Macy’s initiates restructuring to save US$140m
Department store retailer Macy's is to close 14 stores and make a raft of job cuts as it restructures its…
Federated Department Stores Inc
Discover all the very latest Federated Department Stores Inc apparel business news, analysis, comment and interviews from the industry experts at just-style
Macy’s to open first international store
Department store retailer Macy's is to open its first store outside the US, with a location in Abu Dhabi, United…
UPDATE: Abercrombie & Fitch appoints Horowitz to head Hollister
Abercrombie & Fitch has hired Fran Horowitz from Ann Inc as president of its Hollister brand.
US: Macy’s sees tangible results from RFID adoption
Macy's says it is seeing "tangible results" from its adoption of radio frequency identification (RFID) technology as the department store…
US: Macy’s cuts FY sales forecast amid tough headwinds
Despite booking a 3.3% rise in second-quarter sales, department store retailer Macy's Inc today (13 August) lowered its full-year sales…
ByUS: Investors commit $350m to Glen Senk retail venture
Boston-based investment firm Berkshire Partners LLC has committed to invest $350m in innovative, high-growth retail and consumer businesses through a…
ByUS: Macy’s to invest $170m in new distribution centre
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…
US: Bloomingdale’s CEO Gould steps down
US department store retailer Macy's has revealed that Michael Gould, chairman and CEO of the Bloomingdale's brand, has stepped down…