Macy's, Inc.'s CAGR is -17.70%, with a ten-period moving average CAGR of -5.37%, indicating a significant decline. Net sales have decreased in seven of the last ten years, with the latest report showing the second-weakest year since 2020. Despite declining metrics, Macy's management has introduced a restructuring plan titled "A Bold New Chapter" to revitalize the company.
The retailer's annual campaign will benefit its two long-standing partners, the Breast Cancer Research Foundation and the Tutu Project NEW YORK , Oct. 1, 2024 /PRNewswire/ -- To mark Breast Cancer Awareness Month and as part of its annual Pink Campaign, Bloomingdale's today launches a new AQUA x Kerri Rosenthal collection . For the past 19 years, and in partnership with the Breast Cancer Resea...
NEW YORK--(BUSINESS WIRE)--Macy's and Toys“R”Us® are kicking off the holiday season with the unveiling of Geoffrey's Hot Toy List for 2024, featuring the hottest toys for every age and interest. This year's list includes 150 of the most coveted toys for the ‘Toys R Us' kid in all of us, from favorite brands like Barbie®, Hot Wheels, Pokémon, LEGO®, Bluey & more. Highlights include a Toys“R”Us® ...
Macy's said on Thursday it will hire more than 31,500 full and part-time employees for the upcoming holiday season - fewer than last year - as the U.S. department store gears up for a busy shopping period.
NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE:M) today announced the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, Macy's Retail Holdings, LLC (the “Company”), for each series of notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up to $220 million (excluding accrued and...
NEW YORK--(BUSINESS WIRE)--Today, Macy's introduced Mode of One, a new contemporary menswear brand designed for the individual who sees style as a powerful form of self-expression. The assortment features a range of high-quality must-have items from elevated everyday essentials to statement-making designs, all with a focus on impeccable fits and proportions. Mode of One strengthens Macy's conte...
Macy's, Inc. (NYSE:M ) Goldman Sachs 31st Annual Global Retailing Conference September 5, 2024 8:15 AM ET Company Participants Tony Spring - Chairman and Chief Executive Officer Adrian Mitchell - Chief Operating Officer and Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Brooke Roach Good morning, everyone, and welcome to Day Two of our Goldman Sachs Global Ret...
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