Macy’s Welcomes Retail Veteran Dayna Ziegler as Senior Vice President, General Merchandise Manager – Ready to Wear
Macy's has announced the appointment of Dayna Ziegler as Senior Vice President, General Merchandise Manager for Ready-to-Wear, effective March 2, 2026. Ziegler brings extensive experience from other department stores and specialty retail, including senior buying leadership roles at Saks Global, Saks Fifth Avenue, and Neiman Marcus. In her new role, she will focus on curating customer-centric assortments and strengthening Macy's brand portfolio.
Pittsburgh Mills owner acquires Macy’s store marked for closure
The owner of Pittsburgh Mills mall, Namdar Realty Group, has acquired the Macy’s store property within the mall for $2 million. This acquisition follows Macy's announcement to close 150 stores, including this location, and comes as Namdar Realty Group is quietly seeking a buyer for the entire mall property which faces significant fines for code violations. Macy's closure will make shoppers drive to other locations or use online options.
Here's Why Macy's (M) Fell More Than Broader Market
Macy's (M) shares dropped 3.34% to $22.01, underperforming the broader S&P 500. Analysts project a decrease in the company's upcoming EPS by 13.89% to $1.55 and revenue by 3.14% to $7.52 billion for the quarter. Despite recent gains, Macy's carries a Zacks Rank of #3 (Hold) and is currently undervalued compared to its industry peers.
Macy s (NYSE: M) revamps metrics as go-forward revenue returns to growth
Macy's, Inc. (NYSE: M) is updating its financial disclosure metrics to better reflect its "Bold New Chapter" strategy, focusing on its go-forward business. The company will emphasize new metrics such as comparable sales and dollar sales on an owned + licensed + marketplace (OLM) basis, and go-forward total revenue, while also revising non-GAAP definitions. These changes indicate improving financial trends for the company's core operations, with go-forward comparable OLM sales and total revenue shifting from declines to growth by Q3 2025 year-to-date.
Citigroup Maintains Neutral on M Macy’s, Inc. Feb 18, 2026
Citigroup maintained a Neutral rating for Macy’s, Inc. (M) on February 18, 2026, while adding an "upside 30-day catalyst watch" ahead of the company's upcoming earnings report. This indicates cautious optimism for short-term gains, but no new price target or change in the fundamental rating was issued. Meyka AI gives Macy's a "B" grade, reflecting a balanced outlook when compared to peers.
Macy’s is drawing on events like the Thanksgiving Day Parade to grow its creator program
Macy's is expanding its "Style Crew" influencer program in 2026, aiming to grow from 600 to 1,000 members and integrate them more deeply into broader marketing efforts. The expansion includes increased in-person programming and campaigns tied to major events like the Thanksgiving Day Parade and Fourth of July Fireworks. This initiative supports Macy's "Bold New Chapter" strategy, leveraging creators to drive website traffic, boost sales, and connect with new customers amidst a challenging retail landscape.
Macy's (M) Rises Higher Than Market: Key Facts
Macy's (M) stock rose by 2.82% in the latest trading session, outperforming the S&P 500, Dow, and Nasdaq. The company is projected to report a year-over-year decline in earnings and revenue for its upcoming financial release. Despite this, Macy's holds a Zacks Rank of #3 (Hold) and appears to be trading at a discount compared to its industry.
Macy's, Inc. $M Shares Acquired by LSV Asset Management
LSV Asset Management increased its stake in Macy's by 12.2% in Q3, now owning 4,760,204 shares valued at $85.35 million. Macy's surpassed Q3 earnings expectations and provided FY2025 guidance, although analysts maintain a "Reduce" rating with a $20.50 price target. This comes amidst an insider selling a significant portion of their shares while institutional investors and hedge funds hold a large percentage of the stock.
Macy's Inc (M) Shares Up 2.91% on Feb 11
Macy's Inc (M) shares saw a 2.91% increase on February 11, reaching an intraday high of $21.82 before closing at $21.60. This places the stock 11.51% below its 52-week high and 121.31% above its 52-week low. Analyst forecasts suggest an average target price of $21.76, implying a slight upside, while GuruFocus estimates a potential downside of 32.69% based on its GF Value of $14.54.
Warby Parker taps Macy’s vet as CFO
Warby Parker has appointed Adrian Mitchell, formerly COO and CFO of Macy’s, Inc., as its new chief financial officer. Mitchell brings over two decades of experience from consumer brands like Arhaus and Crate & Barrel, and will also assume the roles of principal accounting and financial officer. This appointment comes as Warby Parker focuses on enhancing its virtual tech offerings and expanding its brick-and-mortar presence, with strong revenue and profit growth reported in its latest quarter.
