Macy's, Inc.

Upbound Group, Inc. Announces New Independent Director Molly Langenstein

Retrieved on:

Friday, April 5, 2024

Retail, Home Goods, Specialty, Other Retail, Omnichannel, The Company, Molly, Sycamore Partners, Macy's, Inc., Kent State University

Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center® and Acima®, today announced that, effective April 1, 2024, Ms. Molly Langenstein has been appointed to the Upbound Board of Directors (the “Board”) as a new independent director.

Key Points:

Upbound Group, Inc. (the "Company" or "Upbound") (NASDAQ: UPBD), a leading provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center® and Acima®, today announced that, effective April 1, 2024, Ms. Molly Langenstein has been appointed to the Upbound Board of Directors (the “Board”) as a new independent director.
Ms. Langenstein is a 30-year retail industry veteran with a proven track record of building multiple successful brands.
Ms. Langenstein joined Chico’s in August 2019 as the company’s President, Apparel Group.
Ms. Langenstein served as Executive Vice President of Private Brands for Men’s and Children’s Wear at Macy’s Private Brands from 2013 to 2014.

Military Families Less Likely to Recommend Service: Blue Star Families 2023 Military Family Lifestyle Survey

Retrieved on:

Tuesday, March 12, 2024

Research, Health, National Guard, Syracuse University, Child care, Unemployment, Food, CNN, Macy's, Inc., IVMF, Reserve, CSX, Quality of life, Housing, Grumman, Education minister, Navy, Nursing

WASHINGTON, March 12, 2024 /PRNewswire/ -- Blue Star Families, a national non-profit that provides community support and resources to military families, released the findings of its 2023 Military Family Lifestyle Survey today. The survey received over 7,400 responses from active-duty, National Guard and Reserve service members, Veterans, and their family members. It focused on key issues that impact military and Veteran families, including health care access, mental health care, spouse employment, recruitment, and transition out of the military.

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WASHINGTON, March 12, 2024 /PRNewswire/ -- Blue Star Families , a national non-profit that provides community support and resources to military families, released the findings of its 2023 Military Family Lifestyle Survey today.
It focused on key issues that impact military and Veteran families, including health care access, mental health care, spouse employment, recruitment, and transition out of the military.
The likelihood of military families recommending military service has dropped by nearly half since 2016, from 55% to 32%.
The Blue Star Families Military Family Lifestyle survey was conducted from May 24 — July 17, 2023, in collaboration with Syracuse University's D'Aniello Institute for Veterans and Military Families (IVMF).

Comprehensive Analysis of Macy's Digital Transformation and Tech-Driven Retail Strategies - ResearchAndMarkets.com

Retrieved on:

Tuesday, February 6, 2024

Online Retail, Retail, Department Stores, Cloud, Macy's, Inc., Digital transformation, Knowledge, Research report, Google Cloud, Cloud computing, Macy's, Inc.

The "Macy's Inc - Digital Transformation Strategies" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Macy's Inc - Digital Transformation Strategies" report has been added to ResearchAndMarkets.com's offering.
The retail landscape is witnessing a seismic shift with established players like Macy's Inc reimagining their operations through cutting-edge digital transformation strategies.
The future of retail is intricately tied to an omnichannel approach, and Macy's has been at the forefront of this evolution.
With a clear emphasis on digital pathways, Macy's ensures that customer journeys are seamless and enriched with personalization.

Retail Industry Leader Emmanuel Kolady Named Trustee of the Committee for Economic Development of The Conference Board

Retrieved on:

Wednesday, January 31, 2024

WESTCHESTER, Ill., Jan. 31, 2024 /PRNewswire/ -- Emmanuel Kolady, CEO of Follett Higher Education, has been named a Trustee of the Committee for Economic Development (CED), the public policy center of The Conference Board, a highly-respected nonpartisan think tank that brings together business leaders to identify solutions that foster economic growth and equal opportunity for all Americans. As Trustee, Kolady has been asked to leverage his decades of retail industry expertise and deep insights into the higher education landscape by serving on CED's Education Committee and its Workforce Committee.

Key Points:

As Trustee, Kolady has been asked to leverage his decades of retail industry expertise and deep insights into the higher education landscape by serving on CED's Education Committee and its Workforce Committee.
Kolady brings significant industry expertise, having held past leadership roles at CVS Health and Macy's before joining Follett in 2022.
As the public policy center of The Conference Board, CED convenes leaders across industries, educational institutions, and the public sector to promote sustained economic growth and development benefitting all Americans.
For more information about The Conference Board, visit www.ConferenceBoard.org or www.ced.org .

