Federated Department Stores News

After consumer confidence and retail sales rebounded in April, Wall Street has turned bullish on U.S. retail stocks.

New York City's brightest stars in the retail and financial industries turned out in record numbers to celebrate the 35th anniversary of Ronald McDonald House New York.

Macy's 2013 Shop For A Cause will take place on Aug. 24, but charity sign-up begins now.

The company announced this morning that the outlet, which opened in 1924 in the Railway Exchange building, will be closing with a final clearance starting in the beginning of June and continuing for about ten weeks.

Bloomingdale's, a division of Cincinnati-based Macy's Inc. plans to enter the Hawaiian market for the first time.

There wasn't much excitement during Macy's Inc.'s 33-minute annual meeting Friday morning at the company's downtown Cincinnati headquarters.

Bloomingdale's will enter the Hawaiian market for the first time in 2015 with a 167,000-square-foot, three-level store in Honolulu.

JC Penney is trying to recover from a horrible year. First they fired their new CEO, Ron Johnson, who had been brought in from Apple to turn the retailer around.

Cooler than usual weather and belt-tightening by shoppers still struggling with higher payroll taxes and stubborn unemployment dampened sales last quarter at chains from Macy's Inc to Wal-Mart Stores Inc .

Macy's. The department store chain reported a 20 percent increase in first-quarter profit, even though cool temperatures and economic worries dampened some of its shoppers' spending on spring clothes.

Google on Wednesday launched a subscription-based music service, allowing users of Android phones and tablets to listen to their favorite songs and artists for a monthly fee.

Several large U.S.-based retailers - including Cincinnati-based Macy's - presented a plan Wednesday for improving conditions of garment factories in Bangladesh, where a building collapse and fires have killed at least 1,100. The North American Bangladesh Worker Safety Working Group is 'working together to figure out what we think is the best way to ... (more)

Deutsche Bank currently has a $53.00 target price on the stock, up from their previous target price of $47.00. "Expectations at Macy's are somewhat elevated heading into the 1Q13 print on May 15, as the stock is up close to 20% YTD and with investors looking for 1Q SSS of 3.5%-4.0%. In our view, the shares represent a mixed bag at current levels, ... (more)

Suits you ladies! Mothers Camila Alves and Sheryl Crow put a sexy spin on smart attire as they attend Macy's Icon launch But a couple of things Camila Alves and Sheryl Crow have in common is their devotion to being mothers and proud Americans.

The Cincinnati-based company said net income was $217 million for the 13-week quarter, or 55 cents per diluted share versus $181 million, or 43 cents in the same period last year.

Macy's Inc. is reporting a 20 percent increase in first-quarter profit as the department store chain saw solid sales despite cool temperatures that dampened shoppers' appetite for spring clothes.

Customers can shop Macy's for exclusive designs from all-star American brands including Ralph Lauren, Calvin Klein, Michael Kors, Tommy Hilfiger, Nike, Levi's and many more )--In a patriotic salute to the people, places and things that make our country great, the American Icons campaign will come to life this week at Macy's. The celebration will ... (more)

The price of Macy's Inc. stock closed near its 52-week high of $47.23 at $46.88 per share on May 13, which represents an impressive 20 percent gain in 2013 year-to-date. The nation's second largest retailer is scheduled to report its first quarter 2013 earnings on Wednesday, May 15 with a 10:30AM Eastern Daylight Time conference call to discuss the ... (more)

Macy's will report earnings before markets open on Wednesday, May 15th. Macy's, Inc.

Shares of Macy's closed at $47.23 on Friday, the all-time high for the stock. The previous all-time high was $46.70 on March 23, 2007.