Macy’s

Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007

Source: macys.com

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Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
Today In Payments: LendingClub Buys Radius Bank; Walmart Reports Tepid In-Store Sales
February 19, 2020  |  News

In today’s top news, LendingClub buys Radius Bancorp in a “transformative” deal, Walmart reports disappointing quarterly earnings due to tepid holiday sales, and Macy’s is...

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Macy’s Dropped To Junk-Bond Status
Macy’s Dropped To Junk-Bond Status
February 19, 2020  |  Retail

Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...

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The Connected Bride Gets A Little Platform Help
The Connected Bride Gets A Little Platform Help
February 12, 2020  |  Retail

Here comes the connected bride. And this year’s model has a series of new platforms, partnerships and interactive tools to plan the wedding. For their...

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Big Fizzle: The Incredible Shrinking Mall-Based Retailer
Big Fizzle: The Incredible Shrinking Mall-Based Retailer
February 07, 2020  |  Sizzle/Fizzle

Welcome, perhaps, to the mauling of the Great American Mall. The rise of eCommerce has been an inexorable one, and the retail landscape has shifted...

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Macy’s Woes Add To Tough Week For Malls
Macy’s Woes Add To Tough Week For Malls
February 05, 2020  |  Retail

It’s been a tough week for malls. First, mall tenant Forever 21 was bought out by its landlords. Then, Sephora launched one of the most...

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Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy Could Lose $10B To Chinese Travel Ban
Top News In Payments: Central Bank Coin Currency At Least A Decade Away; US Economy...
February 05, 2020  |  News

In today’s top payments news, former Bank of France Governor Christian Noyer said a centralized, global eCurrency is still at least a decade away, the...

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Macy’s to Shut 125 Stores, Shutter Tech Offices
Macy’s to Shut 125 Stores, Shutter Tech Offices
February 04, 2020  |  Retail

Macy’s struggles continue as customer habits change to discount stores and online purchases, and the company said it’s going to close 125 department stores through...

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Macy’s To Open New Store Format With Beauty Focus
Macy’s To Open New Store Format With Beauty Focus
January 31, 2020  |  Retail

Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to more locations in...

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Macy’s Teams With Zola To Add Exclusive Products To Registries
Macy’s Teams With Zola To Add Exclusive Products To Registries
January 24, 2020  |  Retail

To help engaged couples register for more than 2,000 Macy’s exclusives, one-stop wedding commerce site Zola rolled out a registry partnership with Macy’s. The integration...

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