Macy | OTC Capital Partners
Sunday, February 5, 2012

Martha Stewart Living says Macys deal has loophole

Posted by Reuters: Business News on February 2, 2012

NEW YORK (Reuters) – Martha Stewart Living Omnimedia’s contract with Macy’s to exclusively sell certain products has a loophole that will let the company sell in J.C. Penney Co stores, according to the home-goods company.



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From Macy’s to Sears, tales of holiday highs, lows

Posted by Reuters: Business News on December 27, 2011

(Reuters) – Macy’s Inc and Wal-Mart Stores Inc continue to get high marks from Wall Street as the busy season draws to a close, while Sears Holdings Corp proved that it was really not a jolly holiday for all stores.



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Retailers’ graveyard shift wins over shoppers, analysts

Posted by Reuters: Business News on December 22, 2011

NEW YORK (Reuters) – While most of New York was fast asleep at 3 am on Thursday, 25-year old Tatiana Baret from the Bronx went to Macy’s.



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Talks to continue past midnight to avert strike at Macy’s

Posted by Reuters: Business News on June 16, 2011

NEW YORK (Reuters) – Talks between the union representing 4,000 workers at four New York City area Macy’s Inc stores, including its Herald Square flagship, and the company could continue past the midnight deadline on Wednesday to avert a strike at Macy’s for the first time since 1972.



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Macy’s May sales beat estimates

Posted by Reuters: Business News on June 1, 2011

CHICAGO (Reuters) – Department store operator Macy’s Inc posted a 7.4 percent increase in May at stores open at least a year, beating analysts expectations and sending its shares up more than 2 percent.



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Macy’s reports higher profit, raises 2011 outlook

Posted by Reuters: Business News on May 11, 2011

NEW YORK (Reuters) – Macy’s Inc reported a higher quarterly profit as middle-class shoppers continued to increase their spending and the department store operator raised its profit and sales outlook for 2011.



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Macy’s gains market share and sees better sales

Posted by Reuters: Business News on August 11, 2010

NEW YORK (Reuters) – Macy’s Inc quarterly results on Wednesday showed that the department store retailer boosted sales and gained market share without relying as much on discounts as it rivals did to get shoppers into stores.



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Macy’s swings to profit; shares slip

Posted by Reuters: Business News on February 23, 2010

CHICAGO (Reuters) – Macy’s Inc posted better-than-expected quarterly profit on Tuesday and forecast same-store sales growth this year of 1 percent to 2 percent.



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Macy’s says cutting some store level jobs

Posted by Reuters: Business News on January 28, 2010

NEW YORK (Reuters) – Macy’s Inc said it is cutting some store-level jobs and adding others as part of its efforts to standardize how it manages stores and staffing.


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U.S. retail sales miss view on weak holiday start

Posted by Reuters: Business News on December 4, 2009

CHICAGO (Reuters) – U.S. retailers from Macy’s to Costco posted much weaker-than-expected sales for November as shoppers focused only on big bargains at the start of the key holiday selling season.


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