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Macys
Jewelry Strong for J.C. Penney, Macy’s
Two of the top US department stores noted strong jewelry sales in the second fiscal quarter, even as their overall results were disappointing.J.C. Penney and Macy’s both expressed intentions to invest further in improving their jewelry...
Retail Aug 20, 2019 Rapaport News
Macys Atlanta Georgia
Jewelry a Top Seller at Macy’s, J.C. Penney
Macy’s and J.C. Penney noted strong sales in their jewelry divisions in the fourth fiscal quarter, even as overall results disappointed.Macy’s also said it would implement a new strategy to focus on the category, as well as other products...
Retail Feb 28, 2019 Rapaport News
Macy's
Fine Jewelry a Bright Spot for Macy’s
Macy’s noted strong sales of higher-end jewelry during theholiday season, though lower-priced items were weaker. Fine jewelry was one of seven categories the retailerhighlighted for their positive performances during November and December.However,...
Retail Jan 10, 2019 Rapaport News
NRF 150
US Retail Sales Up in July, Says NRF
US retail sales increased in July, as consumers continued tospend despite fears over the escalating trade war. Total purchases — excluding automobiles, gasoline andrestaurants — rose 0.4% over June sales and 4.9% year on year, accordingto...
Retail Aug 19, 2018 Rapaport News
Macy's
Macy’s Jewelry Upgrade Lifts Sales
Macy’s jewelry sales grew by a double-digitpercentage in the second quarter, following a decision to raise the quality of itsproducts, the retailer said.The strategy resulted in higher revenueacross both its jewelry and watch businesses, the department-store chain...
Retail Aug 14, 2017 Rapaport News
Macy's
Macy's Shutting 100 Stores as 2Q Sales Lag
Macy’s will close nearly 14 percent of all its stores as theU.S. retailer focuses on its better-performing outlets and strengthens itsdigital business.The company will shutter most of the stores in early 2017, thedepartment-store chain said without...
Polished Markets Aug 15, 2016 Rapaport News
Jeff Gennette Macy's
Macy's Names New CEO
Macy’s appointed Jeff Gennette as chief executiveofficer, replacing Terry Lundgren as part of a succession plan to revitalizethe U.S. department store chain.Gennette (pictured, right) – who has been president of the company since 2014– will take over...
Retail Jun 27, 2016 Rapaport News
Kenneth cole
Macy's Names Gennette as President
Macy's Inc. appointed Jeffrey Gennette as its president effective immediately. Gennette has served as Macy's chief merchandising officer for the past five years. He will report to Terry J. Lundgren, Macy's chairman and CEO. In this...
Retail Mar 31, 2014 Jeff Miller
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