Layer3.news

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqh48ez9gnp94tryxuan0psgr6harvdzekrp5ydqdgcg22yd9rx8ms2gym05

THESE RETAILERS ARE RAISING PRICES BECAUSE OF TRUMP’S TARIFFS

https://media.zenfs.com/en/sourcing_journal_735/95c969b95ca912d88078d68fb699f713

✍️ Fashion brands and retailers are expected to increase prices due to the increased cost of tariffs, with some already implementing price hikes.

👉 Macy's expects adjusted earnings per share to decrease by $0.15 to $0.40 due to tariffs 👉 Nike will implement a "surgical price increase" to offset $1 billion in tariff-driven costs 👉 Shein and Temu have already increased prices due to tariffs 👉 Target is expanding production in the US and other countries to reduce exposure to tariffs 👉 Uniqlo plans to raise prices to soften the blow of higher tariffs 👉 Walmart is warning consumers that prices will go up due to tariffs

-- #AdrianMitchell #TonySpring #MatthewFriend #ElliotHill #BrianCornell #RickGomez #TakeshiOkazaki #DougMcMillon #JohnDavidRainey #DonaldTrump #China #UnitedStates #Cambodia #Vietnam #Indonesia #Thailand #Japan #business

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Adrian Mitchell Tony Spring Matthew Friend Elliot Hill Brian Cornell Rick Gomez Takeshi Okazaki Doug McMillon

7/16/2025

npub12qj8ax6…gyu4n7

US SHOPPERS FEEL THE HEAT OF TRUMP’S TRADE WAR: ‘THE PRICES ARE GOING UP’

https://i.guim.co.uk/img/media/87f091f097dadc7b99a79f34d31be8846b3a469a/651_0_6484_5191/master/6484.jpg?width=140&quality=85&auto=format&fit=max&s=f7806ab05da0e6142190870df70ca82a

✍️ Rising prices at department stores due to trade wars, with customers feeling the heat, especially at Macy's.

👉 Rising prices at department stores due to trade wars 👉 Customers feeling the heat, especially at Macy's 👉 Recent study shows prices of footwear, apparel, and bags have increased significantly 👉 White House negotiating tariffs with countries 👉 Retailers must decide how much to pass on costs to consumers

-- #ClarenceJohnson #NydiaOlvera #DonaldTrump #TonySpring #AdrianMitchell #RaphaelinaGarcia #NewYorkCity #Queens #QueenCentermall #business

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nostr:nevent1qvzqqqqqqypzq5py06d5gfc4c6e9sre7zm8jhaa6ck7gzy7hnsgg3jenwh7v9dsxqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq3w8xja9pp7zafk3ntsq7l5wtnxtv8rk2y3lm8ek0339tv4jxjqsstrstva

Clarence Johnson Nydia Olvera Donald Trump Tony Spring Adrian Mitchell Raphaelina Garcia New York City Queens

7/10/2025

npub1fdj9uwm…q4jm6n

THE US CHAIN THAT WILL RAISE ITS PRICES AND CLOSE 150 STORES DUE TO TRUMP'S TARIFFS

https://resizer.glanacion.com/resizer/v2/SZI7LW7HM5BS3HFR3YUTOUX53A.png?auth=9737c5e15412ea3e3313f761164698bae7954ea5b10fd4be894bacbe5fc7751a&smart=true&width=2000&height=1333

✍️ Macy's announces plans to reduce its store network and adjust prices of certain products due to the impact of Trump's tariffs, aiming to mitigate the economic uncertainty.

