$M (Macy's, Inc.)

$M {{ '2015-08-12T14:43:19+0000' | timeago}} • Webcast

$M 2Q15 Q&A: Hood of BMO Capital asked on the Brooklyn transaction, does that preclude company from eventually vending the owned piece into a REIT with a joint venture partner at some point in the future. Karen answered that it does not. M still owns the part of the store that it is operating.

$M {{ '2018-01-04T15:22:29+0000' | timeago}} • Announcement

$M said it expects fiscal 2017 comparable sales, on an owned basis, to decline between 2.4% and 2.7%, and those on an owned-plus-licensed basis to drop in the range of 2% to 2.3%. Total sales are forecasted to decrease in the 3.6-3.9% range. Macy’s is currently looking for full year non-GAAP earnings per share between $3.59 and $3.69.

$M {{ '2018-01-04T15:12:57+0000' | timeago}} • Announcement

Store operator $M reported a 1% annual increase in comparable sales in November and December 2017, on an owned basis. On an owned plus licensed basis, same store sales grew 1.1%. As part of its restructuring program, Macy’s is planning to close 11 stores in early 2018, and to achieve annual expense savings of $300MM from it.

$M {{ '2017-12-20T12:42:45+0000' | timeago}} • Announcement

$M appointed  Jill Ramsey as chief product and digital revenue officer, effective Jan. 8, 2018. In this new role, Ramsey will report to Hal Lawton, president of the company.

$TJX {{ '2017-12-11T18:52:13+0000' | timeago}} • Infographic

With too many players upsetting the supply-demand balance, staying profitable has become a challenge. It is high time store operators shifted their focus from promotion to innovation. $TJX $M $KSS $JWN $ROST $JCP

$M {{ '2017-12-11T14:08:29+0000' | timeago}} • Announcement

$M announced early results of the tender offer of its subsidiary Macy’s Retail Holdings to buy up to $400MM of the outstanding debt securities. As on Dec. 8, 2017, about $1.03Bil of notes were validly tendered and not validly withdrawn.

$M {{ '2017-12-11T12:01:17+0000' | timeago}} • Announcement

$M said its executive chairman Terry Lundgren will retire from the BoD, effective Jan 31. 2018. The board has appointed Jeff Gennette, who has been CEO since March 2017, to the additional role of Chairman, effective Jan. 31, 2018.

$M {{ '2017-12-01T14:34:22+0000' | timeago}} • Announcement

Store operator $M has revealed plans to hire around 7,000 seasonal associates, to be deployed at the Macy’s stores across the country for the holiday season. The seasonal store associates will be serving customers on the selling floor and working in 'store operations' positions.

$WMT {{ '2017-11-30T17:34:38+0000' | timeago}} • Infographic

A few quick takeaways on how the retail industry performed during the Thanksgiving weekend. $WMT $TGT $AMZN $DG $DLTR $M $KSS

$WMT {{ '2017-11-30T15:34:45+0000' | timeago}} • Infographic

This year, the Thanksgiving weekend witnessed a marked growth in sales compared to the previous years. Online sales reached record levels on Cyber Monday and surpassed expectations, driven primarily by the promotional pricing offered by retailers. $WMT $TGT $AMZN $KSS $M $COST $BBY $GME $HD $LOW

$TGT {{ '2017-11-30T14:28:22+0000' | timeago}} • Infographic

During the Thanksgiving weekend, a large number of consumers turned to their smartphones and computer screens for their shopping needs. Amazon, as expected, gobbled up a lion's share of the online transactions. Lets take a look at the other retailers that made a killing last weekend. $TGT $WMT $AMZN $KSS $M $COST $BBY $GME $HD $LOW

$WMT {{ '2017-11-27T20:17:32+0000' | timeago}} • Infographic

As the retail industry prepares for another profitable holiday season, we take a look at how much various companies have resisted the crippling impact of Amazon. Most companies have already reported higher Black Friday sales this year. $WMT $TGT $COST $JWN $DLTR $KSS $M $AMZN

$M {{ '2017-11-10T20:35:58+0000' | timeago}} • Webcast

$M plans to enter 4Q17 with initiatives to boost sales, including site monetization and enhancement of its digital platform. Also, going forward, the Buy-online Pick up-in Store option will be a more potent part of the business. Credit penetration trend is seen improving materially in the final months of the year, helped by the loyalty program.

$M {{ '2017-11-10T20:03:21+0000' | timeago}} • Webcast

$M said its restructuring initiatives will bring additional savings of $8MM on an annual basis, while streamlining operations. In 4Q17, comparable sales are seen benefiting mainly from higher digital penetration, loyalty program and the cold weather. Merchandise margin is expected to be flattish in fourth quarter, in line with the 3Q17 levels.

$M {{ '2017-11-10T19:40:01+0000' | timeago}} • Webcast

$M has cited Hurricane Harley and the warm fall weather as the reason behind its negative comparable sales in 3Q17. The retailer is all set to introduce further enhancements to its Star Rewards loyalty program next year, and expand it beyond the proprietary card base.  In the 4Q17, one of the focus areas will be cost management initiatives.

$M {{ '2017-11-09T17:52:01+0000' | timeago}} • Infographic

$M Macy’s, Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$M {{ '2017-11-09T13:45:45+0000' | timeago}} • Announcement

After reporting lower than expected 3Q17 EPS, $M said it continues to expect FY17 comparable sales on owned basis to dip in the 2.2-3.3% range, and to drop 2-3% on owned plus licensed basis. The retailer reiterated its prediction of a 3.2- 4.3% decrease in full-year sales. Macy's continues to expect its non-GAAP EPS to be between $3.38 and $3.63.

$M {{ '2017-11-09T13:27:20+0000' | timeago}} • Announcement

Earnings of department store chain $M more than doubled to $0.12 per share in 3Q17 as improved inventory control pushed up margins. The retailer, which is preparing for the holiday season, saw its sales falling 6% to about $5Bil and comparable sales dipping 4%, reflecting the recent store closures. Among peers, $KSS reported EPS of $0.7 for 3Q17.

$M {{ '2017-10-30T16:40:43+0000' | timeago}} • Announcement

$M has declared a regular quarterly dividend of 37.75 cents per share on its common stock. The dividend is payable on January 2, 2018, to shareholders of record at the close of business on December 15, 2017.

$M {{ '2017-10-17T13:29:48+0000' | timeago}} • Announcement

Department store operator $M has appointed Danielle Kirgan as Chief Human Resources Officer, effective October 23, 2017. Kirgan will join Macy’s Corporate Strategy Committee and report to CEO Jeff Gennette. Most recently, Kirgan served as SVP, People, at American Airlines. Earlier, she worked as Chief Human Resources Officer at Darden Restaurants.

$M {{ '2017-09-18T20:51:45+0000' | timeago}} • Announcement

$M plans to hire about 80,000 seasonal positions at its Macy's and Bloomingdale's stores, call centers, distribution centers and online fulfillment centers nationwide for 2017 Christmas and holiday season. About 18,000 of 80,000 total seasonal positions will be based in direct-to-consumer fulfillment facilities, up 3,000 positions from last year.

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