Macy's (M) Stock Falls Amid Market Uptick: What Investors Need to Know
Macy's stock (M) experienced a 5.33% decline, closing at $21.49, despite a general market uptick for the S&P 500, Dow, and Nasdaq. The company has underperformed its sector and the broader market over the past month. Analysts anticipate a decline in Macy's upcoming earnings and revenue, with expectations of $1.55 EPS and $7.52 billion in revenue, representing year-over-year decreases.
Macy's, Inc. (NYSE:M) Given Consensus Recommendation of "Reduce" by Analysts
Fifteen research firms have issued a "Reduce" consensus recommendation for Macy's, Inc. (NYSE:M), with an average 12-month price target of $20.50, below its current share price of $22.72. This includes two "sell" ratings, twelve "hold" ratings, and one "buy" rating. Insider activity shows EVP Danielle L. Kirgan recently sold 85,000 shares, decreasing her stake by over 62%, while the company reported better-than-expected earnings for the last quarter but lower FY2025 EPS guidance compared to analyst forecasts.
Macy's Inc (M) Stock Price Up 3.75% on Feb 2
Macy's Inc (M) stock price increased by 3.75% on February 2nd, reaching an intraday high of $20.86 and closing at $20.77. This places the stock 14.91% below its 52-week high and 112.81% above its 52-week low. Analyst forecasts show an average target price of $21.76, implying a 4.75% upside, though GuruFocus estimates a GF Value of $14.54, suggesting a potential 30% downside.
Retirement Systems of Alabama Sells 458,790 Shares of Macy's, Inc. $M
Retirement Systems of Alabama significantly reduced its stake in Macy's, Inc. by 58.3% in the third quarter, selling 458,790 shares. The fund now holds 328,307 shares, valued at approximately $5.89 million. Macy's recently beat quarterly earnings expectations and provided a positive FY2025 guidance, yet analysts generally rate the stock as "Hold."
Macy’s Is Selling 'Comfortable' Knee-High Boots for 52% Off, and They're 'Perfect' for Any Occasion
Macy's is offering a significant discount of 52% on their I.N.C. International Concepts Mckenna Pointy Toe Boots, now priced at $48. These knee-high boots are described as comfortable, stylish, and versatile, available in red or black and a wide range of sizes including wide and extra wide calf options. Shoppers praise their comfort, even for extended wear, and their suitability for various occasions.
'Everything must go sales' enter final wave as retail legend closing 14 stores in total mall shutdown
Macy's is proceeding with its "Bold New Chapter" turnaround strategy, which includes closing 14 mall locations by April 2026. These closures are accompanied by "everything must go" liquidation sales offering significant discounts. This move is part of a larger plan to shutter 150 underperforming stores and invest in remaining locations and luxury brands, as the "retail apocalypse" continues to impact brick-and-mortar stores.
Macy's Bold New Chapter Execution Accelerates Enterprise-Wide Recovery
Macy's is showing an accelerated recovery due to its "Bold New Chapter" strategy, focusing on strengthening its core brand, scaling luxury, and modernizing operations. This strategy led to a 3.2% comparable sales increase in Q3 2025, the strongest in 13 quarters, with both Macy's and its luxury banners like Bloomingdale's and Bluemercury performing well. Operational improvements, including supply-chain automation and cost control, have further boosted efficiency and margins, positioning Macy's for long-term competitive strength.
Universal Beteiligungs und Servicegesellschaft mbH Has $2.94 Million Stake in Macy's, Inc. $M
Universal Beteiligungs und Servicegesellschaft mbH significantly reduced its stake in Macy's, Inc. by 44.6% in the third quarter, now holding 164,153 shares valued at approximately $2.94 million. This move comes as Macy's exceeded earnings expectations and provided a positive FY2025 guidance, leading several analysts to raise price targets despite a consensus "Hold" rating. Additionally, a Macy's EVP sold a substantial portion of her shares, further highlighting insider activity.
66,501 Shares in Macy's, Inc. $M Bought by SummerHaven Investment Management LLC
SummerHaven Investment Management LLC has acquired 66,501 shares of Macy's, Inc. (NYSE:M), establishing a new position valued at approximately $1.19 million, making it the fund's 8th largest holding. This comes as Macy's beat Q3 earnings expectations, reporting $0.09 EPS on $4.91 billion revenue, despite an EVP selling a significant portion of her shares. Research analysts currently hold a "Hold" consensus rating on Macy's with a price target of $20.50.
