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☆ Fact check: Trump tells ‘mind-bogglingly nonsensical’ story about the New York Stock Exchange
▼ + stars: | 2024-03-25 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

Facts First: The stock exchange on which the Trump Media & Technology Group is being listed, the Nasdaq, is also headquartered in New York. In fact, the Nasdaq and the New York Stock Exchange are located in the same New York City borough of Manhattan. He said: “Like, what?”“I hope somebody advising President Trump informs him that the same investor protection rules that safeguard investors of the New York Stock Exchange also safeguard investors on the Nasdaq Stock Market,” Macey said. Colangelo served as acting associate attorney general in the first months of the Biden administration in early 2021 and then as principal deputy associate attorney general. As acting associate attorney general, he was third in command of the department – never the top official there, as Trump has previously claimed.

Persons: Donald Trump, ”, ” Jonathan Macey, Macey, Trump, ” Macey, Letitia James, Attorney Alvin Bragg, ‘ I’m, Lynn Martin, Stacey Cunningham, Sharon Bowen, Biden, Matthew Colangelo, “, Joe Biden, Bragg, Colangelo, Biden James, Jack Smith, Smith, General Merrick Garland, Garland, – Organizations: Washington CNN, Trump Media & Technology Group, New York Stock Exchange, Trump Media & Technology, Nasdaq, NYSE, “, Yale Law School, New, Manhattan, Attorney, Trump Media, Technology Group, U.S . Securities, Exchange Commission, Biden, Department, Trump, New York, federal Justice Department, DC, Justice Department Locations: New York, York City, Manhattan, York, Macy’s, Fulton County , Georgia, New York , Georgia, Florida, Washington

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

☆ Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury
▼ + stars: | 2024-02-27 | by ( Jordyn Holman | ) www.nytimes.com time to read: 1 min

Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and Bluemercury chains. The moves put the stamp of the company’s new chief executive, Tony Spring, on an effort to keep the largest department store operator in the United States profitable and stave off a pending takeover bid. It is the second major downsizing of the Macy’s chain since 2020 and will leave the company with 350 stores, slightly more than half the number it had before the pandemic. The overhaul is intended to “accelerate our path to market share gains, sustainable, profitable growth and value creation for our shareholders,” Mr. Spring, who took over this month, said in a statement.

Persons: Macy’s, Tony Spring, ” Mr Locations: United States

☆ Dual Mission for Macy’s New Chief: Revive Stores and Fend Off Takeover
▼ + stars: | 2024-02-02 | by ( Jordyn Holman | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

As he prepares to take the reins as Macy’s chief executive on Sunday, Tony Spring has a tall order: He must contend with the existential crisis that mall-based department stores are facing to try to stay relevant in an increasingly e-commerce world. In December, an investor group submitted a bid that would take Macy’s private at a value of $5.8 billion. Mr. Spring, 58, has spent his career at Macy’s high-end store group, Bloomingdale’s. He started as an executive trainee in 1987 and rose through the ranks to become chief executive in 2014. He turned the chain into a “scrappy incubator” for ideas that were eventually brought over to Macy’s stores.

Persons: Tony Spring Organizations: Arkhouse Management, Brigade Capital Management

☆ Macy’s rejects a $5.8 billion unsolicited takeover offer
▼ + stars: | 2024-01-22 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Macy’s has rejected a $5.8 billion offer to take the 165-year-old retailer private, announcing late Sunday that the “unsolicited proposal lacks compelling value.”Last month, Arkhouse Management, a real estate-focused investing firm, and Brigade Capital Management, a global asset manager, offered to buy the remaining Macy’s shares it doesn’t own at a 32% premium. The company first opened in 1858 and now operates about 500 Macy’s branded stores, as well as 55 of the more upscale Bloomingdale’s chain. Macy’s has attempted numerous strategies in recent years to revitalize its business, such as new brands and smaller stores, but the moves have not altered its long-term trajectory. Its stock price has dropped 75% from a peak of $73 a share in 2015. Since then, it has closed nearly 300 stores — almost one-third — leaving about 700 across its brands.

