Macy's
NEW YORK, NY - MAY 15: A general view of atmosphere during the Macy's Fetes Brasil With A Carnaval-Inspired Celebration at Macy's Herald Square on May 15, 2012 in New York City.
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April was certainly weaker than the last couple of months from a top-line perspective, in part due to weather and the earlier Easter. Still, no company in our coverage group missed earnings for 1Q. Macy's (NYSE: M) & American Eagle (NYSE: AEO) remain our top picks.
Our customers continue to respond to fresh fashion merchandise. Our assortment is trend-right and distinctive, which is a testament to the skill and experience of our central merchants, as well as the continued success of our My Macy's field organization in tailoring merchandise by store. We continue to see the power of our omnichannel strategy in driving sales online and in the stores.
Our business at Macy's and Bloomingdale's continues to perform very well and sales in April met our expectationsMore quotes »
Newsday's coverage
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Cops: Hampton Bays women charged with stealing
Two women were arrested in Hampton Bays Sunday after police said they were seen stealing items from a Macy's on Montauk Highway.Marcia Aplicano, 28, and Dania Ramirez , 21, both of Hampton Bays, were arrested at 3 p.m. after Southampton Town police said Read more »
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Betsey Johnson chain closing all its stores
The Betsey Johnson women's clothing and accessories chain will soon close all its stores, including two Long Island locations. Betsey Johnson Llc., which filed for Chapter 11 bankruptcy protection on April 26, is holding going-out-of-business sales, disc Read more »
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Mariano Rivera, Curtis Granderson launch Yankees fragrance
The New York Yankees launched their first ever team fragrance at Macy's Herald Square Thursday, bringing to mind one question for those of us who have never been up close with a man in pinstripes . . . what does a Yankee smell like?"It's winning-- that's Read more »
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Store employee arrested in gift card fraud
A Macy's employee was arrested on Saturday for using stolen credit cards to buy thousands of dollars in gift cards, Nassau police said.Duke U. Obule, 19, of Cambria Heights , Queens, an employee at Macy's at the Green Acres Mall in Valley Stream , had wo Read more »
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Alberta Ferretti launches collection at Macy's
Flowing maxi dresss and bohemian tops in turquoise, orange and deep shades of pink next to romantic floral prints and delicate lace transformed the third floor of Macy's Herald Square into Italy's Amalfi Coast Tuesday.The sunny Italian coastline inspired Read more »
