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5 Dec

JLo Beauty Enters Macy’s – WWD

JLo Beauty Enters Macy’s – WWD
Macy’s beauty offering now includes Jennifer Lopez’s JLo Beauty. “I’m so excited that JLo Beauty will likely be available at Macy’s,” Lopez said in a press release. “JLo Beauty empowers women with transformative, clinically proven formulas that deliver an inner and outer glow at any age. Macy’s — with its wide and diverse reach — is a super partner for us in our quest to bring more people our high performance skincare and body products, proving beauty has no expiration date.” Launched in 2021, Lopez unleashes the “secret” to her glow for all ages with JLo Beauty. Her first eight releases were two moisturizers, a cleanser, face mask, eye cream, two serums and dietary supplements formulated with ingredients like squalane, fermented oil, extra virgin...
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1 Dec

Macy’s Unveils Elevated Beauty Strategy in Miami Dadeland Store

Macy’s Unveils Elevated Beauty Strategy in Miami Dadeland Store
Macy’s Inc. is getting in on the luxurious beauty boom — specifically within the Miami market. The retailer is debuting its elevated beauty concept in its Dadeland store, which can include revamped shop designs, virtual try-on technologies, three rest rooms and three branded treatment rooms offering a slew of services. Brands including La Mer, Dior and Clarins might be bringing dedicated aestheticians. The department store is inaugurating the space with a ribbon-cutting event on Saturday. Participating brands include legacy names La Mer, Jo Malone, Gucci Beauty, Yves Saint Laurent Beauté, Armani Beauty and Valentino Beauty. Sunday Riley can be debuting a latest shop, and Kylie Cosmetics may also be entering the Dadeland door. “The buyer is resonating with the brands, they love beauty, they love...
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16 Nov

Macy’s Profits Top Expectations Despite Decline

Macy’s Profits Top Expectations Despite Decline
Shares of Macy’s Inc. shot up 12.4 percent to $14.17 in premarket trading on Thursday because the retailer showed some unexpected strength on the underside line because it navigated a troublesome sales environment.   The corporate’s adjusted earnings per share fell to 21 cents within the third quarter from 52 cents a yr earlier, but that was well ahead of the breakeven performance analysts had penciled in, based on FactSet.  Net income fell 60 percent to $43 million, or 15 cents a diluted share, from $108 million, or 39 cents, a yr earlier. Revenues for the three months ended Oct. 28 decreased 7.8 percent to $5 billion from $5.5 billion a yr earlier.   Jeff Gennette, chairman and chief executive officer of Macy’s, said: “We delivered...
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19 Sep

Macy’s Inc. Seeks 38,000 Seasonal Employees

Macy’s Profits Top Expectations Despite Decline
Macy’s Inc. is looking for fewer seasonal employees for the upcoming holiday season than it brought on board last yr. The retailer said it plans to rent for greater than 38,000 full- and part-time seasonal positions this upcoming holiday season at its Macy’s, Bloomingdale’s and Bluemercury stores, in addition to its distribution centers. In 2022, Macy’s Inc. hired roughly 41,000 seasonal holiday positions. Within the announcement Monday, Macy’s characterised this yr’s variety of seasonal positions as “consistent with open positions in 2022.” But retailers could be expected to be hiring fewer people this yr for several reasons. First, they've modest expectations for sales during holiday 2023, seen starting from single-digit declines to single-digit gains, depending on the retailer. Second, labor costs are going...
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