👉 Macy's to reduce store network by 150 locations before 2027 👉 Selective price increases for certain products 👉 20% of inventory comes from China, subject to tariffs 👉 Company attributes price increases to economic uncertainty 👉 Macy's to prioritize investments in 350 strategic stores

-- #TonySpring #AdrianMitchell #China #business

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nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqf0e7uh3t9lu060nd7cekc33mtxhs4mvztmtup053lj5xzh2hs5zs72atwl

Tony Spring Adrian Mitchell China business Argentina:perspective

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqad40ntllxt58wg57f8gdx763yahg4c8clwr7sjkhx0yty9rellwst8ev62

MACY’S CEO WARNS CUSTOMERS OF A HARSH CHANGE IN STORES

https://media.zenfs.com/en/thestreet_881/b6d57092344641ab7a8208a0534a99bd

✍️ Macy's CEO warns customers of a harsh change in stores, citing a decline in comparable store sales and a shift in consumer behavior.

👉 Macy's comparable store sales declined by 2% year-over-year in the first quarter 👉 The company's total revenue decreased by 4% compared to the same period last year 👉 The average number of visits to Macy's locations decreased by 0.2% 👉 Macy's CEO warned of higher prices in stores due to tariffs 👉 The company is shifting production away from China and negotiating with vendors to obtain brands and styles at fair prices

-- #TonySpring #AdrianMitchell #DonaldTrump #business

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Tony Spring Adrian Mitchell Donald Trump business mainstream:perspective

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq2pawfjm8rslweynq4cz04zyqra2z3eqxfcek7enk3ffanryq8mas2nf4ne

MACY'S JOINS RETAIL GIANTS WARNING OF PRICE HIKES AS TARIFFS WEIGH

https://s.yimg.com/ny/api/res/1.2/eCnCh3punILb.zKx0kYtZQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/fox_business_text_367/2f32cfeea27657eba25bdea2ef8acb49

✍️ Macy's executives warned that the retailer will raise prices on select products due to global tariffs, with CEO Tony Spring stating that the company is reducing its exposure to China and renegotiating orders with suppliers.

👉 Macy's will raise prices on select products due to global tariffs 👉 The company is reducing its exposure to China and renegotiating orders with suppliers 👉 Tariffs will impact Macy's annual gross margin by 20-40 basis points 👉 The company has cut its full-year profit guidance due to tariffs and other factors

-- #TonySpring #AdrianMitchell #DougMcMillon #DonaldTrump #China #SoutheastAsia #Europe #Canada #Mexico #business

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Tony Spring Adrian Mitchell Doug McMillon Donald Trump China Southeast Asia Europe Canada

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqg8cv3873yp4sc2pccwsmdamt6cx7qck2qa2ulzg904aaptj23zjsuw0f6l

npub1auwyjzy…pfcwfe

MACY’S CUTS PROFIT OUTLOOK AS TARIFFS, PROMOTIONS HIT ITS BUSINESS

https://image.cnbcfm.com/api/v1/image/108006095-1721051152651-gettyimages-2160135074-zawrzel-business240705_npLTU.jpeg?v=1748352574&w=1920&h=1080

✍️ Macy's cut its full-year profit guidance due to higher tariffs, promotions, and moderation in discretionary spending, despite beating quarterly earnings expectations.

👉 Macy's cut its full-year profit guidance due to higher tariffs, promotions, and moderation in discretionary spending 👉 The company beat quarterly earnings expectations 👉 Macy's namesake brand remained its weakest, with a 2.1% decline in comparable sales 👉 Bloomingdale's and Bluemercury reported positive comparable sales growth 👉 Macy's plans to close about 150 underperforming namesake stores across the country by early 2027

-- #TonySpring #DonaldTrump #ThomasEdwards #AdrianMitchell #NewYorkCity #business

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Tony Spring Donald Trump Thomas Edwards Adrian Mitchell New York City business mainstream:perspective

5/28/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqaq27xqgafzusdckw6n7xzhp96t3yljgx8ct4htwq5680rvjtdqrq9rds5g

MACY'S FORMER ACTIVIST INVESTOR DOESN'T RULE OUT A NEW TAKEOVER CAMPAIGN

https://s.yimg.com/ny/api/res/1.2/oGC5Ep_FhJDWICJMexMEqw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-05/2c8eacc0-35a1-11f0-a37f-c503a19b006a

✍️ Macy's rejected a $6.9 billion buyout offer from Arkhouse and Brigade Capital Management last year, and the activist investor is still frustrated about the rejection.

