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May Department Stores News

News on May Department Stores continually updated from thousands of sources around the net.

Tuesday Jul 7 | St. Louis Business Journal

Macy's cut print ad spending in half

Macy's Inc. has cut in half the amount of money it spends nationally on print advertising since 2005, according to an analysis published by a newspaper industry blog called Newsosaur.

Comment?

Related Topix: Blog News, Retail

Mon Jul 06, 2009

Reflections of a Newsosaur

Macya s halved newspaper spend since a 05

Macya TMs has cut in half the amount of money it spends on newspaper advertising since 2005, depriving the struggling industry of some $616 million in sorely needed revenues.

Comment?

Related Topix: Retail

Tue Mar 31, 2009

Business Wire

Macy's, Inc. Estimate of 2008 Goodwill Impairment Charge is within Previously Announced Range

Macy's, Inc. today announced that it has recorded an estimated pre-tax goodwill impairment charge of approximately $5.4 billion in 2008.

Comment?

Related Topix: Retail, Federated Department Stores

Tue Feb 24, 2009

SmartMoney

Macy's 4Q Earnings Slip 59%

Macy's Inc. , while still struggling with profit problems due to heavy markdowns and virtually stagnant consumer spending, appears to be making the kind of progress that make it a survivor, analysts said.

1 comment

Related Topix: Retail, Cornell University

Thu Feb 05, 2009

PR-inside.com

Berger Joins Diversified Search Ray and Berndtson to Lead Human Resources Practice

Diversified Search Ray & Berndtson is pleased to announce that Chris Berger has joined the firm as Managing Director in the firm's New York City office and will serve as Human Resources Practice Leader.

Comment?

Related Topix: Heidrick & Struggles, Heidrick and Struggles International, Human Resources, Aetna, Insurance, Retail, University of Connecticut, New York

Tue Feb 03, 2009

St. Louis Post-Dispatch

Company plans to slash 7,000 jobs, expects to complete restructuring effort by May.

Macy's Inc. plans to slash 7,000 jobs at its Macy's department stores - about 4 percent of the chain's U.S. work force - in an aggressive cost-cutting move, but the retailer said Monday that the impact on St.

Comment?

Related Topix: Retail

Mon Feb 02, 2009

Hollywood Reporter

Wal-Mart Boss Talks Sustainability, Congress Talks Pay Caps

Less than two weeks after the transition in Washington D.C., there's been another leadership transition and a new boss for an enormous economy.

Comment?

Related Topix: Retail, Wal Mart Stores, Federated Department Stores, US News, US Senate, Democrat, US Politics, Claire McCaskill

Fri Jan 16, 2009

Women's Wear Daily

Macy's Robert Mettler Set to Retire

Robert Mettler, a veteran department store executive who held top roles within the Macy's Inc., May Department Stores Co.

Comment?

Related Topix: Retail, Sears Roebuck

Sun Jan 11, 2009

Business

Macy's write-down could scare investors

Macy's Inc. investors are waiting for the other shoe to drop, and it isn't a Manolo Blahnik.

Comment?

Related Topix: Financial Services, National City Corporation, Banking, Retail, Deutsche Bank AG

Fri Jan 09, 2009

Bloomberg

Macy's May Hasten Downward Spiral by Writing Down $3 Billion in Goodwill

Macya s Inc. investors are waiting for the other shoe to drop, and it isna t a Manolo Blahnik.

Comment?

Related Topix: National City Corporation, Banking, Financial Services, Financial Markets, Retail, US News

Fri Dec 12, 2008

Business Wire

Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends

Each of the Morgan Stanley closed-end funds listed below today declared the following dividends.

Comment?

Related Topix: Investment Banking, Financial Services, Morgan Stanley, Healthcare Industry, Investment Services, Retail

Tue Dec 09, 2008

Wage Law

Johnson v. GlaxoSmithKline, Inc.: Is Alvarez v. May Department Stores Co. Dead?

In Alvarez v. May Department Stores Co. 143 Cal.App.4th 1223, the Court of Appealestablished that collateral estoppel could prevent future class actions once a court denies certification of a particular class.

Comment?

Related Topix: Biotech, GlaxoSmithKline, Retail, Financial Services

Internet Retailer

Former Kohl's exec is the new CEO at Burlington Coat Factory

A former senior executive vice president who oversaw e-commerce at Kohl's Corp. is the new CEO of Burlington Coat Factory Warehouse Corp.

Comment?

Related Topix: Burlington Coat Factory Warehouse, Retail, Apparel, Internet, Science / Technology, Kohls

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