Find in the news:
BY COUNTRY

Macy’s reveals improved figures



The company have exceeded expectations from analysts for the final 2014 quarter but have not met expectations for the New Year.

Macy’s expects its 2015 fiscal earnings to be between R4.70 and $4.80 per share, with analysts expecting it to reach $4.83 per share.

The company’s stock saw a slide of 2% after the release of its results, prior to the opening of the markets.

Macy’s is battling with the move of consumers to research and purchase on their mobile devices before heading for the stores.  In a bid to get in line with this trend, it launched new shopping apps prior to the holiday season and has tested same-day delivery options on purchases from Macys.com and Bloomingdales.com.  The company has announced changes to its executive structure in a bid to boost future growth.  It is expecting its 2014 fiscal year profits to exceed expectations.

The company earned $793m or R2.26 per share during the fourth quarter, compared with $811m or R2.16 per share during the previous year.  The adjusted results indicated $2.44 per share, which excludes the charges for store closures, and marketing and merchandising restructuring.  This surpassed the analyst forecast of $2.39 per share.

Macy’s has also seen an increase of almost 2% in revenue to reach $9.36bn, which is slightly short of the expectation of analysts at $9.4bn.

Its revenues for stores that have been open for at least 12 months, including beauty departments, increased by 2.5% during the quarter.  Sales increased by 2%.  These figures are indicative of the health of the chain as they do not include potentially distorted figures that result from recent store openings and closures.

Related shopping malls and stores:

More about shopping malls in the USA



Jun 1, 2022, United Kingdom:
The concept store is part of the Livat Hammersmith shopping and entertainment center in London.
May 19, 2022, South Korea:
Hyundai Seoul got a central atrium with a 12-meter waterfall and natural lighting.
May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Friend
and Follow
AEON MALL Okinawa Rycom GLA:839 585 SF
ADDRESS: 901-2300 Tochi-kukaku seirichinai Awase, Kitanakagusuku Village, Nakagami District, Okinawa
Japan . Ginowan
AEON MALL Okinawa Rycom
Aviapark GLA:2 475 699 SF
ADDRESS: ul. Aviakonstruktora Mikoyana, 10
Russia . Moscow region
Aviapark
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us