👉 Macy's rejected a $6.9 billion buyout offer from Arkhouse and Brigade Capital Management last year 👉 The offer was worth more than double Macy's current share price 👉 Gavriel Kahane, Arkhouse managing partner, expressed frustration over the rejection 👉 Macy's is still mispriced and in need of a turnaround 👉 Macy's CFO, Adrian Mitchell, said the offer was not compelling given Macy's potential

-- #GavrielKahane #AdrianMitchell #TonySpring #NeilSaunders #DavidSwartz #BrookeDiPalma #NewYorkCity #HeraldSquare #business

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Gavriel Kahane Adrian Mitchell Tony Spring Neil Saunders David Swartz Brooke DiPalma New York City Herald Square

5/23/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqhfulmwtk8l66lekgym0p6n49p09thte2v2j74nrnhf23hrqrhthqd9c3z2

MICHAEL KORS OWNER CAPRI'S FINANCE HEAD JUMPS SHIP TO MACY'S

https://media.zenfs.com/en/reuters-finance.com/ea6bdafefb4502a05691f9bed38edd14

✍️ Capri Holdings' finance and operations head, Thomas Edwards, is leaving to join Macy's as its new finance and operations head, as Macy's continues its turnaround efforts.

👉 Thomas Edwards is leaving Capri Holdings to join Macy's as its new finance and operations head 👉 Edwards will help strengthen CEO Tony Spring's efforts to turn around Macy's 👉 Capri Holdings is looking to rebuild its business following the demise of its deal with Tapestry 👉 Macy's shares rose nearly 3% after the announcement

-- #ThomasEdwards #TonySpring #AdrianMitchell #DonatellaVersace #DavidSwartz #RajalMehta #AnanyaMariamRajesh #business

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Thomas Edwards Tony Spring Adrian Mitchell Donatella Versace David Swartz Rajal Mehta Ananya Mariam Rajesh business

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq2xll0hwv0pel5ys7vcs5362q625hdcyyh423vk0sl75cu0gvsegsync9el

MACY’S CHIEF OPERATING AND FINANCIAL OFFICER TO EXIT

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✍️ Macy's announces leadership changes as part of its transformation strategy, including the departure of Chief Operating and Financial Officer Adrian Mitchell and the appointment of Thomas Edwards as his replacement.

👉 Adrian Mitchell, Chief Operating and Financial Officer, is leaving Macy's, Inc. effective June 21. 👉 Thomas Edwards will replace Mitchell as Chief Operating and Financial Officer, effective June 22. 👉 Barbie Cameron, Chief Stores Officer, will report to CEO Tony Spring effective June 22. 👉 Bluemercury CEO Maly Bernstein will report to Bloomingdale's CEO Olivier Bron effective May 1. 👉 Macy's is focusing on the home category this year as part of its transformation strategy.

-- #AdrianMitchell #ThomasEdwards #TonySpring #BarbieCameron #MalyBernstein #OlivierBron #JohnIdol #RajalMehta #PatriciaGabrial #business

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Adrian Mitchell Thomas Edwards Tony Spring Barbie Cameron Maly Bernstein Olivier Bron John Idol Rajal Mehta

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqxks4zcssqhhfk6a43fj3xs5z5nuklzdh7zen9srpm09wxl3r6s2sxf588n

MARCH EARNINGS UPDATE: HOW FINANCE LEADERS ARE NAVIGATING TARIFFS

https://s.yimg.com/ny/api/res/1.2/Pnvhfk0Sn117z1Dmb2l0zw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/cfo_com_600/f737c3118a33a9bb3de459f72371d8bb

✍️ CFOs from various companies discuss the impact of tariffs on their businesses during earnings calls.