Persons: New York CNN — Macy’s, “, ”, Jeff Gennette, ” Arkhouse, Arkhouse, ” Macy’s, Macy’s, CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, Arkhouse Management, Brigade Capital Management, Brigade Locations: New York

☆ Macy’s Plans to Cut 2,350 Jobs and Close 5 Stores
▼ + stars: | 2024-01-18 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com time to read: +1 min

Macy’s, the country’s largest department store operator, told employees Thursday that it was laying off 13 percent of its corporate work force. The move comes as the company prepares to unveil a new strategy that its incoming chief executive will oversee. The cuts amount to roughly 2,350 jobs, or about 3.5 percent of the company’s overall work force, which includes employees at the subsidiaries Bloomingdale’s and Bluemercury. The company also said it would close five of its more than 560 Macy’s stores. Tony Spring will take over as Macy’s chief executive next month from Jeff Gennette, a company veteran who is retiring after holding the post since 2017.

Persons: Tony Spring, Jeff Gennette, Adrian Mitchell Organizations: The New York Times, Wall Street, Mr

☆ Macy’s is laying off workers and closing five stores
▼ + stars: | 2024-01-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

David McLane/NY Daily News Archive/Getty Images The first Macy's store, on New York's Sixth Avenue, is seen circa 1880. New York Times Co./Hulton Archive/Getty Images Workers sort parcels at a Macy's store circa 1942. Fritz Goro/The LIFE Picture Collection/Shutterstock Women show dolls to children at a Macy's store around Christmas in 1942. Fred Morgan/NY Daily News Archive/Getty Images The Radio City Rockettes march in the Macy's Thanksgiving Day Parade in 1966. Amy Sussman/AP Images for Macy's This Macy's store in West Palm Beach, Florida, was one of dozens of stores that the company announced it would be closing in 2017.

Persons: David McLane, Santa Claus, Fritz Goro, Bernard Hoffman, Rita Hayworth's, Nina Leen, Fred Morgan, Paul DeMaria, Jean, Erick Pasquier, Monica Almeida, Chris Hondros, Timothy Fadek, Andrew Craft, Eric Thayer, Eduardo Munoz, Andrew Kelly, Amy Sussman, Joe Raedle, Charles Krupa, Gary Hershorn, Macy’s Organizations: New, New York CNN — Veteran, CNN, Street Journal, Commerce Department, NY, The New, Historical Society, of Congress, Santa, Bettmann, . New York Times Co, Hulton, Getty, Keystone, Herald, Macy, City, Workers, Fayetteville Observer, USA, Reuters Shoppers, Reuters, Saxon Middle School Choir, Downtown Burlington High School, Corbis Locations: New York, ., France, Fayetteville , North Carolina, Bay Shore , New York, West Palm Beach , Florida, Burlington , Vermont, New York City, Santa Claus

☆ A woman bought a vintage dress at an antique store. It had a secret pocket with a mysterious note
▼ + stars: | 2024-01-15 | by ( Faith Karimi | ) edition.cnn.com time to read: +8 min

CNN —The Victorian dress in the Maine antique mall was unlike anything Sara Rivers Cofield had seen before. Rivers Cofield had no idea that the dress she bought in December 2013 would unravel a mystery a decade later. Rivers Cofield was baffled, she told CNN. He also emailed Rivers Cofield, who did not know that online sleuths were still working to decipher the codes. But for now, Chan and Rivers Cofield are just glad they’ve unraveled the biggest piece of the dress’s mystery.

Persons: Sara Rivers Cofield, Rivers, Rivers Cofield, Fagan, Bennett, Shakespeare’s, ”, she’d, “, sleuths, Cofield, ” Rivers Cofield, I’m, Wayne Chan, didn’t, ” Chan, Chan, Sara Rivers, “ Bismark, “ Buck ”, he’s, “ I’m, It’s, they’ve Organizations: CNN, University of Manitoba, Army Corps, National Oceanic, Atmospheric Administration Locations: Maine, Calgary, Cuba, Bennett, Rivers, Chesapeake Beach , Maryland, Searsport , Maine, United States, ”, Canadian, Canada, North America, Bismarck, North Dakota, Washington ,, Chan

