a new challenge for retailers

The growth of e-commerce and m-commerce is on the rise but retailers still need to do more to better meet consumer expectations online, acco...

Kohl's cranks up efforts to reverse sluggish sales

Michelle Russell | 3 Nov 2014

US department store retailer Kohl's Corporation last week held its first investor day for seven years, setting out detailed plans for future growth. Building on an agenda announced earlier this year, analysts say the new initiatives are necessary and overdue.

Alliance and Accord urged to harmonise efforts

Leonie Barrie | 19 Sep 2014

A review of the work carried out so far by the Alliance for Bangladesh Worker Safety says the group has made "significant and laudable progress" over the past 12 months - but pulls no punches when it comes to the many challenges that still lie ahead.

Alliance members buy more products from Bangladesh

Leonie Barrie | 23 Jul 2014

The group of North American brands and retailers - including Wal-Mart Stores, Gap Inc and VF Corporation - working to improve safety in Bangladesh's ready-made garment factories appears to be sourcing more products from the country as efforts to upgrade the industry take hold. But one year on, progress is "far from over", with the total cost likely to be in the region of $150m and take 12-18 another months to complete.

Tailoring technology for omnichannel success

Leonie Barrie | 21 Jan 2014

Engaging more deeply with customers, and offering a seamless capability no matter where or how they shop, is set to remain one of the biggest challenges for retailers in the year ahead according to experts at Retail's 'Big Show,' the National Retail Federation's 103nd Annual Convention & Expo that took place last week in New York.

Latest Interviews

Interview: Liu Zibin, GM at Luthai Textile

Michelle Russell | 23 Jan 2014

China-based shirt manufacturer and yarn supplier Luthai Textile Co has its sights firmly set on growing its global business. Earlier this month, as the company revealed plans to open an office in New York, Michelle Russell talked to Luthai general manager Liu Zibin about the rationale behind the move.

Latest News

US Q3 in brief: Burlington Stores, Guess, Chico's

Michelle Russell and Katie Smith | 25 Nov 2015

In the most recent third-quarter filings from US apparel brands and retailers, Abercrombie & Fitch recorded higher earnings thanks to less discounting, while Foot Locker revealed a mixed quarter, and Destination XL narrowed losses. Also, Kate Spade & Co returned to profit, while L Brands, Ross Stores, and Perry Ellis lifted their full-year guidance. Guess revealed declining earnings as a result of the stronger US dollar, while Dollar Tree's earnings fell on acquisition costs, and DSW recorded "disappointing" figures.

US Q2 in brief: Finish Line, Zumiez, Cherokee

Michelle Russell and Katie Smith | 25 Sep 2015

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 

Bebe Stores launches athleisure footwear at Macy's

Katie Smith | 12 Aug 2015

With demand for athleisure products growing, US women's wear retailer Bebe Stores has launched an athleisure footwear line at US department store Macy's.

Macy’s to axe Trump menswear over racist comments

Leonie Barrie | 3 Jul 2015

US retailer Macy’s is phasing out its Donald Trump men’s wear line after the businessman and presidential candidate made insulting comments about Mexican immigrants.

Macy's pilots customised e-tailoring service

Michelle Russell | 2 Jun 2015

US department store retailer Macy's is piloting a customised alterations service for online purchases as part of a collaboration with tailoring business zTailors.

Port slowdown and winter weather hit Macy's Q1

Katie Smith | 13 May 2015

Delayed product shipments from the west coast port slowdown combined with severe winter weather have resulted in a double-digit first-quarter profit decline for US department store retailer Macy's.

Macy's outlook “conservative” as Q4 profit drops

Katie Smith | 24 Feb 2015

US department store retailer Macy's has issued a “conservative” outlook for fiscal 2015 after a rise in promotions led to a drop in fourth-quarter net profit.

Macy’s unveils major executive reshuffle

Richard Woodard | 4 Feb 2015

Retail giant Macy's has announced a wholesale reshuffle of its executive team as part of plans to drive the company’s restructured omnichannel capabilities.

Jones New York latest casualty to shutter stores

Katie Smith | 30 Jan 2015

Jones New York has become the US apparel industry's latest casualty, revealing it will close all 127 of its stores and end its wholesale business as the women's clothing brand seeks strategic alternatives.

Macy's to relocate fulfilment centre

Beth Wright | 26 Jan 2015

Macy's has revealed plans to relocate its West Sacramento fulfilment centre to a larger facility in Sacramento County to support continued sales growth driven by its omni-channel strategy.