👉 Lululemon CFO Meghan Frank said tariffs have a minimal impact on the company's business, with a 20 basis point headwind embedded in their guidance. 👉 Nike CFO Matthew Friend mentioned that tariffs have already been factored into planning and current investor guidance. 👉 Five Below CFO Kristy Chipman identified the company's 3% same-store sales growth as a potential offset to tariff-induced costs by Q1 2026. 👉 Volkswagen CFO Arno Antlitz avoided discussing tariffs, citing the uncertainty and lack of information. 👉 Traeger CFO Dominic Blosil said the company's domestic sourcing strategy makes it unaffected by tariffs from a supply chain and cost standpoint. 👉 Costco CFO Gary Millerchip noted that the company's supply chain costs were slightly up due to their broader strategy on inventory and supply chain management in light of potential tariffs. 👉 Macy's CFO Adrian Mitchell said the company is focusing on controlling internal variables to mitigate the impact of tariffs. 👉 Target CFO Jim Lee is taking a multifaceted approach to navigating tariff uncertainty, including maintaining a larger-than-normal balance sheet and no longer offering quarterly guidance.

-- #MeghanFrank #MatthewFriend #KristyChipman #ArnoAntlitz #DominicBlosil #GaryMillerchip #AdrianMitchell #JimLee #business

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Meghan Frank Matthew Friend Kristy Chipman Arno Antlitz Dominic Blosil Gary Millerchip Adrian Mitchell Jim Lee

nostr:nevent1qvzqqqqqqypzpc24fcukpkr60sl9kkzy7w9qy34s0vrayd773fkt0ax2dg3rsx4mqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvghgu2vt3l0wqwm8m4an0ddg5jxkkw2pd3xw9jwmkpqmax60eh8qdjr9sn

npub1u925uwt…77hudd

MACY'S TO CLOSE 150 LOCATIONS AFTER SALES, SHARES DROP

https://media.breitbart.com/media/2024/12/macys-store-AP-640x335.jpg

✍️ Macy's is planning to close 65 locations by the end of 2024 and 150 locations total over the next three years to become a more profitable company.

👉 Macy's to close 65 locations by the end of 2024 and 150 locations total over the next three years 👉 Sales dropped by 2.4 percent in Q3 👉 Former employee accused of hiding up to $154 million in expenses over three years 👉 Company's shares dropped by 12 percent after earnings call but had mostly recovered by Thursday afternoon

-- #AdrianMitchell #TonySpring #business

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Adrian Mitchell Tony Spring business conservative:perspective

12/14/2024

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqykfj80fcfq5n964pspzxv2ar2m39m0q6qxddd0vy7fr0nhd3d3ssel29x0

HOW DID A MACY’S WORKER CONCEAL UP TO $154 MILLION IN FAKE EXPENSES? EXPERTS WEIGH IN

https://media.zenfs.com/en/fortune_175/bb14a1b6138eb243fd9d259607b4071c

✍️ Macy's is in crisis mode after an employee was found to have cooked the books for years, hiding over $100 million in expenses using unethical accounting practices.

👉 Macy's employee cooked the books for years, hiding over $100 million in expenses 👉 Employee intentionally made erroneous accounting accrual entries 👉 Company is working to complete an investigation and ensure the matter is handled appropriately 👉 Experts suggest employee's motives are unclear, possibly tied to pay or bonus

-- #TonySpring #AdrianaCarpenter #Jo-EllenPozner #AdrianMitchell #DavidSwartz #SherylEstrada #GregMcKenna #business

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Tony Spring Adriana Carpenter Jo-Ellen Pozner Adrian Mitchell David Swartz Sheryl Estrada Greg McKenna business

11/27/2024

npub1n3qaz9j…8x0j69

DOZENS OF RETAILERS JACKED UP INTEREST RATES ON STORE CARDS AHEAD OF FED CUTS

https://image.cnbcfm.com/api/v1/image/108039744-1727368876287-gettyimages-1484501086-01662023.jpeg?v=1732116336&w=1920&h=1080

✍️ Dozens of US retailers and their bank partners raised interest rates on store-branded credit cards to record highs before the Federal Reserve began cutting rates, aiming to pad profits during a period of sluggish sales.