☆ The designer of the ‘Bushwick Birkin’ is rewriting the rules of fashion
▼ + stars: | 2023-12-04 | by ( Ramishah Maruf | Clare Duffy | ) edition.cnn.com time to read: +13 min

By contrast, even the most expensive Shopping Bags often cost less than $300. Telfar Clemens at the CFDA x Vogue Fashion Fund 'Americans in Paris' event, Paris Fashion Week, France in March 2018. Maker of the ‘Bushwick Birkin’“This Telfar bag imported. The Covid-19 pandemic sent the popularity of the Shopping Bag to new heights — new bag releases announced online sold out in minutes. ‘For everyone’In 2015, Telfar had an unusual partner at New York Fashion Week: fast-food chain White Castle.

Persons: Bella Hadid, Alexandria Ocasio, “ Abbott, they’re, Birkin, ”, Telfar Clemens —, ” Clemens, Clemens, He’s, Telfar, Telfar Clemens, Hagop Kalaidjian, Clemens “, Lois Sakany, Beyoncé, Gonzalo Marroquin, Patrick McMullan, Solange Knowles, David X Prutting, Bushwick Birkin, —, Adrienne Jones, Samia Laaboudi, Edward Berthelot, Chanel, Laticha Brown, ’, Robert F, Kennedy, Babak Radboy, “, It’s, Elliott Jerome Brown Jr, ” Sakany, Sakany, Pratt’s Jones, Radboy, ” Telfar, DiCianno, Jones, ” Jones, it’s Organizations: New, New York CNN, Rep, ABC, Brooklyn, tote, Gay Times, Fund, Paris, CNN, Liberian, New York’s Pace University, Breakfast Club, of Fashion Designers of America, Vogue, Guggenheim Museum, ” Pratt Institute, Security, New York, Reuters, Analysts, Bag Security, Fashion Institute of Technology, White, Kennedy Human Rights Liberty, Justice Fund, Old, Fast Locations: New York, Alexandria, Cortez, Bushwick, Brooklyn, Paris, France, New York City, Liberian, Queens, Liberia, United States, USA, . Clemens

☆ 61 Best Cyber Week Deals Still Going On
▼ + stars: | 2023-11-28 | by ( Bellamy Richardson | ) www.wsj.com time to read: +2 min

By Bellamy RichardsonBlack Friday has come and gone, but Cyber Week is still happening. Plus, take up to 60% off at Zappos’ Cyber Week sale, which includes brands such as Columbia, Steve Madden, New Balance and more. Tech dealsWhether you’re looking to upgrade your TV or try out a smartwatch, these tech deals are worth checking out. Beauty dealsSave on all your favorite beauty products during Ulta’s Happy Haul-idays Sale with different offers each week through Dec. 23. This week, take 40% off It Cosmetics products, 25% off select Tarte products and 40% off select Revlon hair tools.

Persons: Bellamy Richardson, Kitchen, Steve Madden Organizations: Solo, Cozy Earth, Smart, Tech, Revlon Locations: Madewell, Columbia, Brooklinen

Macy's third-quarter sales declined with consumers cautious about spending, but sales and profit both topped Wall Street expectations. The department store also raised the top end of its full-year revenue and adjusted profit forecasts. Overall sales fell 7% to $4.86 billion, with sales at traditional stores and online sales both down 7%. “We delivered better-than-expected top and bottom line third quarter results and are entering the holiday period in a healthy inventory position,” Chairman and CEO Jeff Gennette said in a prepared statement. Also on Thursday, Walmart posted better-than-expected third-quarter results as its low prices attract shoppers looking for deals in a tough economic environment.

Persons: Jeff Gennette Organizations: Zacks Investment Research, Walmart, Target, Inc

☆ The Tech CEO Who Won’t Use Email
▼ + stars: | 2023-10-27 | by ( Corrie Driebusch | Photographs Justin J. Wee For The Wall Street Journal | ) www.wsj.com time to read: +1 min

Sarah Dorsett, chief executive of high-tech baby-monitor company Nanit, is always plugged in—just don’t send her any emails. She is often on her iPhone 13, using it for everything from messaging with friends and co-workers to monitoring Nanit’s sales on Shopify. According to a recent sampling, Dorsett spends an average of 2 hours and 50 minutes each day on her phone. During that time she said she signed up for promotional emails from dozens of retailers, and her inbox is now flooded. I check my email a few times a week,” she said.

