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Macy's Inc (M.N)

M.N on New York Stock Exchange

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Fri, May 12 2017

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Nordstrom's comparable sales miss deepens department-store gloom

Nordstrom Inc on Thursday became the latest department store operator after Macy's and Kohl's to report weaker-than-expected quarterly same-store sales, underscoring the industry's struggle to attract customers amid a slump in demand for apparel and a shift to shopping online.

UPDATE 4-Nordstrom's comparable sales miss deepens department-store gloom

* Macy's shares hit 6-yr low in regular trade, weigh on rivals (Adds Nordstrom's earnings; updates shares)

BRIEF-Macy's CFO - Expect improvement in trend to start in Q2

* CFO on conf call- international tourists sales declined at about the same rate as Q1 comp sales

US STOCKS-Wall St to open lower on dismal Macy's results

* Futures down: Dow 49 pts, S&P 6.75 pts, Nasdaq 19.25 pts (Adds details, comments, updates prices)

BRIEF-Macy's reports Q1 adjusted earnings per share $0.24

* Q1 earnings per share view $0.35 -- Thomson Reuters I/B/E/S

Macy's quarterly profit tumbles 39 pct

May 11 Department store operator Macy's Inc reported a 39 percent drop in quarterly profit, hurt by a decline in sales and as higher inventory weighed on margins.

Macy's, Tailored Brands to end tuxedo rental partnership

Department store operator Macy's Inc and Tailored Brands Inc have agreed to wind down operations of a tuxedo rental license agreement, the companies said on Wednesday.

BRIEF-Macy’s, Tailored Brands to wind down partnership on Tuxedo shops

* Macy's Inc- company , Tailored Brands announced their joint plan to wind down operations under Tuxedo rental license agreement

BRIEF-AdCare appoints former treasurer of Macy's Brian Szames to board of directors

* Adcare appoints BRIAN M. SZAMES, former treasurer of Macy's, to board of directors Source text for Eikon: Further company coverage:

BRIEF-Italy's Giglio signs deals with Macy's, Bloomingdale's

* Signed deals with U.S. department stores Macy's and Bloomingdale's

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