Macy's Annual Holiday Fundraising Campaign Raises & Directs $4.7 Million to Support Big Brothers Big Sisters and Mentorship Across the Country

Retrieved on:

Monday, January 22, 2024

NBC, BBBSA, Parade, Mentorship, Macy's, Inc., Corporate communication, Collection, Partnership, Big Brothers Big Sisters, Macy's, Workplace, BBBS, Head, The Littles, IABG, Organization, Christmas tree, Department store

TAMPA, Fla. and NEW YORK, Jan. 22, 2024 /PRNewswire/ -- Big Brothers Big Sisters (BBBS), the nation's preeminent one-to-one youth mentoring organization, is thrilled to announce fundraising results from Macy's 2023 holiday campaign and grant awards. Through the company's social purpose platform, Mission Every One, which is committed to creating brighter futures with bold representation for all, Macy's customers raised $4.3 million alongside $400k in grants provided by Macy's to help create life-changing mentoring experiences. The campaign marked the second year of a multi-year partnership between BBBS and Macy's.

Key Points:

The campaign marked the second year of a multi-year partnership between BBBS and Macy's.
Throughout November and December 2023, Macy's customers donated online at macys.com and by rounding up in-store.
The campaign engaged all 230+ Big Brothers Big Sisters agencies, reaching more than 5,000 communities in all 50 states.
"Our annual holiday campaign, with the support of Macy's employees and customers, will allow us to continue empowering young people to reach their full potential."

Creditsafe Releases Financial & Bankruptcy Outlook for U.S. Retailers

Retrieved on:

Monday, December 4, 2023

ALLENTOWN, Pa., Dec. 4, 2023 /PRNewswire/ -- Amid rising inflation, a cost-of-living crisis and a steep decline in consumer spending, many retailers are calling for flat to declining sales this year. So, retail bankruptcies have become more common in recent years with the likes of Serta Simmons Bedding, Neiman Marcus Group and JCPenney filing for Chapter 11. Today, Creditsafe released its Financial & Bankruptcy Outlook: Retail report, which examines how financial planning, cash flow management and Accounts Payable management have affected the financial health of U.S. retailers.

Key Points:

Today, Creditsafe released its Financial & Bankruptcy Outlook: Retail report , which examines how financial planning, cash flow management and Accounts Payable management have affected the financial health of U.S. retailers.
The data included in the report was gathered from multiple sources, including financial earnings reports released by the retailers, filings with the U.S. Securities and Exchange Commission and the Creditsafe credit risk and intelligence platform.
The retailer has one of the lowest Days Beyond Terms (DBT) scores out of the retailers examined in the report.
Understanding what factors influence a company's financial health is critical as retailers face hard times ahead and consumer spending continues to decline."

Big Lots Appoints Off-Price Retail Veterans to Leadership Team

Retrieved on:

Thursday, November 30, 2023

Record, NYSE, Senior, Overstock.com, Macy's, Culture, Merchandising, EVP, Retirement, SVP, Macy's, Inc., LW Stores, Sears Holdings, Big Lots, Hilco Global, Retail, Management

COLUMBUS, Ohio, Nov. 30, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, today announced the appointment of two new leaders to fill roles on its senior leadership team. Experienced stores leader Kristen Cox is joining Big Lots as SVP, Chief Stores Officer, and closeout merchandising leader Seth Marks is joining the company in the newly formed role of SVP, Extreme Value Sourcing, focused on procuring outstanding products at exceptional values through unique closeout opportunities. Both Cox and Marks will begin in their roles on Dec. 4, 2023.

Key Points:

(NYSE: BIG), one of America's largest home discount retailers, today announced the appointment of two new leaders to fill roles on its senior leadership team.
"I'll never forget purchasing a dinnerware set, outdoor table, and other items from Big Lots for my first college apartment.
Marks first served as Vice President, Merchandising at Big Lots from 2004 to 2007, when Big Lots was the clear market leader in broadline closeout retail, and is returning to the company with a wealth of additional off-price retail experience, including liquidation, closeout, and alternative sourcing relationships.
"I am excited to rejoin Big Lots and build on its exceptional history of creating off-price value for its customers," Marks said.