👉 50 major US retailers raised interest rates on their credit cards between September 2023 and September 2024 👉 Some retailers raised rates by as much as 6 percentage points 👉 Retailers aim to pad profits during a period of sluggish sales 👉 Interest rates on store-branded credit cards are now at record highs 👉 Consumers may struggle to pay off their debt due to the rate hikes 👉 Alternative payment methods, such as buy now, pay later, are becoming more popular

-- #TedRossman #JasmineMatheney #BrianRobin #PaulLejuez #AdrianMitchell #Michigan #SouthernCalifornia #business

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Ted Rossman Jasmine Matheney Brian Robin Paul Lejuez Adrian Mitchell Michigan Southern California business

11/22/2024

Layer3.news

AI by layer3.news

Filtering by: Adrian Mitchell · clear filter

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqtwh3thsskadfjpea7v3s8pv46r7jyy9l2fdvfkdmjgamsl3sleesjplsej

MACY'S MAKES ITS BIGGEST MOVE YET TO RIVAL AMAZON

https://media.zenfs.com/en/thestreet_881/4ae2cd75d3da8053d833abaf0bcb559e

✍️ Macy's has opened a massive automated warehouse in North Carolina to modernize its operations and improve online order fulfillment, aiming to reverse its declining sales.

-- #TonySpring #AdrianMitchell #ChinaGrove,NorthCarolina #business

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Tony Spring Adrian Mitchell China Grove, North Carolina business mainstream:perspective

10/24/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqh48ez9gnp94tryxuan0psgr6harvdzekrp5ydqdgcg22yd9rx8ms2gym05

THESE RETAILERS ARE RAISING PRICES BECAUSE OF TRUMP’S TARIFFS

https://media.zenfs.com/en/sourcing_journal_735/95c969b95ca912d88078d68fb699f713

✍️ Fashion brands and retailers are expected to increase prices due to the increased cost of tariffs, with some already implementing price hikes.

-- #AdrianMitchell #TonySpring #MatthewFriend #ElliotHill #BrianCornell #RickGomez #TakeshiOkazaki #DougMcMillon #JohnDavidRainey #DonaldTrump #China #UnitedStates #Cambodia #Vietnam #Indonesia #Thailand #Japan #business

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Adrian Mitchell Tony Spring Matthew Friend Elliot Hill Brian Cornell Rick Gomez Takeshi Okazaki Doug McMillon

7/16/2025

npub12qj8ax6…gyu4n7

US SHOPPERS FEEL THE HEAT OF TRUMP’S TRADE WAR: ‘THE PRICES ARE GOING UP’

https://i.guim.co.uk/img/media/87f091f097dadc7b99a79f34d31be8846b3a469a/651_0_6484_5191/master/6484.jpg?width=140&quality=85&auto=format&fit=max&s=f7806ab05da0e6142190870df70ca82a

✍️ Rising prices at department stores due to trade wars, with customers feeling the heat, especially at Macy's.

-- #ClarenceJohnson #NydiaOlvera #DonaldTrump #TonySpring #AdrianMitchell #RaphaelinaGarcia #NewYorkCity #Queens #QueenCentermall #business

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nostr:nevent1qvzqqqqqqypzq5py06d5gfc4c6e9sre7zm8jhaa6ck7gzy7hnsgg3jenwh7v9dsxqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq3w8xja9pp7zafk3ntsq7l5wtnxtv8rk2y3lm8ek0339tv4jxjqsstrstva

Clarence Johnson Nydia Olvera Donald Trump Tony Spring Adrian Mitchell Raphaelina Garcia New York City Queens

7/10/2025

npub1fdj9uwm…q4jm6n

THE US CHAIN THAT WILL RAISE ITS PRICES AND CLOSE 150 STORES DUE TO TRUMP'S TARIFFS

https://resizer.glanacion.com/resizer/v2/SZI7LW7HM5BS3HFR3YUTOUX53A.png?auth=9737c5e15412ea3e3313f761164698bae7954ea5b10fd4be894bacbe5fc7751a&smart=true&width=2000&height=1333

✍️ Macy's announces plans to reduce its store network and adjust prices of certain products due to the impact of Trump's tariffs, aiming to mitigate the economic uncertainty.

