Federated Department Stores Inc
US: 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…
US: 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…
US: Macy’s “disappointed” with Q2 profit, cuts outlook
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…
US: Macy’s first-quarter profit rises 20% on solid sales
US department store retailer Macy's has today (15 May) booked a 19.9% increase in first-quarter profit on solid sales, despite…