NEW YORK–(BUSINESS WIRE)– Macy’s, Inc. (NYSE: M) today announced that Jeff Gennette, chairman and chief executive officer, and Paula Price, chief financial officer, will participate in a virtual fireside chat to provide an update on the... — read more
M "Retail To Go" is the Wrong Pivot
No one needs another shirt the same way they want takeout. M would have better luck if they thought about their customers for once. I can think of several ideas that customers would appreciate: selling masks/protective gear, buy 1 give 1 to essential... — read more
Temp jobs?
Has anybody gotten a temp job since being furloughed? Is that legal?
Upcoming Conferences Macy’s 2020 Annual Meeting of Shareholders May 15, 2020 • 11:00am EDT
Thoughts: Any chance we will get some new quality leadership?
Texas has a great idea...Retail To Go!!!
AKA...BOPS Welcome USA to what we call BOPS here at Macy's As seen on 5NBCNEWS... As of Friday, retail stores across Texas were able to start offering “retail to go” after being closed to the public for several weeks. A customer would place... — read more
Is anyone privatly talking to management?
What are you hearing?
Bed Bath & Beyond extend furlough to May 16th
Workers were contacted by email and phone with a recorded message Has anyone heard from Macy's?
Any news on reopening of the southern states stores?? Meeting was at 9:30 today...
From earlier post: Florida is coordinating their reopening with other southern states. Recommendations are due out today. JG will be communicating the stores reopening plan to them. So based on this, does anyone know the plan??
Bluemercury maybe sold off
To raise capital
Macys restructure
This question is for any executives not furloughed, (not for the usual bitter employees who really have no info) Does anyone know if there will be another Restructure to save the company? Maybe eliminate the new regions?... combine some... — read more
Pension Question
If Macy's should go belly-up what effect does that have on existing May Co/Macy's pensions? Are they fully funded?
Poor Macy’s, maybe they will turn 34th street into something good
When 34th street closes I hope they sell the building to someone who won’t make it apartments or office space
Macy Gray to buy Macy’s
I say goodbye and I choke, I walk away and i stumble
Macy’s will be here for years to come!!!
It will be saved by William H Macy
Any news?
Do we know anything about stores that will stay closed? I heard there'll be at least some, but couldn't find any info on which stores are being considered.
New York Times says Macy’s is close to the end
Macy’s only has a few months left according to NYT
Bankrupt
Jcpenny, Needless markup aka Neiman Marcus and now Lord n Taylor are all filing bankruptcy.
NYT article about retail 4-21-20
https://www.nytimes.com/2020/04/21/business/coronavirus-department-stores-neiman-marcus.html?login=email&auth=login-email
Macy's Manhassett to become unemployment office
Macys in Manhassett will be closed by late this year and the building torn down.
Unemployment Question
I live in NY. Finally got 1wk, ending 4/19, unemployment +600 However, the 3 wks we were paid disaster pay i didnt get unemployment nor did i get unemployment for the first 2 wks in april Anyone else experiencing this?
Macy’s needs a miracle on 34th street
God, most of you people are in denial. Macy’s is gonna close or at the very least lay off anyone making over $10 an hour, holy c-app, read the writing on the wall...
Macy's ... We Stand By You
We "Believe" that Macy's will come back stronger then ever Join me, post your State and a message if you wish Support Macy's
Anyone receive severance yet?
Curious if any of the employees who were let go received severance yet.
The Prophecy of Amazon Disrupting ...
https://lastfuturist.com/the-prophecy-of-amazon-disrupting-small-businesses-has-come-true/ Amazon is positioned to be one of the biggest beneficiaries of the broader collapse in retail, as it attracts new customers who are stuck at home and are... — read more
Neiman Marcus to file for bankruptcy as soon as this week - sources
https://www.reuters.com/article/us-neimanmarcus-bankruptcy-exclusive/exclusive-neiman-marcus-to-file-for-bankruptcy-as-soon-as-this-week-sources-idUSKBN2210CW The bankruptcy filing could come within days, though the timing could slip, the sources... — read more
Forbes Story
https://www.forbes.com/sites/shelleykohan/2020/04/18/macys-may-need-a-miracle-on-34th-street/#40ecbadc5a48
Macy’s real estate valued at between $5 billion and $8 billion
Macy’s reportedly looking to use real estate to come up with cash during coronavirus pandemic Published Fri, Apr 17 20205:06 PM EDT Macy’s is looking to issue new bonds backed by some of its real estate, excluding its flagship Herald Square... — read more
Macy’s selling real estate ?
https://www.google.com/amp/s/www.cnbc.com/amp/2020/04/17/coronavirus-macys-reportedly-looks-to-use-real-estate-for-cash.html Will 34th street go on chopping blocks ?
MST Demise: Offshore Staffing Companies Kickback System
I would like to ask if anybody knows how the kickback system put in place by foreign companies works at MST. Also, it would be interested to know how widespread the system is. My understanding of the system is that it is a long chain of... — read more
How do you re-open big city doors?
Presumably, New York City and that area will be one of the last areas to get back to "normal". NYC has been releasing criminals back onto the street for months under the guise of "bail reform". They have done more crime and get re-released. Covid 19... — read more
Payment
Did anyone see a deposit from Macy’s today I work in California store
Macy’s not paying bills?
I heard the power has gone out at some locations, electric bills are 30 days past due, has anyone else heard this?
Macy's Digital Saga ...
Macy's: “Digital Transformation” is done. You had 15+ years to get through that. If you’re still not done I have no sympathy. We’re moving on to Anthropocene Transformation. The clock started in... — read more
Bonuses
Hearing the because Macys has paid out bonuses after furloughs,and layoffs that they may not be able for some aspects of retail government assistance
Reopen?
I was hearing that m will only take back people who work there a long time and lay-off people who only work under 2 years or less. But if you make too much I gather are a target
What have you heard about Macy's startup?
Has anyone heard anything about return to work plans?
Unemployment
Anyone else unemployment say ineligible week for the two weeks? I live in Michigan. I applied on the 31st March.
Anyone receive they’re unemployment check yet?
Last week was the first week for me to file, today is the second. I still have not received payment. Does anyone know if it takes this long!
KOHL's doesn't't furlough their Social Media person (from Facebook):
"As we're closed for everyone else but to help our customers - We are going to select 100 Lucky families who can shop as much as they could for up to 1 hour and we will cover all the costs - To Win It Simply Share This Post & Comment " Thanks" We... — read more
Why did Macy's shut down its social media?
What a terrible marketing decision. We are all stuck inside on our computers and phones for hours, basically a captive audience glued to social media. Nearly every other retailer has kept their social media teams going even when the majority of... — read more