Macys

Macy's Inc is planning to close about 100 stores. Macy’s closures represent about 15 per cent of the company’s total number of department stores. After six quarters of falling sales, the US-based departmental store is trying to turn around...

The world's biggest and most successful retailers have converted challenge into opportunity in astonishing numbers and Indian brick-and-mortar retailers - feeling the heat from e-tailers - are taking notes on how their American counterparts have converted first-mover retailing insights into a robust Omnichannel strategies. Indiaretailing Bureau presents some...

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital consumer - by either shutting their under-performing stores or coming up with a new retail strategies - department stores do...

Iconic American stores Macy's and Gap are facing tough questions about their future following dreary earnings announcements this week that highlighted the growing market share taken by online retailers. According to a report: Conventional retailer profits are falling as fewer...

Despite the online boom, jewellery sales remain elusive on e-commerce portals though apparel, watches and footwear continue to catch the imagination of the online customers. Speaking at the India Fashion Forum 2016 organised by Images Retail, Sandeep Kulhalli, Vice-President -...

With same-store sales increases of 6.7 per cent and 7.5 per cent respectively, Macy’s and Kohl’s outperformed rival J.C. Penney in June, as J.C. Penney came up short of Wall Street estimates with a slight 2 per cent gain.Macy’s...

Macy's, Inc. has reported total sales of $2.344 billion for the four weeks ended Nov. 27, 2010, an increase of 7.8 per cent compared with total sales of $2.174 billion in the four weeks ended Nov. 28, 2009. On...