Mitsubishi UFJ Trust & Banking Corp Sells 85,870 Shares of Macy's, Inc. $M
Mitsubishi UFJ Trust & Banking Corp significantly reduced its stake in Macy's, Inc. by selling 85,870 shares in Q3, bringing its total ownership to 0.28% of the company. This institutional sell-off was mirrored by an insider sale by EVP Danielle L. Kirgan, who reduced her holdings by over 62%. Despite these sales, Macy's recently reported better-than-expected quarterly earnings and provided a positive FY2025 guidance, though analysts generally maintain a "Hold" rating on the stock with an average price target of $20.50.
Macy’s 2025 Holiday Campaign Results are in!
Macy's 2025 holiday campaign, in partnership with Big Brothers Big Sisters, successfully raised over $3.1 million, supporting mentoring opportunities nationwide. This significant contribution, gathered through customer round-ups, online donations, and special holiday merchandise, builds on a partnership that has raised more than $16 million since 2022. The campaign also included unique experiences for Bigs and Littles, such as participation in the Macy's Thanksgiving Day Parade and special Santa tour stops.
Y Intercept Hong Kong Ltd Buys Shares of 184,435 Macy's, Inc. $M
Y Intercept Hong Kong Ltd recently acquired 184,435 shares of Macy's, Inc. worth approximately $3.31 million, establishing about a 0.07% stake in the company. This comes as Macy's reported better-than-expected quarterly earnings and provided FY2025 guidance. Institutional investors now own about 87.36% of Macy's stock, while insider transactions show an executive sold 85,000 shares.
Nike To Slash Over 700 US Distribution Jobs Amid Automation Push: Report - Macy's (NYSE:M), Nike (NYSE:NKE)
Nike Inc. is reportedly laying off 775 employees at its U.S. distribution centers in Tennessee and Mississippi as part of a push towards automation and enhanced profitability. These cuts follow 1,000 corporate job reductions last summer and align with broader retail industry restructuring, including similar actions by Macy's Inc. CEO Elliott Hill is spearheading a revamp to address sluggish sales and declining margins, though the recovery timeline remains uncertain.
Massachusetts Macy’s Store Valuation Reduced by State Tax Board
A Macy's Inc. subsidiary has been granted a $181,000 property tax abatement by the Massachusetts Appellate Tax Board. The board ruled that the town of Burlington, Mass., overvalued the Macy's store for three tax years, from 2020 to 2022. The store's value was reduced from original assessments of $24.1 million and $22.6 million to $21.3 million.
Macy’s rolls out ad server and mediation tech to boost media network
Macy's is implementing new ad server and mediation technology from Pentaleap to enhance its media network, Macy's Media Network, which includes Macy’s and Bloomingdale’s. This technology aims to deliver more relevant ads, simplify ad execution for brands, and enable programmatic-style buying, ultimately improving performance and expanding demand sources. Michael Krans, VP retail media at Macy’s, Inc., stated that this initiative focuses on providing value to both shoppers and brand partners through a more open and flexible retail media ecosystem.
One NY store included in Macy’s nationwide shutdown plan
Macy's is closing its Amherst, New York, store as part of a larger strategy to reduce its national footprint and focus on long-term growth. This Amherst location is the sole New York store affected in this round of 14 nationwide closures. Despite recent sales momentum and reported progress in its "Bold New Chapter" strategy, Macy's aims to reinvest in its remaining stores and digital capabilities.
How Macy’s is flexing its Style Crew affiliate program beyond social media
Macy's is expanding its Style Crew affiliate marketing program beyond social media, aiming to grow its influencer base from over 600 to 1,000 members. The department store is testing in-person events and direct mailers featuring Style Crew picks, alongside digital initiatives like creator storefronts and increased commission rates. This strategic evolution of the program is part of Macy's broader turnaround efforts and focuses on driving new customer consideration by blending digital and physical experiences.
Macy's To Lay Off Over 1,000 Workers, Close Connecticut Facilities: Report
Macy's is set to lay off over 1,000 employees and close facilities in South Windsor and Cheshire, Connecticut, as part of its efforts to streamline operations. The closures begin in March 2026, with the majority of layoffs at the Cheshire location affecting various roles. This decision reflects Macy's "Bold New Chapter" turnaround plan, adapting to the evolving retail landscape and focusing on improved financial performance, despite strong Q3 sales and a 45.27% stock surge over the past year.
Macy’s Makes Mass Layoff Announcement
Macy's Inc. announced it will close a fulfillment and distribution center in Connecticut, resulting in the layoff of 1,050 employees. This move is part of the company's continuous effort to modernize its supply chain and simplify operations, following a similar pattern of store closures in previous years. The layoffs are scheduled to commence in mid-March and continue through August, with affected employees offered benefits, severance, and potential transfer opportunities.
