Tony Spring, a Bloomingdale’s veteran, assumes the top job as an investor group threatens to take a buyout bid to shareholders.
Category: Shopping and Retail
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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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Biden Takes Aim at Grocery Chains Over Food Prices
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
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Walmart to Add 150 U.S. Stores in Five-Year Expansion Drive
The retail giant, which last opened a domestic location in 2021, said most of the stores would be newly built.
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5 Designers on Their Lives in Jewelry
A conversation turns to the challenges of running an independent brand in New York City.
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Some Exclusive Jewelers Are Taking a Winter Holiday
Designers have been following their clients from snowy St. Moritz, to sunny Palm Beach.
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Craftsmanship Moves to the Fore in a Jewelry Shop Renovation
The London designer Jessica McCormack devised a way for clients to see how their jewelry is made.
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Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’
The retailer has been raising wages for store associates. It’s now turning its attention to improving salaries and benefits for their bosses.
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Macy’s Rejects Takeover Bid, but Remains ‘Open to Opportunities’
The retailer, which has struggled to increase its sales as shoppers cut back, acknowledged that it had received an unsolicited buyout offer, which it said ‘lacks compelling value.’
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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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Watch Brands Are Part of a ‘Renaissance’ on the Champs-Élysées
As the Paris Olympics near, the famed avenue is getting a makeover, with Panerai, Montblanc and others unveiling new and renovated spaces.