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Federated Department Stores Inc

Macy's initiates restructuring to save US$140m

9 January 2015 | Michelle Russell

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.... read more


Macy's to open first international store

28 October 2014 | Katie Smith

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.... read more


UPDATE: Abercrombie & Fitch appoints Horowitz to head Hollister

16 October 2014 | Michelle Russell

Abercrombie & Fitch has hired Fran Horowitz from Ann Inc as president of its Hollister brand.... read more


US: Macy's sees tangible results from RFID adoption

15 September 2014 | Michelle Russell

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.... read more


US: Macy's cuts FY sales forecast amid tough headwinds

13 August 2014 | Leonie Barrie

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.... read more


US: Investors commit $350m to Glen Senk retail venture

7 April 2014 | Leonie Barrie

Boston-based investment firm Berkshire Partners LLC has committed to invest $350m in innovative, high-growth retail and consumer businesses through a new company set up by Glen Senk, the former CEO of Urban Outfitters.... read more


US: Macy's to invest $170m in new distribution centre

18 December 2013 | Katie Smith

US retailer Macy's is to invest US$170m in a new direct-to-consumer distribution centre in Tulsa County, Oklahoma, to support omni-channel growth.... read more


US: Bloomingdale's CEO Gould steps down

31 October 2013 | Katie Smith

US department store retailer Macy's has revealed that Michael Gould, chairman and CEO of the Bloomingdale's brand, has stepped down after 22 years at the helm.... read more


US: Macy's "disappointed" with Q2 profit, cuts outlook

14 August 2013 | Katie Smith

US department store retailer Macy's has cut its outlook for the full year and reported lower-than-expected second-quarter profits, after sales were hit by weaker consumer confidence.... read more


US: Macy's first-quarter profit rises 20% on solid sales

15 May 2013 | Katie Smith

US department store retailer Macy's has today (15 May) booked a 19.9% increase in first-quarter profit on solid sales, despite the negative impact of unseasonably cool weather and weakened demand.... read more


US: Bloomingdale's installs digital sizing stations

15 April 2013 | Katie Smith

Bloomingdale's has installed digital sizing stations from Me-Ality in five of its department stores to help women find the right sized jeans.... read more


US: Stuart Weitzman Cha Cha boots recalled

15 March 2013 | Katie Smith

Some 5,000 pairs of Stuart Weitzman-branded girls' Cha Cha boots, which were manufactured in China, have been recalled by footwear specialist Synclaire Brands for posing a fall hazard.... read more


US: Macy's issues upbeat outlook for 2013

26 February 2013 | Petah Marian

US department store operator Macy's saw fourth quarter net profit fall on the back of debt related expenses, but offered an upbeat outlook for continued sales growth in 2013.... read more


US: Body Central hires Woolf as CEO

6 February 2013 | Katie Smith

Value apparel retailer Body Central has appointed Brian Woolf as its new chief executive officer, replacing Tom Stoltz who has served as interim CEO since August.... read more


Counting the retail cost of Superstorm Sandy

31 October 2012 | Katie Smith

As Hurricane Sandy swept along the US East Coast earlier this week, US retailers were forced to close up to 10% of their stores, according to latest figures. As retailers begin to reopen stores again, analysts are now weighing up the long-term impact of the storm on apparel and footwear sales.... read more


just-style management briefing: Retailers hail benefits of new label technologies

3 September 2012 | MJ Deschamps

Major clothing retailers are benefiting in significant ways from the new data collection and management options offered by new technology in labels, especially regarding radio frequency identification (RFID) tags.... read more


CANADA: Hampshire inks licensing deal with OneAgency

31 August 2012 | Katie Smith

Apparel maker Hampshire Group has inked a licensing agreement with OneAgency, which is part of The Trimera Group, to sell Scott James branded sportswear for men in Canada.... read more


US: David's Bridal sold in $1.05bn private equity deal

29 August 2012 | Leonie Barrie

Wedding dress retailer David's Bridal Inc is to be sold to private equity firm Clayton, Dubilier & Rice in a deal that values the company at $1.05bn and will see former Gap CEO Paul Pressler become its new chairman.... read more


