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Macy's continues search for the perfect fit (from Corporate Dealmaker)

Macy's Inc. reported a first-quarter loss of $88 million compared to a loss of $59 million a year earlier. With consumers still spending cautiously, sales were off 9.5%. The results reflect the gloomy retail environment, but also show that four years after paying $18 billion for rival May Department Stores...

Posted on May 13, 2009 4:34 PM

Bold moves by Macy's Lundgren (from Corporate Dealmaker)

It's a brutal market for department stores, but that hasn't stopped Macy's Inc. chief executive Terry Lundgren from pursuing a medley of growth strategies. The latest, to launch on Tuesday, is an alliance with the Tommy Hilfiger Group, in which Macy's will become the only U.S. department store to sell...

Posted on September 8, 2008 9:37 AM