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Macy's to slash 2,000 corporate roles, close 125 stores

2020-02-05 13:15:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's, Inc is to close about 125 of its least productive stores and slash 9% of its corporate and support function headcount  - roughly 2,000 positions - as part of an updated strategy and three-year plan.

Tags: close stores corporate roles

 

US Q4 in brief - Rocky Brands, Dillard's, Macy's, Wolverine World Wide

2020-01-31 13:29:00| Daily apparel & textile news and comment - from just-style.com

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Rocky Brands has booked a rise in both earnings and revenue, while Macy's has reported a fall in net sales. Elsewhere, Carter's achieved its quarterly sales objective, while Urban Outfitters, Columbia Sportswear and Skechers have all booked record sales. 

Tags: world wide brands rocky

 
 

Macy's confirms plans to shutter 29 stores

2020-01-09 15:37:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's Inc has confirmed it is to close 29 stores following a drop in comparable sales over the holiday trading season.

Tags: stores plans confirms shutter

 

Macy's and Bloomingdale's to stop selling fur

2019-10-22 12:59:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's is to stop selling fur by the end of 2020 in a move that spans its own and Bloomingdale's private brands, as well as items sold by brand partners.

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US Q3 in brief - Gap Inc, Nordstrom, Macy's, Shoe Carnival

2019-10-01 18:31:00| Daily apparel & textile news and comment - from just-style.com

In the latest third-quarter filings from US apparel and footwear brands and retailers, Gap Inc interim CEO Robert Fisher said the company is not pleased with its third-quarter results, Macy's has posted a drop in net income for the period, while Shoe Carnival booked record earnings. Elsewhere, department store retailer Target Corp has reported a double-digit increase in net earnings, while L Brands widened its net loss. 

Tags: gap shoe carnival nordstrom

 

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