US: Body Central names Stoltz COO and interim CEO

20 August 2012 | Katie Smith

US retailer Body Central has promoted executive vice president and CFO Tom Stoltz to the position of COO and interim CEO. ... read more


US: Macy's second-quarter net income surges 16%

8 August 2012 | Petah Marian

US department store operator Macy's has lifted its full-year earnings forecast after its second-quarter net income surged on the back of strong revenue growth.... read more


Sunshine and sales lift US retailers in July

3 August 2012 | Leonie Barrie

Lured by warm weather and promotions to clear summer merchandise, US shoppers hit the stores in July giving an overall boost to many apparel retailers - but the results shed little light on back-to-school spending plans.... read more


US: Macy's share price falls despite Q1 profit

9 May 2012 | Katie Smith

US department store retailer Macy's share price dropped today (9 May), despite reporting a 38.2% increase in first-quarter net profit.... read more


US: Brown Shoe names Mazurk to lead Healthy Living unit

8 May 2012 | Katie Smith

Footwear firm Brown Shoe Co has promoted John Mazurk to the newly created role of president of the company's Healthy Living division, which includes Naturalizer, Dr Scholl's Shoes, LifeStride, Avia and Ryka brands.... read more


US: Macy's announces board changes

26 March 2012 | Katie Smith

US department store retailer Macy's has appointed Paul Varga as director of the board.... read more


US: Macy's Q4 earnings up on strong holiday sales

21 February 2012 | Petah Marian

US department store retailer Macy's today (21 February) announced an 11.7% jump in fourth-quarter profit after recording a "terrific holiday selling season".... read more


UK: Technology takes centre stage at Oasis flagship

17 October 2011 | Petah Marian

Aurora Fashions has opened a revamped Oasis flagship store in London's West End.... read more


US: Retailers' September 2011 sales roundup

6 October 2011 | Petah Marian

The following is a general roundup of US apparel and shoe chains' September 2011 sales results. ... read more


US: Macy's steps up nationwide RFID roll-out

29 September 2011 | Leonie Barrie

Retailer Macy's Inc is stepping up the nationwide roll-out of RFID (radio frequency identification) technology after extensive testing proved its ability to manage item-level merchandise inventories in its Macy's and Bloomingdale's department stores.... read more


July sales a mixed bag for US apparel retailers

8 August 2011 | Leonie Barrie

Lured by warm weather and deep discounts as stores cleared their summer merchandise, US shoppers hit the malls in July giving an overall boost to many apparel retailers - but the results shed little light on back-to-school spending plans.... read more


US: Retailers' July 2011 sales roundup

4 August 2011 | Leonie Barrie

The following is a general roundup of US apparel and shoe chains' July 2011 sales results.... read more


US: Macy's fined $750,000 over children's drawstrings

12 July 2011 | Leonie Barrie

Department store retailer Macy's Inc has been fined $750,000 for continuing to sell children's sweatshirts, sweaters and jackets with drawstrings at the neck after a recall had been issued on the products.... read more


US: Retailers' June 2011 sales roundup

7 July 2011 | Leonie Barrie

The following is a general roundup of US apparel and shoe chains' June 2011 sales results. The list will be updated as new results become available.... read more


US: Macy's, Bloomingdale's add global shipping

28 June 2011 | just-style.com

Department store retailer Macy's Inc is to begin shipping outside of the United States to 91 countries through its Bloomingdale's and Macy's stores.... read more


US: Macy's books five-fold hike in Q1 profit

12 May 2011 | just-style.com

Department-store operator Macy's Inc has raised its full-year sales and earnings guidance after booking a five-fold hike in first quarter profit.... read more


US: White House|Black Market names merchandise chief

1 March 2011 | just-style.com

Women’s wear retailer Chico's FAS Inc has named former Tory Burch executive Liz Edmiston as senior vice president, general merchandise manager for its White House|Black Market division.... read more


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