Persons: Sarah Dorsett, Dorsett, cale, ike B loomingdale’s, ove

☆ The Life Cycle of New York Galleries
▼ + stars: | 2023-09-28 | by ( M.H. Miller | ) www.nytimes.com time to read: +10 min

The Life Cycle of New York Galleries What does being the center of the art world do to a neighborhood? BROOME STREET GRAND STREET WOOSTER STREET GREENE STREET MERCER STREET CROSBY STREET HOUSTON STREET CANAL STREET WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE STREET SPRING STREET opacity=0PRE-1950SIn the early 20th century, the area south of Houston, north of Canal, bounded roughly by West Broadway on one side and Lafayette/Centre Street on the other, was notorious for sweatshops and factory fires. Photo: Bob Adelman1968In 1968, a group called the SoHo Artists Association formed in order to help legalize loft living in manufacturing buildings. The reputations of these dealers helped cement the neighborhood as the center of the New York art world, though SoHo remained, in some ways, sparse. In 1996, the SoHo Grand Hotel opened on West Broadway (the Mercer would open the following year).

Persons: Edward Cavanagh Jr, Robert Moses, Bronx . Walter Albertin, Little Italy —, Jane Jacobs, Fred W, “, Chester Rapkin, Houston —, Allan Tannenbaum, Donald Judd, James Rosenquist, Julie Finch, Frank Stella, John Chamberlain, Claes Oldenburg, Bob Adelman, John Dominis, Paula Cooper, Alan Shields, Judd, Leo Castelli, André Emmerich, Ileana Sonnabend, John Weber, Sam Falk, Sol LeWitt, — Carol Goodden, Tina Girourard, Gordon Matta, Clark —, Sandra Zalman, ” Gordon Matta, Clark’s “ Matta Bones, Clark, Andrew Sarchiapone, Cooper, Moira Hodgson, Pepe Diniz, Peter Gabriel, Mick Jagger, Keith Haring, Tony Shafrazi, Martin Scorsese, — Brooke Alexander, Gruenebaum, Baskerville, Watson, Victoria Munroe, Witkin, ’, Larry Gagosian, Lee B, Ewing, Solomon R, Bill Cunningham, Moss, Mercer, Prada, Michael Moran, OTTO, Bloomingdale’s, Jeffrey Isaac Greenberg, Hauser & Wirth, Marc Payot Organizations: STREET WOOSTER, STREET, STREET CROSBY STREET, WEST BROADWAY BROADWAY LAFAYETTE STREET PRINCE, West Broadway, Cross, Bronx ., of Congress, Interim, Lower, Manhattan, Authority, City Club of New, Houston, Fairweather, James Rosenquist Foundation, ARS, SoHo Artists Association, Student, Broadway, New York Times, New, New York City Landmarks Preservation, Vox Media, New Museum, “, The Times, The New York Times, Guggenheim Museum, Guggenheim, Guggenheim SoHo, Voice, Women’s Action Coalition, Boys ’, Hauser &, Wooster, Adidas, Wirth’s, Hauser, Wirth Locations: Soho, Houston, Canal, Lafayette, Manhattan, Bronx, Hell’s, Little Italy, Lower Manhattan Expressway, City Club of New York, New York City, , New York, Vietnam, SoHo, York, , New York City , New York, Wooster, New York, French, Sixth, Prince, West Chelsea

☆ Unpacking the Impact of a Brown Paper Bag
▼ + stars: | 2023-09-14 | by ( Hilary Reid | ) www.nytimes.com time to read: +1 min

It has been rendered in chrome-plated resin as part of a sculpture of Andy Warhol by the artist Rob Pruitt. It is a shopping bag — the Big Brown Bag, from the department store Bloomingdale’s — which turns 50 this month. To celebrate, Bloomingdale’s has introduced the Big Brown Bazaar at its flagship store on 59th Street in Manhattan, which is filled with new merchandise inspired by the shopping bag, including a Big Brown pickleball paddle ($98), a Big Brown journal ($19.95) and a Polo Ralph Lauren sweatshirt ($188) that features a bear holding a Big Brown Bag. A commemorative version of the bag, with a golden “50” and rope handles, will also be offered to store customers through October. Introduced in 1973, the Big Brown Bag debuted amid a rebranding at Bloomingdale’s that began a year earlier under Marvin Traub, then the department store’s chief executive, as it celebrated a century in business.

