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Macy’s

Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says
Macy's Employee Hid Up To $154M In Expenses Since 2021, Company Says A Macy’s employee misstated up to $154 million in delivery expenses over several years, the company just said. The development forced the retailer to delay its third-quarter earnings report. The employee, whose name has not been released, has been fired. According to the company, the employee responsible for accounting small package delivery expenses made erroneous accrual entries to conceal the costs from the fourth quarter of 2021 through the most recent quarter. During that time, Macy’s reported a total of $4.36 billion in delivery expenses. The company conducted an independent investi…
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…
Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards
Nearly 50K Massage Guns Sold Nationwide Recalled Due To Fire, Burn Hazards Nearly 50,000 massage guns sold at major retailers across the country are being recalled due to more than a dozen reports of overheating and a burn injury. The US Consumer Product Safety Commission (CPSC) announced this week that Homedics is recalling tens of thousands of personal massagers that ca overheat while charging, leading to a report of fire or burn risk.  In total, approximately 46,000 are being recalled in the US, and another 41,000 in Canada, according to federal officials. The recall includes "HoMedics Therapist Select Massagers" with model number HHP-715 and a 120 VAC, 6…
Owners Looking To Transform Mall In Westchester County Owners Looking To Transform Mall In Westchester County
Owners Looking To Transform Mall In Westchester County The owners of a Westchester County mall are teaming up with prominent real estate players to turn the site into a mixed-use residential and commercial development.  The owners of The Galleria at White Plains located at 100 Main St. (Route 119), Pacific Retail Capital Partners (PRCP) and Aareal Bank, are teaming up with real estate developers SL Green Realty Corp. and the Cappelli Organization to transform the mall, according to an announcement by PRCP from Thursday, Nov. 3.  The 870,000-square-foot Galleria opened in 1980 in downtown White Plains and is near a major mass…
Macy's Thanksgiving Day Parade To Return With Spectators This Year Macy's Thanksgiving Day Parade To Return With Spectators This Year
Macy's Thanksgiving Day Parade To Return With Spectators This Year The Macy's Thanksgiving Day Parade is set to return this year with spectators and giant helium balloons. It will be on Thursday, Nov. 25 beginning at 9 a.m. and televised on NBC. Macy's made the announcement on Wednesday, Sept. 8, saying that public viewing will return in New York City for its 95th annual event. Last year, the parade was scaled back due to the COVID-19 pandemic, and turned into a made-for-television event.  “For our 95th celebration, we are delighted to return this cherished holiday tradition closer to its original form as we march down the streets of New York City an…
Macy's Thanksgiving Day Parade To Return 'Live' This Year Macy's Thanksgiving Day Parade To Return 'Live' This Year
Macy's Thanksgiving Day Parade To Return 'Live' This Year The Macy's Thanksgiving Day parade is returning to the streets of New York City for its 95th celebration after being curtailed last year due to the COVID-19 pandemic. Macy's made the announcement on Wednesday, Sept. 8, saying the parade will be delight crowds once again on Thursday, Nov. 25 beginning at 9 a.m. This year's parade will feature the signature mix of giant character helium balloons, fantastic floats, marching bands, performance groups, celebrities, clowns, and the one-and-only Santa Claus, Macy's said. “We are thrilled to welcome back in its full form the Macy’s Thanksgiving D…
Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online
Look Who's Coming Back: Toys 'R' Us Will Be Making Comeback Inside Macy's Stores, Online After closing its stores years ago, Toys "R" Us is set to make a comeback through a new partnership with Macy's. Shoppers will once again have the chance to browse the shelves for Toys "R" Us toys at shop-in-shops set to begin rolling out at more than 400 Macy's stores in 2022, according to an announcement from Macy's on Thursday, Aug. 19. The toys are also currently available on the Macy's website. Shoppers can search for products based on age, kind of toy, character and brand, Macy's said.  “As a Toys 'R' Us kid, I could not be more excited to bring this beloved brand that so many of o…
Victim In Danbury Mall Shooting May Have Been Involved In Melee, Police Say Victim In Danbury Mall Shooting May Have Been Involved In Melee, Police Say
Victim In Danbury Mall Shooting May Have Been Involved In Melee, Police Say A 15-year-old who was shot inside a Fairfield County mall was likely part of the altercation that took place between at least eight people with another group, according to authorities.  The teen, who remains unidentified, has been transferred to Connecticut Children's Hospital and is in stable condition, said Danbury Police Chief Patrick Ridenhour. Police had originally reported her age as 16. The shooting took place around 7 p.m., Wednesday, Aug. 11, near the entrance to Macy's at Danbury Fair Mall, Ridenhour said. One person, described as a tall, thin male with dreadlocks who may be…
