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    1. AmEx to launch its first cross-brand loyalty program in U.S.

      Headlines

      Wed, 18 Mar 2015

      (Reuters) - American Express Co said it will team up with seven U.S. companies, including Macy ' s Inc , AT&T Inc and Exxon Mobil Corp , to launch a cross-brand loyalty program for the first time in the United States.

    2. UPDATE 1-AmEx to launch its first cross-brand loyalty program in U.S.

      Headlines

      Wed, 18 Mar 2015

      March 18 (Reuters) - American Express Co said it will team up with seven U.S. companies, including Macy ' s Inc , AT&T Inc and Exxon Mobil Corp, to launch a cross-brand loyalty program for the first time in the United States.

    3. AmEx to launch cross-brand loyalty program - WSJ

      Headlines

      Wed, 18 Mar 2015

      March 18 (Reuters) - American Express Co will team up with seven companies, including Macy ' s Inc, AT&T Inc and Exxon Mobil Corp, to launch a loyalty program this spring, the Wall Street Journal reported.

    4. Shopping Malls: Goners?

      Headlines

      Fri, 6 Mar 2015

      stores as they glide along toward a big anchor like Nordstrom or Macys . True, many high-end malls are doing quite well , but mid-tier ..... it has embraced specialty retailers like fashion purveyor H& M . Plus, it has strong anchors such as Nordstrom. Simon’s shares

    5. UPDATE 2-U.S. court revives Macy's claims vs JC Penney over Martha Stewart

      Headlines

      Thu, 26 Feb 2015

      NEW YORK, Feb 26 (Reuters) - A New York state appeals court on Thursday revived most of Macy ' s Inc's lawsuit accusing J.C. Penney Co of interfering improperly with its exclusive merchandising...

    6. For Macy's , going downmarket looks like the way ahead

      Headlines

      Thu, 26 Feb 2015

      (Reuters) - Macy ' s Inc's planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc's TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States.

    7. For Macy's , going downmarket looks like the way ahead

      Headlines

      Thu, 26 Feb 2015

      Feb 26 (Reuters) - Macy ' s Inc's planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc's TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States.

    8. N.Y. court revives Macy's claims vs. JC Penney on Martha Stewart deal

      Headlines

      Thu, 26 Feb 2015

      (Reuters) - A New York state appeals court has revived two claims accusing JC Penney Co Inc of interfering improperly with a merchandising contract between Macy ' s Inc and Martha Stewart Living Omnimedia Inc.

    9. NY court revives Macy's claims vs JC Penney on Martha Stewart deal

      Headlines

      Thu, 26 Feb 2015

      NEW YORK, Feb 26 (Reuters) - A New York state appeals court has revived two claims accusing JC Penney Co Inc of interfering improperly with a merchandising contract between Macy ' s Inc and Martha Stewart Living Omnimedia Inc .

    10. Friday Five: Fed Aims for Normalcy, Greece Buys Some Time

      Video Reports

      Thu, 26 Feb 2015

      fruition. Stipp: Lastly, [TICKER: M ] Macy ' s reported results indicating their ..... also being executed well. Glaser: Macy ' s had been a turnaround story, and ..... headlines out of this quarter was that Macy ' s is going to spend more in capital

      Macy's found at 5:35

      and Lowe's is a sign that could possibly come to fruition. Stipp: Lastly, [TICKER: M ] Macy's reported results indicating their plan is also being executed well. Glaser: Macy's had been a turnaround story, and they really seem to have made a lot of progress. Their growth was fairly modest, 2% same-store sales growth, but they were able to have much better profitability, as they are focusing on those improvements very carefully. But one of the big headlines out of this quarter was that Macy's is going to spend more in capital spending, is going to try to focus on some growth initiatives--everything from possibly creating an off-price Macy's brand to having more online presence, to thinking about international expansion. It seems that they really want to invest some money in those areas. Morningstar's Macy's analyst Paul Swinand warns that a lot of retailers have wanted to expand outside of their core business and have had trouble doing that in the past; it's not as easy as slapping your brand on some other stores and hoping that it's going to work out. It's a challenging proposition. He still sees that this no-moat company is making a lot of progress, is doing a lot of things right, but given the fact that competitors probably could replicate a lot of what's happening in the medium term, and given that Macy's valuation is fair but nothing too compelling, it might make sense for investors to look elsewhere. Stipp: Great insights on the news
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