February 3, 2015

In its first acquisition in 10 years, Macy’s has signed an agreement to acquire luxury beauty products retailer Bluemercury for $210 million in cash.

February 3, 2015

In its first acquisition in 10 years, Macy’s has signed an agreement to acquire luxury beauty products retailer Bluemercury for $210 million in cash.

February 3, 2015

Macy’s on Tuesday unveiled a series of senior executive appointments the retailer says will support its new focus on omnichannel advances and overall innovation.

January 8, 2015

In response to changes in “where the customer is headed,” Macy’s chief announced on Thursday a sweeping reorganization plan that will close 14 under-performing stores, lay off thousands of workers and, most far-reaching, ready the retailer to respond to an omnichannel shopping environment.

June 11, 2013

President Bill Clinton and Macy’s CEO Terry Lundgren on Tuesday were honored as 2013 Fathers of the Year by the non-profit National Father's Day Council.

April 4, 2013

Macy's CEO Terry Lundgren had a pay package worth $11.3 million in 2012, down 22% from 2011, the Associated Press reported.

February 25, 2013

Terry Lundgren, CEO of Macy’s, took the stand on Monday to testify in the trial of two Macy's lawsuits regarding the deal between J.C. Penney Co. and Martha Stewart Living Omnimedia Inc.

January 28, 2013

Macy’s announced a series of changes to its senior executive leadership team, effective immediately.

January 25, 2013

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.

January 8, 2013

Procter & Gamble named Macy’s chairman, president and CEO Terry Lundgren as the newest member of its board of directors.

November 1, 2012

As the holidays approach and retailers are still recovering from Hurricane Sandy, October same-store sales results showcased consistent strength in the department store category.

October 4, 2012

Apparel retailers and department stores reported monthly revenue results for September that were mixed, as Gap Inc. and Limited Brands posted gains that beat Wall Street estimates, while Macy's and Kohl’s missed expectations.

October 1, 2012

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.

August 30, 2012

Macy's, Limited Brands and Gap Inc. all posted August same-store sales that topped analysts' estimates as retailers across the board generally posted strong sales, boosted by back-to-school shopping and aggressive promotions.

July 5, 2012

Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

July 5, 2012

Analysts expected 18 top retail chains to report a modest gains in June, as high unemployment and falling consumer confidence have taken a toll on spending.

June 22, 2012

A report by Bloomberg said that Macy’s CEO Terry Lundgren is slated to give his deposition next month over a contract dispute with Martha Stewart Living Omnimedia Inc.

May 23, 2012

Macy's Inc. will start selling some of its private brand merchandise directly to shoppers in China through a deal with an online retailer there.

March 1, 2012

Results were mixed among the department store players in February, as Macy’s turned in a strong performance and Kohl’s missed expectations.

February 2, 2012

The nation’s discount chains reported solid results for January, with Target Corp., TJX Cos., and Costco Wholesale Corp. all reporting gains above expectations.

January 16, 2012

National Retail Federation officials said Monday that a record crowd of 24,000 attendees is expected to converge on its 101st Annual Convention & Expo, which kicked off Sunday at the Jacob J. Javits Convention Center in New York City.

January 4, 2012

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

January 4, 2012

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

December 1, 2011

In a heavy promotional environment starring early sales and steep discounting, the department store players turned in mixed performances in November.