Persons: ”, Andy Warhol, Rob Pruitt, Bloomingdale’s, Ralph Lauren sweatshirt, Brown, Marvin Traub Locations: Limoges, Manhattan

☆ Macy’s Names Next Bloomingdale’s C.E.O.
▼ + stars: | 2023-09-12 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Macy’s named Olivier Bron the next chief executive of Bloomingdale’s, the company’s luxury chain, on Tuesday, the latest move in a leadership shuffle this year. Mr. Bron was previously chief executive of Central Group’s Central and Robinson Department Stores in Thailand. Macy’s announced this year that Mr. Spring would be elevated to chief executive of Macy’s in February after the planned retirement of Jeff Gennette, who has led the company since 2017. Macy’s has ambitions to become more competitive in e-commerce as younger shoppers pull away from department stores. Mr. Gennette previously said Bloomingdale’s, under Mr. Spring, had worked as a “scrappy incubator” for ideas that eventually made their way to Macy’s.

Persons: Macy’s, Olivier Bron, Bron, Tony Spring, Jeff Gennette, Gennette, Mr, Denis Guignebourg Organizations: Bloomingdale’s, Mr, Central Group’s, Robinson Department, Macy’s, Galleries Lafayette, Bain & Company . Credit, Sipa USA, Associated Press Locations: Thailand, United States

☆ Powered by A.I., Company Aims to Make Selling Easier for Retailers
▼ + stars: | 2023-09-06 | by ( Teri Agins | ) www.nytimes.com time to read: +1 min

The menu filter for “formal dresses” prompted her to choose from 15 criteria like dress length, color, neckline, sleeve length and embellishments. Months later, Ms. Schmelkin — in her role as the chief information officer at J. Crew Group — was introduced to Lily AI, an artificial intelligence-powered platform that began working with fashion retailers in 2019. Intrigued, Ms. Schmelkin did a test run on its product catalog from the company’s Madewell brand. By the time Madewell tried it out, Lily AI had run more than one billion searches, each helping the algorithm become more sophisticated.

Persons: Danielle Schmelkin, ”, Bloomingdales.com, “, Schmelkin —, —, Lily AI, Schmelkin, Lily

☆ The 16 Best Items to Add to Your Registry—and Where to Register
▼ + stars: | 2023-08-17 | by ( Erika Veurink | ) www.wsj.com time to read: +17 min

By Erika VeurinkA wedding registry is a couple’s chance to creatively express the kind of life you hope to create together. If you’re a bride or groom to be, you can easily add a link to these eye-catching utensils to your Zola registry. Add the link to the multipurpose pressure cookware to your registry on Zola, or shop it at Amazon or Walmart. Add this link to your Zola registry (and browse other local gift options) and your guests can send a wedding-week-pick-me-up or gift an ongoing subscription. And if you don’t know where to start, Bloomingdale’s wedding registry checklist will help you narrow down what you need.

Persons: Erika Veurink, Zola, ”, Maria Del Russo, servingware, Simone Silverman, Silverman, Del Russo, “, Margaux, Alexandra Daniel, Daniel, Dyson, Holly Liss Jammet, Jammet, Jones, Great Jones, Tricia Lowenfield, Sarah Swann, napkins Swann, Gregory Blake Sams, You’ll, you’d, Sams, Christolfe, Coffee, Anbouba, Neiman Marcus, Delaney Lundquist, she’s, Lundquist, Lily Sullivan, ” Sullivan, Hawkins, Food52, Sullivan Organizations: New, Margot Magazine, Designs, Zola, Elle, Walmart, ” Investment, ”, Farmers, tote, Courtland, Co, Target Locations: Zola, New York City, Florida, Italy, Flamingo, Los Angeles, Great, York, City, Charleston, S.C, Sur, Charlotte, N.C, Brooklyn, N.Y

