Claire’s Deal Raises Questions About Macy’s Overreliance On Partnerships [Forbes]
Macy's Inc (M)
Last macy's inc earnings: 2/25 06:55 am
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Source: Forbes
Macy’s has been pursuing opportunities to grow its business through store-within-a-store partnerships and in its latest alliance is teaming up with Claire’s to open shops inside 21 Macy’s stores, including eight flagship locations.Claire’s, known as a destination point for many tweens and teens looking to get their ears pierced, sells jewelry, clothing, beauty products and other items in demand by its core customers.AP Photo/Seth WenigCopyright 2018 The Associated Press. All rights reserved.The Claire’s deal follows theannouncementIn anonline discussionRetailWire“We are well aware that Macy’s has been losing its appeal, but implementing the store-within-a-store concept will help them cater to the needs of different audiences,” wroteAnil Patel“Claire’s is a favorite destination for tweens and teens, adding locations inside Macy’s will give the retailer more exposure,” wroteGeorganne BenderMORE FOR YOU$100M Magic: Why Bruno Mars And Other Stars Are Ditching Their ManagersWhy We Need Equ
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News
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- Macy's slashes job pledge, ups investment for $640M Rowan County distribution center [Yahoo! Finance]Yahoo! Finance
- Romance scammers turn victims into "money mules," creating a legal minefield for investigators [CBS News]CBS News
- I was happy in the UK and dead against moving to New York. When my partner was made redundant, it felt like our only option. [Business Insider]Business Insider
M
Earnings
- 2/27/24 - Beat
M
Sec Filings
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- 4/19/24 - Form 3
- M's page on the SEC website