Content about Macy’s Inc.

May 29, 2013
Macy’s hires more than 1K college kids

As part of its annual Executive Development Program (EDP) and summer internship program, Macy’s Inc. has hired more than 1,000 college students this spring.

Cincinnati – As part of its annual Executive Development Program (EDP) and summer internship program, Macy’s Inc. has hired more than 1,000 college students this spring. Hires include 695 recent college graduates for full-time EDP positions, which serve as entry-level executive training positions.

In addition, 325 current college students have been hired for a variety of internships with Macy’s and Bloomingdale’s.

April 16, 2013
Macy's appeals latest ruling Martha Stewart-J.C. Penney dispute

Macy’s Inc. filed an appeal on Monday, challenging Manhattan state court judge Jeffrey Oing’s Friday ruling that J.C. Penney can sell unbranded Martha Stewart goods in its stores, at least temporarily.

New York -- Macy’s Inc. filed an appeal on Monday, challenging Manhattan state court judge Jeffrey Oing’s Friday ruling that J.C. Penney can sell unbranded Martha Stewart goods in its stores, at least temporarily.

Penney was celebrating the decision that would allow it to sell Martha Stewart items as long as they didn’t carry her name, especially since the products – valued by one analyst at $100 million -- were already manufactured and being stored in warehouses. 

January 25, 2013
Macy’s Lundgren honored with a ‘Father of the Year’ award

The National Father’s Day Council, a nonprofit that recognizes modern day role model fathers, has named Terry Lundgren, chairman, president and CEO of Macy’s Inc., as a recipient of its 2013 “Father of the Year” Award.

New York -- The National Father’s Day Council, a nonprofit that recognizes modern day role model fathers, has named Terry Lundgren, chairman, president and CEO of Macy’s Inc., as a recipient of its 2013 “Father of the Year” Award.

Lundgren joins President Bill Clinton, founder of the William J. Clinton Foundation and 42nd President of the United States, as a fellow honoree. The awards will be presented at the 72nd Annual Father of the Year Awards in New York City on June 11.

January 3, 2013
Trial over Macy’s and Martha Stewart rights set for February

The battle between Macy’s Inc., J.C. Penney Co., and Martha Stewart Living Omnimedia Inc. will go to trial Feb. 19, Bloomberg reported.

New York -- The battle between Macy’s Inc., J.C. Penney Co., and Martha Stewart Living Omnimedia Inc. will go to trial Feb. 19, Bloomberg reported.

A New York State judge on Thursday said he case will not be tried before a jury and there will be no need to decide damages.
 
Instead, any potential damages in the dispute “are going to pale in comparison to the injunction,” the judge said. “That’s the real big bucks there -- if I stop this deal.”

October 1, 2012
Macy’s holiday hiring edges up from last year

Macy’s Inc. said it plans to hire approximately 80,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2012 holiday season.

Cincinnati -- Macy’s Inc. said it plans to hire approximately 80,000 seasonal associates for its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for the 2012 holiday season. This is an increase of about 2.5% from last year.

August 17, 2012
Macy’s sues J.C. Penney over Martha Stewart agreement

Bloomberg reported that Macy’s Inc. has filed suit against J.C. Penney Co. in New York state court over the rights to sell products branded by Martha Stewart Living Omnimedia Inc. in their respective department stores.

New York -- Bloomberg reported Thursday that Macy’s Inc. has filed suit against J.C. Penney Co. in New York state court over the rights to sell products branded by Martha Stewart Living Omnimedia Inc. in their respective department stores.

Macy’s sued Martha Stewart Living in January to stop it from executing a sales agreement with J.C. Penney, as Macy’s claimed an exclusive right to sell Martha Stewart products in certain categories.

August 10, 2012
Report: Macy’s rolling out new order fulfillment system

Macy’s Inc. is rolling out a new order fulfillment system that lays the groundwork for same-day delivery services by leveraging the proximity of its physical store locations to its customers, according to a report on the Huffington Post.

New York -- Macy’s Inc. is rolling out a new order fulfillment system that lays the groundwork for same-day delivery services by leveraging the proximity of its physical store locations to its customers, according to a report on the Huffington Post.

To date, 280 stores have been outfitted to provide shipping services.

Online retail giants Amazon and eBay are moving in the same direction, the report said.
 

February 2, 2012
Macy’s appoints a new chief stores officer, and a new CMO

Macy’s Inc. announced that Peter Sachse, the company's chief marketing officer and chairman of Macys.com, will succeed Ron Klein as chief stores officer, effective Feb. 13.

Cincinnati -- Macy’s Inc. announced that Peter Sachse, the company's chief marketing officer and chairman of Macys.com, will succeed Ron Klein as chief stores officer, effective Feb. 13. Klein will retire from Macy's effective March 31, after 36 years with the company.

Martine Reardon, executive VP marketing, will succeed Sachse as Macy’s chief marketing officer, effective Feb. 13.

January 24, 2012
Macy's sues Martha Stewart Living for breach of contract

A New York state Supreme Court filing on Monday disclosed that Macy’s Inc. is suing Martha Stewart Living Omnimedia Inc. for breach of contract after Martha Stewart set up a new deal last December with J.C. Penney to sell products at its stores.

New York City -- A New York state Supreme Court filing on Monday disclosed that Macy’s Inc. is suing Martha Stewart Living Omnimedia Inc. for breach of contract after Martha Stewart set up a new deal last December with J.C. Penney to sell products at its stores.

According to Macy's, Martha Stewart Living granted it product exclusivity under a 2006 agreement. J.C. Penney, which acquired a 16.6% stake in the company in December, plans to open Martha Stewart Living in-store shops, beginning in 2013, which violates that exclusivity, said Macy’s.

January 4, 2012
Macy’s announces store openings, closings

Macy’s Inc. announced a strategic plan to open new stores in select markets as well as to close a series of underperforming units.

New York City -- Macy’s Inc. announced a strategic plan on Wednesday to open new stores in select markets as well as to close a series of underperforming units. As part of the plan, five Macy’s department stores will be shuttered in spring 2012 – in Topeka, Kan.; Laurel, Md.; Parma, Ohio; Antioch, Tenn.; and Texas City, Texas. Five new Macy’s stores will open in 2012 and 2013.

May 25, 2011
Macy’s: Two new stores in the works

Macy’s Inc. said it will open two new stores near Chicago and Milwaukee, including its first-ever location in an outlet mall.

Cincinnati — Macy’s Inc. said it will open two new stores near Chicago and Milwaukee, including its first-ever location in an outlet mall.

February 29, 2008
Macy's 4Q Profit Up, Sales Down

Macy’s announced Tuesday that its fourth-quarter profits were up slightly, from $733 million to $750...

November 30, 2007
Reacting to Slow Sales

For most retailers, October 2007 sales were somewhat softer than in previous months. The “whys”...

November 12, 2007
Macy’s to Open New Tampa Store

Cincinnati, Macy’s, Inc....

November 7, 2007
Report: Macy's Looks to Celebrities to Spur Sales

Cincinnati, Macy’s Inc....

October 25, 2007
Macy’s to Sell Hilfiger Exclusively

New York City, ...

September 26, 2007
Macy’s Returning to New Orleans Area

Metairie, La., Macy’s...

July 11, 2007
Department Stores Report Soft Results for June

New York City, ...

June 30, 2007
Saks, Macy’s, Trend Apart

Once again, the...

November 29, 1999
Retailers Abandoning Monthly Sales Figures

Monthly retail sales have long been a key—and widely watched—indicator for gauging the health of...