More than 1,000 workers to be laid off from Macy's warehouses in Connecticut
Macy's announced it will close two warehouses in Connecticut, resulting in over 1,000 layoffs. The closures, affecting South Windsor and Cheshire facilities, are part of the company's strategy to modernize its supply chain and simplify operations. Affected employees will receive support, including potential transfer opportunities and severance packages.
A Look At Macy's (M) Valuation As Bold New Chapter And Saks Fallout Reshape Expectations
Macy's (M) stock is under investor scrutiny due to its "Bold New Chapter" restructuring, positive analyst actions, and potential market share gains following Saks Global's bankruptcy. Despite mixed recent performance, Macy's shows stronger long-term momentum with a 20.91% 90-day return and 62.93% one-year return. The company is currently trading near its analyst target, with a 24% intrinsic value gap, suggesting it may be undervalued given its ongoing modernization efforts and positive earnings.
Dupree Financial Group LLC Has $14.53 Million Stake in Macy's, Inc. $M
Dupree Financial Group LLC significantly increased its stake in Macy's, Inc. by 54.5% in the third quarter, now holding 810,473 shares valued at approximately $14.53 million, making it their fifth largest holding. This move comes as Macy's topped EPS and revenue expectations for its recent quarter and offers a 3.4% dividend yield, despite mixed analyst ratings and an EVP's substantial stock sale. Institutional investors collectively own a significant portion of Macy's stock.
State of Alaska Department of Revenue Decreases Stock Position in Macy's, Inc. $M
The State of Alaska Department of Revenue significantly reduced its stake in Macy's, Inc. (NYSE:M) by 55.8% in Q3, selling over 102,000 shares and retaining 81,119 shares worth $1.454 million. Despite institutional selling and a "Hold" consensus rating from analysts, Macy's recently beat quarterly earnings expectations and announced a quarterly dividend. The company's stock currently trades around $21.74 with a yield of approximately 3.4%.
Why Macy’s Tony Spring thinks ‘the department store is here to stay’
Macy's CEO Tony Spring believes that department stores are not dying, despite recent bankruptcies like Saks Fifth Avenue's corporate owner. He argues that customers still enjoy multi-brand shopping and a good in-store experience, which Macy's is working to deliver through improved merchandising, staffing, and customer service. Spring's strategy includes closing underperforming stores, focusing investment on viable locations, and leveraging Macy's heritage events like the Thanksgiving Day Parade to drive sales and national unity.
Macy's closing 'underproductive' stores. Are any in Delaware? See list
Macy's is continuing its plan to close 150 "underproductive" stores by 2026, with an additional 14 locations set to close in 2026 after 66 closures in 2025. While many famous retail names have disappeared, Macy's is making these strategic adjustments to reinvest in its remaining 350 locations and digital capabilities. Fortunately for Delaware residents, none of the state's two Macy's stores are on the current list of closures.
Is Macy's closing stores in Arizona? What shoppers need to know
Macy's is continuing with its plan to close 150 "underproductive" stores, a strategy announced in February 2024. While 14 new locations have been announced for closure in 2026, none of them are in Arizona. One Macy's store in Mesa, Arizona, closed in January 2025, but six locations still remain operational in the state.
Here’s What the Wall Street Thinks About Macy’s, Inc (M)
Macy's Inc. (NYSE: M) stock has received varied opinions from Wall Street analysts, with Benchmark Co. reiterating a Buy rating and Evercore ISI maintaining a Hold rating while raising its price target. The company's fiscal Q3 2026 earnings showed revenue slightly down but exceeding estimates, driven by its "bold new chapter strategy." Despite robust quarterly results, Evercore ISI expressed disappointment with Macy's Q4 same-store sales target, expecting higher growth as the company rolls out its Reimagine 125 initiatives.
Macy's to close 'underproductive' stores. Are any in Ohio? Full list
Macy's will continue its plan to close 150 "underproductive" stores by 2026, with 14 more expected to shut down in 2026. While Ohio has 18 Macy's stores, none are on the recently announced list for 2026 closures. However, two Ohio locations did close in 2025 as part of the broader strategy.
Saks’ Downfall Is a Make-or-Break Moment for Macy’s
Saks Global Enterprises, which includes Saks Fifth Avenue and Neiman Marcus, filing for Chapter 11 bankruptcy presents a significant opportunity for Macy’s, particularly its Bloomingdale’s brand. With Saks' struggles, Macy's CEO Tony Spring can elevate Bloomingdale's into a premier luxury department store by attracting high-end brands and creating immersive experiences. This turn of events also offers a chance for Macy's to strengthen Bluemercury by capturing displaced beauty business from Saks, even as competition remains fierce.