☆ 33 non-Prime Day Alternative Sales to Shop from Walmart, Macy’s & More
▼ + stars: | 2023-07-12 | by ( Bellamy Richardson | ) www.wsj.com time to read: +20 min

For these two days, take 25% off select items as well as 15% off select beauty products by using the code CYBER at checkout. Everlane Best of SaleThe deal: Various discounts sitewideLooking to add some classic summer essentials to your wardrobe for the warmer weather? Lands’ End High-Summer SaleThe deal: 50% offHeading to the beach and need a new swimsuit? Our Place Summer SaleThe deal: 20% off select itemsFrom now through July 12, upgrade your cookware collection and take 20% off select items from Our Place for its Summer Sale. Sephora Top Skincare SaleThe deal: Up to 50% off top skincare itemsYou can save up to 50% off top skincare picks through July 15.

Persons: Bellamy Richardson, Alex Mill, “, Cabeau, Peter Thomas Roth, Huckberry, Ripstop, Macy’s, Michael Kors, you’ve, Samsonite, Spinner —, —, LUNA, Pearl Pink, Kate Somerville, grillers, Gray Organizations: Amazon, Amazon Prime, USA, GOLS, Stainless Steel, Macbook, Walmart, Target, Samsung, LG, Sony, LG Smart, Brooklinen, Cabeau, Soho, Rockies, Black, Nike, Nike Air Max, Saks, Saks Fifth, Sale, Sun, Dyson, Lenovo, Thermoworks, Savings, Urban, Big Deal, Urban Outfitters, Party Locations: California, Kalamata, Bone, Zion, Black, Caribbean, Tres, Wayfair, White

☆ 12 things to do when you get the Venture X Card
▼ + stars: | 2023-07-05 | by ( Ariana Arghandewal | Add An Authorized User | ) edition.cnn.com time to read: +11 min

The Capital One Venture X Rewards Credit Card made quite a splash when it launched in 2021. Getty ImagesWhile you’re moving monthly bills to your Capital One Venture X card, don’t forget your cell phone bill. Getty ImagesThe Capital One Venture X card offers a $100 application fee credit towards Global Entry or TSA Precheck. As a Capital One Venture X card holder, you can claim a free PRIOR subscription by navigating to your accounts benefit tab. Join Gravity HausAs a Capital One Venture X card holder, you’ll receive a $300 discount on an annual Gravity Haus membership every 12 months.

Persons: you’ll, it’s, Hertz, you’re, Hilton Organizations: CNN, American Express, Venture, Capital, Hertz, Global, TSA, Getty, Reebok, Bloomingdale’s, GameStop, IHG, Booking.com, Entertainment, The, Francisco’s Legion, Royal Academy of Arts, Gravity, Gravity Haus Locations: New York, London

☆ 24 Best Last-Minute Father’s Day Gifts
▼ + stars: | 2023-05-17 | by ( Sarah Grossbart | ) www.wsj.com time to read: +13 min

Father’s Day is June 19 and you’re still empty-handed, and unless you’re 8 years old, it’s no longer cute or acceptable to turn up with a handmade coupon book. For the golfing dadIf your dad is an avid golfer, an upgrade to his typical apparel is a solid gift choice. For the dad who loves long walksIf dad’s shoe collection is looking a little tired, consider a pair of Birkenstocks. And just in time for the big day, you can get a digital gift card delivered right to his inbox. For the dad who’s the life of the partyThe “king of all coolers” is how Los Angeles-based stylist Alison Deyette describes Yeti’s UV-resistant Roadie 24 Hard Cooler, which makes the polyethylene beverage tote a shoo-in for the best last-minute Father’s Day gift.