-- #TonySpring #AdrianMitchell #China #business

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nostr:nevent1qvzqqqqqqypzqjmytcahp0hwmk3vr0xhuuqegpsjyghjy858der555g379pcd5vgqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqf0e7uh3t9lu060nd7cekc33mtxhs4mvztmtup053lj5xzh2hs5zs72atwl

Tony Spring Adrian Mitchell China business Argentina:perspective

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqad40ntllxt58wg57f8gdx763yahg4c8clwr7sjkhx0yty9rellwst8ev62

MACY’S CEO WARNS CUSTOMERS OF A HARSH CHANGE IN STORES

https://media.zenfs.com/en/thestreet_881/b6d57092344641ab7a8208a0534a99bd

✍️ Macy's CEO warns customers of a harsh change in stores, citing a decline in comparable store sales and a shift in consumer behavior.

-- #TonySpring #AdrianMitchell #DonaldTrump #business

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Tony Spring Adrian Mitchell Donald Trump business mainstream:perspective

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq2pawfjm8rslweynq4cz04zyqra2z3eqxfcek7enk3ffanryq8mas2nf4ne

MACY'S JOINS RETAIL GIANTS WARNING OF PRICE HIKES AS TARIFFS WEIGH

https://s.yimg.com/ny/api/res/1.2/eCnCh3punILb.zKx0kYtZQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/fox_business_text_367/2f32cfeea27657eba25bdea2ef8acb49

✍️ Macy's executives warned that the retailer will raise prices on select products due to global tariffs, with CEO Tony Spring stating that the company is reducing its exposure to China and renegotiating orders with suppliers.

-- #TonySpring #AdrianMitchell #DougMcMillon #DonaldTrump #China #SoutheastAsia #Europe #Canada #Mexico #business

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Tony Spring Adrian Mitchell Doug McMillon Donald Trump China Southeast Asia Europe Canada

nostr:nevent1qvzqqqqqqypzpmcufyygvv773p6xszc6kk3zjnr3zpwgu3ps4w0vne0wex2m22w6qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqg8cv3873yp4sc2pccwsmdamt6cx7qck2qa2ulzg904aaptj23zjsuw0f6l

npub1auwyjzy…pfcwfe

MACY’S CUTS PROFIT OUTLOOK AS TARIFFS, PROMOTIONS HIT ITS BUSINESS

https://image.cnbcfm.com/api/v1/image/108006095-1721051152651-gettyimages-2160135074-zawrzel-business240705_npLTU.jpeg?v=1748352574&w=1920&h=1080

✍️ Macy's cut its full-year profit guidance due to higher tariffs, promotions, and moderation in discretionary spending, despite beating quarterly earnings expectations.

-- #TonySpring #DonaldTrump #ThomasEdwards #AdrianMitchell #NewYorkCity #business

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Tony Spring Donald Trump Thomas Edwards Adrian Mitchell New York City business mainstream:perspective

5/28/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqaq27xqgafzusdckw6n7xzhp96t3yljgx8ct4htwq5680rvjtdqrq9rds5g

MACY'S FORMER ACTIVIST INVESTOR DOESN'T RULE OUT A NEW TAKEOVER CAMPAIGN

https://s.yimg.com/ny/api/res/1.2/oGC5Ep_FhJDWICJMexMEqw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-05/2c8eacc0-35a1-11f0-a37f-c503a19b006a

✍️ Macy's rejected a $6.9 billion buyout offer from Arkhouse and Brigade Capital Management last year, and the activist investor is still frustrated about the rejection.

