Macy’s Sees 3.3% Increase in Total Sales for Third Quarter
Macy’s sales in the third quarter totaled $6.276 billion, up to 3.3% from total sales of $6.75 billion in the third quarter of 2012.
macys
Shaky Consumer Confidence Could Affect Seasonal Hiring
Even though merchants are gearing up for the additional hiring of seasonal employees this holiday, a new report has found that “shaky” consumer confidence and an increased in efficiencies in the retail space could prevent seasonal hiring from hitting the great heights it did in 2012.
Merchants Get Creative for Back-to-School
Merchants are in the midst of the back-to-school rush and are finding various ways to promote this busy time of the year.
Lids Makes Omnichannel Deal With Macy’s
Macy’s Inc. and LIDS Sports Group, a subsidiary of Genesco Inc., announced each have signed an agreement to open a licensed team merchandise department in Macy’s stores and online, according to a press release.
J.C. Penney Sees Online Growth for Back-to-School
What a difference a year makes. J.C. Penney, which faced customer backlash, slumping sales, and the stepping down of CEO Ron Johnson, has now become one of the top online shopping destinations for back-to-school sales.