While retailers like footwear giant Nike (NKE) and big box chain Walmart (WMT) have been prepping for months, there's no avoiding the hit from tariffs. On Wednesday afternoon, President Donald Trump announced a baseline tariff of 10% for all countries, …

The appointment comes as the department store chain reorganizes its operations under Tony Spring, who took over as CEO last year. Published: Apr 2, 2025, 3:00 PM IST Read Full Article Department store chain Macy's Inc (M) has hired Capri Holdings (CPRI …

Macy’s Inc's M has announced several changes to its leadership team. The management transition "does not come as a complete surprise," with Tony Spring beginning his second year as CEO, according to Telsey Advisory Group. The Macy’s Analyst: …

Eduardo MunozAlvarez -VIEWpress / Getty Images Macy's announced that Thomas J. Edwards will be the company's new chief operating officer and CFO starting in June. The department store chain also made several other changes to its executive team. …

By Reuters Published April 1, 2025 Capri Holdings' finance and operations head, Thomas Edwards, will leave the U.S. luxury holding company to assume similar roles at department store chain Macy's. Versace - Fall-Winter2025 - 2026 - Womenswear - …

Macy’s Inc M shares are trading higher. The company on Tuesday announced leadership changes. What Happened: Macy’s announced a shakeup of its executive leadership team to further advance the company’s “Bold New Chapter” strategy designed to return the …

America's department stores are trying to stay relevant in a new era of consumer behavior. As consumer preferences have shifted to low-price convenience players like Amazon (AMZN), Walmart (WMT), TJX (TJX), and Ross Stores (ROST), legacy department …

Kohl's Corp new CEO warned that a turnaround will take "some time" after the U.S. department store chain forecast a bigger-than-anticipated drop in annual sales, sending its shares sliding 20% to a near three-decade low on Tuesday. The …

By Ananya Mariam Rajesh (Reuters) - Macy's forecast annual sales and profit below Wall Street expectations on Thursday, reflecting a broader trend among U.S. retailers grappling with reduced consumer spending amid the added pressure of new trade …

Macy's reported net income came to $342.0m in the three months ended 1 February, or $1.80 per share, a marked improvement from its $128.0m loss a year earlier and ahead of estimates of $1.53 per share. Excluding one-time items, Macy's posted …