-- #GavrielKahane #AdrianMitchell #TonySpring #NeilSaunders #DavidSwartz #BrookeDiPalma #NewYorkCity #HeraldSquare #business

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Gavriel Kahane Adrian Mitchell Tony Spring Neil Saunders David Swartz Brooke DiPalma New York City Herald Square

5/23/2025

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqhfulmwtk8l66lekgym0p6n49p09thte2v2j74nrnhf23hrqrhthqd9c3z2

MICHAEL KORS OWNER CAPRI'S FINANCE HEAD JUMPS SHIP TO MACY'S

https://media.zenfs.com/en/reuters-finance.com/ea6bdafefb4502a05691f9bed38edd14

✍️ Capri Holdings' finance and operations head, Thomas Edwards, is leaving to join Macy's as its new finance and operations head, as Macy's continues its turnaround efforts.

-- #ThomasEdwards #TonySpring #AdrianMitchell #DonatellaVersace #DavidSwartz #RajalMehta #AnanyaMariamRajesh #business

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Thomas Edwards Tony Spring Adrian Mitchell Donatella Versace David Swartz Rajal Mehta Ananya Mariam Rajesh business

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq2xll0hwv0pel5ys7vcs5362q625hdcyyh423vk0sl75cu0gvsegsync9el

MACY’S CHIEF OPERATING AND FINANCIAL OFFICER TO EXIT

https://s.yimg.com/ny/api/res/1.2/3iqvYZFb4LnYk8ZREApGiw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/retail_dive_367/cb0347e66b520881ed0007ce0fe8cbae

✍️ Macy's announces leadership changes as part of its transformation strategy, including the departure of Chief Operating and Financial Officer Adrian Mitchell and the appointment of Thomas Edwards as his replacement.

-- #AdrianMitchell #ThomasEdwards #TonySpring #BarbieCameron #MalyBernstein #OlivierBron #JohnIdol #RajalMehta #PatriciaGabrial #business

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Adrian Mitchell Thomas Edwards Tony Spring Barbie Cameron Maly Bernstein Olivier Bron John Idol Rajal Mehta

nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqxks4zcssqhhfk6a43fj3xs5z5nuklzdh7zen9srpm09wxl3r6s2sxf588n

MARCH EARNINGS UPDATE: HOW FINANCE LEADERS ARE NAVIGATING TARIFFS

https://s.yimg.com/ny/api/res/1.2/Pnvhfk0Sn117z1Dmb2l0zw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/cfo_com_600/f737c3118a33a9bb3de459f72371d8bb

✍️ CFOs from various companies discuss the impact of tariffs on their businesses during earnings calls.

-- #MeghanFrank #MatthewFriend #KristyChipman #ArnoAntlitz #DominicBlosil #GaryMillerchip #AdrianMitchell #JimLee #business

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Meghan Frank Matthew Friend Kristy Chipman Arno Antlitz Dominic Blosil Gary Millerchip Adrian Mitchell Jim Lee

nostr:nevent1qvzqqqqqqypzpc24fcukpkr60sl9kkzy7w9qy34s0vrayd773fkt0ax2dg3rsx4mqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvghgu2vt3l0wqwm8m4an0ddg5jxkkw2pd3xw9jwmkpqmax60eh8qdjr9sn

npub1u925uwt…77hudd

MACY'S TO CLOSE 150 LOCATIONS AFTER SALES, SHARES DROP

https://media.breitbart.com/media/2024/12/macys-store-AP-640x335.jpg

✍️ Macy's is planning to close 65 locations by the end of 2024 and 150 locations total over the next three years to become a more profitable company.

-- #AdrianMitchell #TonySpring #business

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Adrian Mitchell Tony Spring business conservative:perspective

12/14/2024