Saks Fifth Avenue’s bankruptcy filing has revived debates about how these once celebrated shopping emporiums can regain their luster.
Category: Bloomingdale’s
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Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items.
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A Local’s Guide to Celebrating the Holidays in New York
Facing crushing throngs and high prices can be as off-putting as a rock-hard bagel. Here’s how New Yorkers enjoy their hometown’s seasonal traditions without much challenge to their patience or pocketbook.
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Macy’s Reports Lower Sales as Shoppers Cut Back
Department store chains have struggled as consumers, squeezed by budget constraints, spend less time and money at their stores.
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Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury
The retailer, under a new chief executive and facing a takeover bid, outlined a three-year strategy to achieve “sustainable, profitable growth.”
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Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle
Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.
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Tony Spring, Macy’s New C.E.O., Faces Retail Puzzle
Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.
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Macy’s Plans to Cut 2,350 Jobs and Close 5 Stores
The layoffs, focused on corporate positions, will reduce the retailer’s work force by 3.5 percent as a new chief executive prepares to take the reins.
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The Bloomingdale’s Big Brown Bag Turns 50
Since Bloomingdale’s introduced the Big Brown Bag 50 years ago, it has become a totem of the store — as well as a mug, an umbrella and, now, a pickleball paddle.
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Macy’s Names Next Bloomingdale’s C.E.O.
Olivier Bron is arriving from a Thai department store chain as Macy’s continues its leadership shuffle.
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Powered by A.I., Company Aims to Make Selling Easier for Retailers
Lily AI matches online shoppers to the merchandise they’re looking for based on colloquial search terms, a welcome change for companies like Bloomingdale’s.
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Bob Iger Ousts a Marvel Antagonist
The New York Times – Business:Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was reportedly among the latest round of job cuts at the entertainment giant.