UPDATED: Macy’s closing facilities in Cheshire, South Windsor; laying off more than 1,000
Macy's Inc. is permanently closing three facilities in Connecticut — two in Cheshire and one in South Windsor — leading to over 1,000 layoffs. This follows an earlier round of layoffs in October. The closures are scheduled for March 2026, with some maintenance staff remaining until April 2027 for decommissioning.
Tracy's West Valley Mall faces major blow with Macy's closure
Macy's is closing its Tracy, California location at West Valley Mall as part of its "Bold New Chapter" strategy, aiming to shut down 150 "underproductive locations" nationwide. This decision has caused sadness among local residents who consider Macy's a community staple, and highlights the broader trend of brick-and-mortar retail closures due to shifting consumer shopping habits towards online platforms. Local officials and experts acknowledge the challenges but also see this as an opportunity for Tracy to attract new businesses fitting current consumer demands.
Macy’s is closing 14 stores nationwide — including 5 in Northeast: Full list here
Macy’s is set to close 14 stores across the United States as part of its "Bold New Chapter" strategy, aiming to achieve sustainable and profitable sales growth. This follows dozens of closures in 2025, with plans to shut down approximately 150 underproductive stores over three years while investing in 350 key locations. Clearance sales will begin mid-January and last about 10 weeks, affecting five stores in the Northeast and others across the country.
Macy’s at West Valley Mall announces closure
Macy's at West Valley Mall in Tracy, CA, is closing after 15 years as an anchor store, one of 14 nationwide closures announced by the company. The closure is part of Macy's larger plan to shutter 150 underproductive stores over three years, with sales already underway at the West Valley Mall location. This news follows Macy's 2010 opening in the renovated space of the former Gottschalks department store, which received significant city and developer funding.
Macy's to close 2 California stores as part of strategic overhaul
Macy's will close two California stores, one in Tracy and one in La Mesa, as part of its "Bold New Chapter" strategy. This move is part of a larger plan to close 150 underperforming stores nationwide over three years, while investing in 350 "go-forward" locations to boost sales and customer satisfaction. The clearance sales at the closing stores are expected to begin in mid-January.
Macy’s Just Announced Store Closures in 12 States—With Closeout Sales About to Begin
Macy's, Inc. is closing 14 stores across 12 states as part of its "Bold New Chapter" strategy, aiming to reallocate capital towards higher-performing assets. The affected locations will begin clearance sales later this month, with liquidation continuing over the next 10 weeks. This move emphasizes a shift in focus to strengthen top-performing stores and simplify operations.
Macy’s to close two more locations in California
Macy's plans to close its La Mesa and Tracy stores in California, starting clearance sales in mid-January, as part of a larger strategy to reduce its national footprint by 30% by 2027. This move, affecting 14 locations nationwide, aims to strengthen remaining stores and expand luxury offerings. The closures reflect a broader trend in retail, with other major chains also downsizing their brick-and-mortar presence.
Another Macy’s-owned facility falls by wayside after string of shutdowns
Macy's is closing its Backstage operations at the South Windsor distribution center, resulting in 106 job losses between December 2025 and January 2026. This move is part of the company's broader restructuring efforts to streamline its supply chain and is concurrent with plans to shut down 150 stores by the end of 2026, with 14 locations closing by April 2026. Liquidation sales are expected to begin soon at the affected stores.
Macy’s announces store closures in 12 states — here’s a list of where and what to know
Macy's has announced it will close 150 "underproductive" stores across 12 states as part of its "A Bold New Chapter" strategy. Clearance sales are expected to begin in mid-January 2026 and run for approximately 10 weeks, with most closures occurring in the first quarter of 2026. This move follows Macy's Inc. reporting its strongest growth in over three years in the fiscal year's third quarter, indicating a strategic shift towards prioritizing investment in core stores.
Macy's apocalypse: 14 stores in 12 states will close as part of 'bold new chapter'
Macy's is closing 14 additional stores across 12 states as part of its "A Bold New Chapter" strategy, aiming to focus on more productive locations and enhance customer experience. This move is part of a larger plan announced in 2024 to close 150 stores by 2026. The closures, which include locations in California, New Jersey, New York, and Pennsylvania, are expected to finalize by March, with liquidation sales beginning mid-January.
Macy’s to close 14 stores nationwide, including one in New York
Macy's is closing 14 stores across the nation, including one location in Amherst, New York. This move is part of the company's "Bold New Chapter strategy" to optimize its store footprint and invest in future growth despite recent sales momentum. CEO Tony Spring noted the strategy is showing "measurable progress" with improved customer engagement.
