Highlights
R.H. Macy opened his first "fancy dry goods" store in New York City in 1858. By 1924, the department store's location at Herald Square was declared the "World's Largest Store." That same year, an annual tradition started: Macy's Thanksgiving Day Parade. (Photo AP)
R.H. Macy opened his first "fancy dry goods" store in New York City in 1858. By 1924, the department store's location at Herald Square was declared the "World's Largest Store." That same year, an annual tradition started: Macy's Thanksgiving Day Parade. (Photo AP)
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Macy's branches into China with online deal
Macy’s Inc. is pairing up with Omei.com, a new Chinese e-commerce site, to sell some of its private brand items to consumers in the growing Asian market. The department store chain, which also owns Bloomingdale’s, invested $15 million in...
Tags: China, Media Industry, Consumers
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Macy's Bar III hits the Rose Bowl flea market on Sunday
All The RageMacy's is taking its private-label Bar III brand on a cross-country jaunt to hip and happening flea markets, including the Rose Bowl flea market in Pasadena.... -
Macy's earnings jump 38%
Macy's Inc. reported a 38 percent increase in its first-quarter profit as the department store chain continues to reap benefits from its move to tailor its fashions to local markets.
The results disclosed Wednesday beat Wall Street's expectations. But...Tags: Earnings, Earnings Forecasts, Economic Indicator, Macy's, Inc., Quarterly or Semiannual Financial Statements
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Stocks fall after conflicting economic reports
A muddle of economic data and corporate earnings news sent stock indexes lower for a second day. Disappointing April sales results from big retailers set the bleak tone early on. Costco, Macy's and Target, among others, reported sales that were weaker...
Tags: Stock Market, Stock Activities, Target, Financial Markets
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New York: In the footsteps of Titanic survivors
NEW YORK — As you may have heard, the Titanic never reached New York. But about 700 of its passengers and crew did get here on the night of April 18, 1912, three days after the sinking. In fact, their arrival drew a crowd of thousands to the...
Tags: Upper West Side, Statue of Liberty, Empire State Building, Air Transportation Industry, Health
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'Fashion Star' is designed with retail in mind
Fashion ought to be a no-brainer for television: It's fun to look at, appeals to a spending-happy demographic and involves outsized personalities who tend to believe it's their professional duty to create drama. Yet the history of reality TV is littered...Tags: Project Runway (tv program), Services and Shopping, Marketing, Heidi Klum, Tyra Banks
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Wal-Mart's prices hurt profit; B&N, Home Depot, Macy's earnings
Wal-MartStores Inc.offered heavy discounts over the holiday season – a strategy that helped the world’s largest retailer perk up its revenue but also hurt its profit.
In the fourth quarter ending Jan. 31, the chain reported a 1.5% year-over-...Tags: Companies and Corporations, E-Commerce Industry, Walmart, The Home Depot, Quarterly or Semiannual Financial Statements
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Topshop to open first Los Angeles store at the Grove
British fashion chain Topshop is coming to Los Angeles.
The retailer is slated to open its fourth American store at the Grove shopping center in L.A.'s Fairfax district by the holiday season.
The chain, which makes cheap-chic clothes much like...Tags: Homes, Banana Republic, Jason Wu, Fairfax (Fairfax, Virginia)
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Fashion Diary: Fast forward to 2012
Los Angeles Times Fashion CriticStealth wealth. Fashion gaming. Elsa Schiaparelli. Raf Simons. What else? Here's a list of stylish people, trends and ideas to pay attention to in 2012. Surrealism. Opening May 10, the Metropolitan Museum of Art Costume Institute's exhibition...Tags: Leonardo DiCaprio, Artists, Jil Sander, Yves Saint Laurent, Raf Simons
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Retail roundup: Jason Wu for Target, Valentine's Day, Macy's
--Target Corp.'s eagerly anticipated collaboration with Jason Wu is rolling out this Sunday in stores and online.
Best known for dressing First Lady Michelle Obama for the inaugural ball, Wu is but the latest designer to pair up with the cheap-chic chain...Tags: Football, Homes, Michelle Obama, Pet Shops, Services, and Supplies, Super Bowl
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Consumer Confidential: Amazon to India, retail sales, fax recall
Here's your thank-the-Lord-for-the-nighttime Thursday roundup of consumer news from around the Web:
-- Another Seattle company is heading to India. First Starbucks announced plans to open 50 outlets in India by year's end. Now Amazon.com is launching...Tags: Reebok Ltd., Dillard's Incorporated, Target, Hewlett-Packard Co., India
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J.C. Penney's new strategy includes major markdowns
After a poor holiday season, department store chain J.C. Penney Co. is revamping its strategy by permanently slashing prices on products by at least 40% and retooling its store format.
Chief Executive Ron Johnson announced in New York that the retailer...Tags: Holidays, Apple Inc., Target, Martha Stewart, JC Penney Company Inc.
May 23, 2012
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