Macy's initiates restructuring to save US$140m

Michelle Russell | 9 Jan 2015

Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its marketing and merchandise operations in a move designed to save US$140m starting this year.

Macy's cuts outlook despite Q3 profit boost

Katie Smith | 12 Nov 2014

Department store retailer Macy's has lowered its full-year earnings and sales guidance despite booking a double-digit increase in third-quarter net profit.

Macy's to open first international store

Katie Smith | 28 Oct 2014

Department store retailer Macy's is to open its first store outside the US, with a location in Abu Dhabi, United Arab Emirates (UAE) in 2018.

Iconix acquires interest in Nick Graham

Michelle Russell | 14 Oct 2014

Iconix Brand Group has taken a stake in Nick Graham, which will allow the men's wear lifestyle apparel group to expand its product portfolio and enter new markets.

Finish Line Q2 profit down despite sales growth

Katie Smith | 29 Sep 2014

Softness within its basketball offering resulted in a slight drop in first-quarter net profit for US athletic apparel and footwear retailer The Finish Line.

Skechers hits back at "skewed" report on sales

Leonie Barrie | 26 Sep 2014

Shoe maker Skechers USA has hit back at a negative analyst report suggesting its sales are decelerating, arguing that the data had been "misinterpreted".

Bill Blass ready for relaunch under COO Goldblatt

Leonie Barrie | 19 Sep 2014

American brand Bill Blass is readying for a relaunch as a global lifestyle brand Bill Blass under the leadership of its newly-named president and chief operating officer, Stuart Goldblatt.

Macy's sees tangible results from RFID adoption

Michelle Russell | 15 Sep 2014

Macy's says it is seeing "tangible results" from its adoption of radio frequency identification (RFID) technology as the department store retailer looks to build its omnichannel capabilities.

PLM software to support Sunrise Brand's growth

Michelle Russell | 20 Aug 2014

Sunrise Brands has selected Centric Software's product lifecycle management (PLM) software solution to support the growth of its private-label business.

Macy's cuts FY sales forecast amid tough headwinds

Leonie Barrie | 13 Aug 2014

Despite booking a 3.3% rise in second-quarter sales, department store retailer Macy's Inc today (13 August) lowered its full-year sales outlook, saying it was unable to make up the shortfall incurred during the first quarter when snowy weather kept shoppers away from its stores.

Safety pacts "not part" of Ralph Lauren strategy

Katie Smith | 11 Aug 2014

Luxury apparel giant Ralph Lauren Corporation has said becoming a member of one of two groups working to improve safety and working conditions in Bangladesh's textile industry is "not part" of its strategy.

Alliance doubles displaced worker compensation

Katie Smith | 14 Jul 2014

The Alliance for Bangladesh Worker Safety has extended compensation for garment factory workers displaced due to factory remediation from two months' up to four months' wages.

Men's Wearhouse and Jos A Bank deal approved

Michelle Russell | 2 Jun 2014

The deal by Men's Wearhouse to acquire US men's apparel and footwear business Jos A Bank Clothiers has been given the green light by The Federal Trade Commission (FTC).

Latest blogs

Gap results a rare retail bright spot

Leonie Barrie | 23 Aug 2013

What a difference two years makes. In the past couple of weeks major US retailers including Walmart, Target, Macy's and Nordstrom have all lowered their forecasts for the rest of the year citing sluggish sales, cautious consumers and general economic uncertainty. But for specialty clothing retailer Gap Inc it's a different story.

Company research

Performance apparel markets: business update, 3rd quarter 2013

Performance apparel markets: business update, 3rd quarter 20

This report provides information, analysis and valuable insight on developments relating to the performance apparel industry in the following categories: acquisitions, divestments and mergers; company...

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Global Childrens and Infant Wear Market 2014-2018

Global Childrens and Infant Wear Market 2014-2018

Abstract About Children’s and Infant Wear Children's wear refers to clothing for children aged between 0 months to 10 years. It includes apparel such as outerwear, underwear, nightwear, socks and t...

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Baby Clothing Market in the US 2015-2019

Baby Clothing Market in the US 2015-2019

Baby clothing refers to clothing for infants and toddlers aged between 0 to 36 months. It includes apparel such as outerwear, innerwear, nightwear, socks, and tights designed for babies. The clothes a...

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