Danbury Mall Placed On Lockdown After Girl Injured In Shooting Danbury Mall Placed On Lockdown After Girl Injured In Shooting
Danbury Mall Placed On Lockdown After Girl Injured In Shooting Click here for an updated story: Victim In Danbury Mall Shooting May Have Been Involved In Melee, Police Say A teenage girl was injured after shots were fired during an incident at the Danbury Fair Mall overnight. The incident happened around 7 p.m. Thursday, Aug. 11. The victim, a 16-year-old, suffered the gunshot wound to her upper chest and was described as being conscious and alert, according to Danbury Police. She was taken to Danbury Hospital. The incident happened near Macy's. The mall was immediately placed on lockdown as police officers cleared the building. Police sai…
New Closure Announced For Macy's Store In Westchester New Closure Announced For Macy's Store In Westchester
New Closure Announced For Macy's Store In Westchester A Macy's store in Westchester County will be closing its door as part of the company's restructuring strategy. On Wednesday, Jan. 6, the company announced it will close the Macy's location at the Galleria mall in White Plans, said Carolyn Ng Cohen, director of medial relations. The closure is part of the company’s strategy announced in early 2020, she added.  Macy's has shared the closure information with store employees and will work to help find them jobs at nearby Macy's store.  "Regular, non-seasonal colleagues who we are unable to place at nearby Macy’s store will be eligible fo…
Some NYC Businesses Board Up Ahead Of Election Day Some NYC Businesses Board Up Ahead Of Election Day
Some NYC Businesses Board Up Ahead Of Election Day Some New York City business owners are preparing for potential unrest due to the 2020 presidential election and are taking steps to ensure their storefronts are safe from potential civil disturbances. With what is expected to be one of the most heated elections in history, some store owners in parts of Manhattan have boarded up windows and doors in case there are any demonstrations in advance of voting on Tuesday, Nov. 3. Related story - Here's Percentage Of Americans Who Say 2020 Election Day Will Be Most Stressful Of Their Lives According to reports, among the businesses to begin boardin…
COVID-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company' COVID-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company'
Covid-19: Macy's Cuts 3.9K Corporate, Management Jobs; CEO Says 'We Will Be A Smaller Company' Macy's is eliminating 3,900 corporate and management positions, about three percent of its total workforce, in a move to cut costs amid a steep decline in revenue during the novel coronavirus (COVID-19) pandemic. It's also reducing staffing across its stores, supply chain and customer support network, the company announced Thursday, June 25. Macy's says it will adjust staffing as sales rebound. “COVID-19 has significantly impacted our business. While the re-opening of our stores is going well, we do anticipate a gradual recovery of business, and we are taking action to align our cos…
Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide
Victoria's Secret, Bath & Body Permanently Closing Stores Nationwide Victoria’s Secret will permanently close about 250 stores in the United States and Canada this year, parent company L Brands announced.  Ohio-based L Brands did not detail the closure locations, but there are 1,635 stores nationwide.  L Brands also announced that 51 Bath & Body Works stores in the U.S. and Canada will close this year.  The popular retail chain joins others in announcing permanent store closures in recent weeks including J.Crew, Neiman Marcus, JC Penney, Macy's and Pier 1, accelerated by the coronavirus pandemic.  L Brands said it is evaluating all …
COVID-19: Macy's To Furlough Most Of Its 130,000 Workers COVID-19: Macy's To Furlough Most Of Its 130,000 Workers
Covid-19: Macy's To Furlough Most Of Its 130,000 Workers Having lost most of its sales amid the novel coronavirus (COVID-19) pandemic, Macy's says it will furlough most of its workforce of 130,000, which includes its subsidiary retailers Bloomingdale’s and Bluemercury. Macy's made the announcement on Monday, March 30, about two weeks after all its stores closed on Wednesday, March 18 due to the outbreak. "While the digital business remains open, we have lost the majority of our sales due to the store closures," Macy's said in a statement.  Macy's said it's already taken measures to maintain financial flexibility, including suspending t…
COVID-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores COVID-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores
