US: Macy's lifts full-year outlook as Q3 profit rises
By Katie Smith | 7 November 2012
Department store retailer Macy's today (7 November) raised its full-year earnings guidance as it booked a 4.3% rise in third-quarter net profit, helped by its strategy of tailoring merchandise to the needs of local markets.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
US: Waitt Company acquires three luxury brands
Omaha-based investment firm Waitt Company has acquired the Judith Leiber, Adrienne Vittadini and Taryn Rose brands as part of a co-investment with brand development company Authentic Brands Group.
US: Cache appoints Pappas as EVP, chief merchandise officer
US women's wear chain Cache has appointed Daphne Pappas as executive vice president, chief merchandise officer.
US: Finish Line Q4 profit down on sales decline
US sportswear retailer Finish Line has posted a 20% decline in fourth-quarter net profit because of a drop in sales and weaknesses at its running business.
Market research related to this article
Macy's | Verdict Company Briefing
A new one-stop destination for unique data and opinion on Macy's offer. Targeted at retailers, and stakeholders of the department store chain, we assess its performance, strategic direction and provide Verdict's view on its future....
Leading Global Department Stores – Company Benchmarking Analysis Report
This report provides a peer group benchmarking analysis of leading department stores globally. The peer group is selected from our suppliers Retailer Company Benchmark Database which covers the leading 1,000 global retailers. The peer group covered i...
This report analyzes the worldwide markets for Bridalwear in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Australia, Latin America, and Rest of World. Annual estimates and forecasts are provided...