Macy's Inc. news and archive

Macy's expands small-format store strategy

American department store chain Macy’s has announced four new small-format stores scheduled to open by autumn in the Northeast and Western regions of the US as part of its ongoing expansion strategy to give customers curated selections in a “fresh space with a new vibe”. In 2020, Macy’s introduced the first iteration of its small-format stores...

Retail

Macy's announces plans to launch curated digital marketplace

Macy’s, Inc. has announced plans to launch a curated digital marketplace to expand the company’s omnichannel approach. The new marketplace will expand the company’s assortment in existing categories and brands and introduce a range of new categories, by enabling carefully selected third-party merchants to sell their products on macys.com and...

BusinessFeatured

Macy's begins refinancing

Macy's Inc, whose business moves will be closely watched as we are coming out of the coronavirus pandemic, has begun its refinancing procedures. The company has announced the offering of 1.1 billion dollars in secured notes that were set to maure in 2025. The company intends to use those notes along with cash on hand to repay the current...