Celebrities, designers court Macys for exclusive lines Sep 1, 2009
The figure is likely to grow, said Dan Hess, CEO of in New York and a former director of marketing at Macy s. As merchants consolidate and close locations consider that Macy s acquired its largest rival, May Department Stores, in 2005 the biggest names in apparel are finding fewer customers with whom to negotiate deals. These brands have about half as many potential locations to place their merchandise in the United States as they did as little as five years ago, Hess said. (Cincinnati Business Courier, OH)
Macy's cut print ad spend since 2005 Jul 8, 2009
Cincinnati-based Macy s and the former May Department Stores Co., which was later purchased by Macy s, combined to spend $1. 2 billion in 2005 on newspaper advertising. (Dayton Business Journal, OH)
Regence Adds New, Diverse Talent to Board of Directors Jul 1, 2009
Michael Koppel is executive vice president and chief financial officer for Nordstrom, Inc. Before joining Nordstrom, he held leadership positions in the retail industry at companies such as CML Group, Lids Corporation and May Department Stores. Koppel serves on the board of Big Brothers Big Sisters of King County. (PR Newswire)
Looking Forward: Higher Education Grows as a Key to CEO Success in Fashion Retailing Jun 30, 2009
The top leaders at that time were: Federated Department Stores, May Department Stores Company, Allied Stores, J.C. Penney and Company, Sears Roebuck and Company, and The Gap. These recruiting programs produced many of the CEOs of today's most successful retailers. (Yahoo News -- Press Releases)
Nordstrom Beats Saks and Macy's in Recession Race to Clear Clothing Racks Apr 8, 2009
Macys figures arent comparable on that basis because the company bought May Department Stores Co. in 2005, while Saks sold its mid-priced chains. Nordstroms control over inventories has been remarkable, said , a retail analyst with Gilford Securities in Melville, New York. (Bloomberg -- US)
W. Paul Jones Named Shopko's New CEO Mar 26, 2009
His prior employers have included May Department Stores, Kohl's and Sears. Since joining Shopko, Jones has successfully implemented an entirely new merchandising strategy based on differentiated brands and strong promotional values. (Yahoo! Wire -- Entertainment News)
Cincinnati corporations racking up writedowns Mar 4, 2009
In addition to the $161 million in fourth-quarter impairment charges announced by , the company told investors that it s still evaluating a charge for goodwill impairment related to its 2005 acquisition of the May Department Stores Co. It currently estimates that the amount of goodwill to be written down in the fourth quarter of 2008 is between $4 ... The intelligent investor already knew that Macy s overpaid (for the May Department Stores chain) and they re not going to realize the extra... (Cincinnati Business Courier, OH)
Two chains stand out as other big U.S. retailers report big profit declines Feb 26, 2009
They did not, however, include charges related to the company's acquisition in 2005 of May Department Stores. Macy's is still determining what that charge will be but estimated it would write down $4. (International Herald Tribune -- Business)
Economy takes toll on U.S. retailers Feb 25, 2009
They do not, however, include charges related to the company's 2005 acquisition of May Department Stores. Macy's is still determining what exactly that charge will be but has estimated that it will write down $4. (International Herald Tribune -- Business)
Eddie Bauer Announces Hiring of Vice President, Real Estate and Asset Management Feb 18, 2009
His career also includes the position of General Manager for Robinsons May department stores and multiple buying positions for Carter Hawley Hale, also a department store group. Ann Perinchief, Senior Vice President, Retail Operations commented, "I am thrilled to welcome Vic to Eddie Bauer. He is highly accomplished, with exceptional skills and experience that will have an immediate impact for Eddie Bauer. I look forward to leveraging the depth and breadth of his experience to help our brand... (PR Newswire)