Persons: Sarah Grossbart, We’ve, here’s, K, Frank Gehry, Madeleine Albright, Condoleezza Rice, you’ll, Royce, that’s, he’s, Alex Mill, it’s, Warby Parker, Stan Smiths, you’re, Nordstrom, Alison Deyette, “ Severance, Lindsay Roberts Schey, Massager, Roberts, —, who’s, Dan Ariely, Idris Elba, Mindy Kaling, ”, Roberts Schey, Deyette, mignon, ribeye, Ogata, Roberts Shey, Madeline Diamond, Leslie Yazel Organizations: Sporting Goods, Ping, Dick’s Sporting Goods, Nordstrom, Boston, Marine, Adidas, Smart, Club, Craft Beer, Duke University, Hulu, Netflix Locations: U.S, inbox, Los Angeles, Kobe

☆ For Gen Z, Playing an Influencer on TikTok Comes Naturally
▼ + stars: | 2023-05-17 | by ( Sapna Maheshwari | ) www.nytimes.com time to read: +1 min

Rachel Aaron, a 24-year-old who works in public relations in New York, recently dressed up for a work event at Bloomingdale’s. In the era of “get ready with me” videos on TikTok, it was a golden opportunity to create content. Ms. Aaron, who has just 3,300 followers on TikTok, filmed herself chatting to the camera while selecting a black Skims dress, a blazer and a belt. Her post garnered a few hundred views and some favorable comments like “Slay mamas.”Ms. Aaron is not a major social media star, nor is she a celebrity. Among the links is her Poshmark page, where she resells her clothing.

☆ Macy’s CEO Jeff Gennette to Retire, Give Reins to Bloomingdale’s Boss Tony Spring
▼ + stars: | 2023-03-29 | by ( Suzanne Kapner | ) www.wsj.com time to read: 1 min

Macy’s CEO Jeff Gennette, who joined the company in 1983 and took the helm in 2017, will step aside in February. The chief executive of Macy’s Inc. will retire after steering the department-store chain through several crises, handing over its future to one of his lieutenants. Jeff Gennette , a Macy’s veteran who took over as CEO in 2017, will step aside in February, the company said. He faced the rise of Amazon.com Inc. as an apparel rival, fended off an activist investor’s calls to split Macy’s stores from its e-commerce business and managed through the Covid-19 pandemic.

☆ Macy's will have a new CEO. He's from Bloomingdale's
▼ + stars: | 2023-03-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Macy’s (M) CEO Jeff Gennette will retire in 2024, the company announced Wednesday. Gennette, 61, has been Macy’s CEO for seven years. He led the 165-year-old department store chain through the rise of Amazon (AMZN), the Covid-19 pandemic, and industry upheaval. Under Gennette, Macy’s most notably built out its online platform and shifted away from malls. “Thanks to Mr. Gennette, Macy’s isn’t dead or even circling the drain,” GlobalData Retail analyst Neil Saunders said in a note to clients Wednesday.

☆ Macy’s will have a new CEO. He’s from Bloomingdale’s
▼ + stars: | 2023-03-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

Macy’s (M) CEO Jeff Gennette will retire in 2024, the company announced Wednesday. Gennette, 61, has been Macy’s CEO for seven years. He led the 165-year-old department store chain through the rise of Amazon (AMZN), the Covid-19 pandemic, and industry upheaval. Under Gennette, Macy’s most notably built out its online platform and shifted away from malls. But Macy’s has outperformed Kohl’s (KSS), Nordstrom (JWN) and other department store peers in recent years, while Sears, JCPenney and Neiman Marcus have filed for bankruptcy.

☆ Macy's says its holday sales will be on lower end
▼ + stars: | 2023-01-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

Macy’s said Friday its net sales from the holiday quarter will likely be at the low-end to mid-point of its previously issued range of $8.16 billion to $8.4 billion. In last year’s fourth quarter results, Macy’s earned $8.67 billion, above analysts’ forecasts, and had an adjusted earnings per share of $2.45. Macy’s warning may provide an early clue to investors wondering if high inflation has hampered shopping demand during the holidays. US retail sales increased 7.6% during the period between November 1 to December 24 compared to the same time last year, according to the Mastercard Spending Pulse. US retail sales were lower than expected in November, falling 0.6% during the month, which was the weakest performance in nearly a year.

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