HOUSING WORKS ANNOUNCES 20th ANNUAL "FASHION FOR ACTION" BENEFIT A FOUR-DAY DESIGNER SHOPPING EVENT IN-STORE & ONLINE SHOWCASING FASHION SUSTAINABILITY

Retrieved on:

Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Housing Works, a NYC non-profit organization that provides advocacy, support and lifesaving services to those impacted by homelessness and HIV/AIDS, will hold its 20th annual Fashion for Action fundraiser November 8-11, 2023. The 2023 event, dubbed (RE)Fashion for Action, will focus on sustainability by working with the fashion community to realize their goals through charitable donations that reduce waste while providing a positive impact on the environment and the community. The highly anticipated multi-day event kicks off on November 8, with an opening reception, followed by four-days of shopping featuring VIP and general admission ticketing options. The sale is free and open to the public November 9-11. The Housing Works Thrift Shop flagship location in Chelsea will host the in-store portion of the event with online shopping at the Housing Works eShop (https://eshop.housingworks.org/). All sale proceeds benefit Housing Works.

Key Points:

The highly anticipated multi-day event kicks off on November 8, with an opening reception, followed by four-days of shopping featuring VIP and general admission ticketing options.
The Housing Works Thrift Shop flagship location in Chelsea will host the in-store portion of the event with online shopping at the Housing Works eShop ( https://eshop.housingworks.org/ ).
HOUSING WORKS’ HOSTS ANNUAL “FASHION FOR ACTION” BENEFIT, A DESIGNER SHOPPING EVENT SHOWCASING FASHION SUSTAINABILITY
(RE)Fashion For Action will showcase an extraordinary array of brand-new designer merchandise marked 50-80% off retail prices, donated by the most recognized names in fashion as well as one-of-a-kind pieces from our favorite style icons, celebrities, and influencers.
Proceeds from (RE)Fashion for Action support Housing Works' ongoing advocacy and integrated services including trailblazing work to address HIV/AIDS and homelessness.

BLUEMERCURY EXPANDS PROPRIETARY BRANDS PORTFOLIO WITH THE LAUNCH OF CERULEAN 6°

Retrieved on:

Monday, September 18, 2023

Constellation, Mineral, Vitamin E, Nutrient, Bluemercury, Candle, Macy's, Inc., Vitamin, Cerulean, Collection, Sunflower oil, Spirulina, Internal, Skin, Cosmetics, Perfume

NEW YORK, Sept. 18, 2023 /PRNewswire/ -- Bluemercury, a leading destination for luxury beauty and nameplate of Macy's, Inc, recently announced the expansion of its proprietary brands portfolio and its launch into a new category with the introduction of its first bath, body and home fragrance line, Cerulean 6°.

Key Points:

Created for those with the highest standards for bath, body and home fragrance experiences, Cerulean 6° elevates everyday rituals and stimulates the senses through its highly curated assortment of fragrance-led products.
"Internal innovation has always been an important element of our business, allowing us to build brands that deliver solutions based on direct feedback from our clients, and Cerulean 6° is no different as it addresses an expressed desire for luxe essentials in the bath, body and home fragrance category," said Julie Kelly, Head of Proprietary Brands at Bluemercury.
"Cerulean 6° was developed for the client seeking exquisite experiential fragrance-led products at an approachable price point, and to make everyday moments feel more extraordinary."
): Developed with essential fragrance oils, a custom blend of soy waxes and wicks constructed with natural fibers to elevate your space.

COLUMBIA BUSINESS SCHOOL'S DEMING CENTER AWARDS 2023 DEMING CUP TO MICHELE BUCK AND BRIAN CORNELL

Retrieved on:

Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Columbia Business School's W. Edwards Deming Center for Quality, Productivity, and Competitiveness announced that Michele Buck, chair, president and CEO of The Hershey Company, and Brian Cornell, chair and CEO of Target, will receive its 2023 Deming Cup for Operational Excellence at a ceremony at Columbia University's Low Library Rotunda on October 24, 2023. Awarded annually since 2010, the Deming Cup recognizes leaders for operational excellence and for fostering a culture of continuous improvement within their organizations.

Key Points:

Awarded annually since 2010, the Deming Cup recognizes leaders for operational excellence and for fostering a culture of continuous improvement within their organizations.
"The Deming Cup is a special annual event where we recognize excellence and leadership," said Columbia Business School Dean and David and Lyn Silfen Professor of Business, Costis Maglaras .
Deming Cup awardees have been global leaders, innovators and disrupters, representing both public and private sectors.
"The Deming Center commends Michele Buck and Brian Cornell for their strategic and operational leadership, transformative business growth, and investment in their people and culture," said Columbia Business School Professor Nelson Fraiman , director of the W. Edwards Deming Center.