Covid-19: Macy's, Bloomingdale's, Nordstrom To Close All Stores Three of the nation's largest retailers -- Macy's, Bloomingdale's and Nordstrom -- will be closing their stores temporarily due to the spread of the novel strain of the coronavirus (COVID-19). Macy's said it would close all stores, including Bloomingdale's locations, at the end of the business day on Tuesday, March 17 through Tuesday, March 31. That's the same time frame for Nordstrom's scheduled closure. Online stores for all three will stay open.  "The health and safety of our customers, colleagues and communities is our utmost priority," said Jeff Gennette, chairman and chief …
Macy's To Close 125 Stores While Launching New Smaller-Format Outlets Macy's To Close 125 Stores While Launching New Smaller-Format Outlets
Macy's To Close 125 Stores While Launching New Smaller-Format Outlets Macy's has announced it plans to close 125 stores over the next three years and slash about 2,000 corporate jobs while launching new smaller outlets. Macy’s, which has shut down more than 100 stores since 2015, said it will exit weaker shopping malls while changing its focus to opening smaller-format stores in strip centers called Market by Macy’s. This new format is smaller than an average Macy’s store and will be located off-mall in lifestyle centers," said Jeff Gennette, chairman and chief executive officer of Macy’s, Inc.  "Market by Macy’s will feature a mix of curated Macy…
Macy's To Close Two More New York Stores Macy's To Close Two More New York Stores
Macy's To Close Two More New York Stores More traditional brick-and-mortar retail stores are set to shutter their doors as online shopping continues to corner the market for shoppers. Just after Pier 1 announced plans to close hundreds of stores nationwide, Macy’s announced that it will be closing more than two dozen stores in the coming months, including two in New York State. Both of the New York locations are on Long Island. According to Macy’s, a Nassau County location at the Broadway Mall in Hicksville and a Suffolk County location on Vets Highway in Commack are among 28 nationally that will be closing their doors as soon as …
Route 59 Kohl's Plaza Sells For $27M Route 59 Kohl's Plaza Sells For $27M
Route 59 Kohl's Plaza Sells For $27M The Kohl’s Plaza on Route 59 in Nanuet has reportedly been sold to a private investor for more than $27 million. The 157,218-square-foot plaza sits on 15.8 acres of property, according to loop real estate firm Loopnet. Current tenants at the plaza include Kohl’s, 94,260-square-feet); Rockland Music Center (2,500); Mattress Firm (5,175); Sally’s Beauty Supply (1,500) and GameStop (1,750). Bob’s Discount Furniture (37,380-square-feet) - also in the same plaza, was sold last month to an LLC associated with Patrick Magee of MBC Contractors. The sale of Kohl’s Plaza continues the recent upheava…
Trio Caught Shoplifting $1.1K Worth Of Merchandise From Macy's Trio Caught Shoplifting $1.1K Worth Of Merchandise From Macy's
Trio Caught Shoplifting $1.1K Worth Of Merchandise From Macy's Three people were nabbed for allegedly shoplifting more than $1,000 in merchandise from the Yorktown Macy's. Channon Powell, 35, of Newburgh, Maurice Williams, 38, of Monticello, and Evelyn Cruz, 32, of Wallkill, were arrested on Monday, Oct. 28, after police received a report of a grand larceny theft from Macy's, said the Yorktown Police. After receiving the report, Yorktown officers spotted the suspect's vehicle on Route 6 and stopped them on Mahopac Avenue, police said. An investigation was conducted, and police say the trio allegedly left the store with $1,010.00 in merchandise without…
Fairway Market Store In Area Will Close Fairway Market Store In Area Will Close
Fairway Market Store In Area Will Close The rumor is true, a Fairway Market store in the area is closing its doors. Area shoppers had wondered for weeks if the store, located at the Shops at Nanuet, was closing after fewer items filled the shelves and rumors circulated on various Facebook pages. On Tuesday, Sept. 24, the grocer made it official by posting a sign on the front door announcing it will close for good on Wednesday, Sept. 25. The sign says: "We truly appreciate your business and loyalty over the last six years and have had the greatest pleasure being a part of your community and serving you.  "It wasn’t an easy …
Off-Duty NYPD Sergeant Accused Of Stealing Clothes From Macy's In Westchester Off-Duty NYPD Sergeant Accused Of Stealing Clothes From Macy's In Westchester
Off-Duty Nypd Sergeant Accused Of Stealing Clothes From Macy's In Westchester An off-duty NYPD sergeant was nabbed for allegedly stealing more than $300 worth of merchandise from Macy's in Westchester. Sgt. Eva Pena, 41, was arrested at 8:11 p.m., Tuesday, Sept. 3 at the store at the Cross County Shopping Center in Yonkers, based on a complaint from Macy's loss prevention officer, said Yonkers Det. Sgt. Dean Politopoulos. According to Politopoulos, Pena was allegedly caught attempting to leave the store with approximately $359 of unpaid merchandise in her purse. Pena, who is assigned to the Bronx Public Housing Unit, has been suspended. She was charged with petit l…
Missing 77-Year-Old Man Found Missing 77-Year-Old Man Found
Missing 77-Year-Old Man Found Update: The 77-year-old man who went missing in Nanuet has been found, Clarkstown Police announced Wednesday morning, March 13. Ralph Cabo has been reunited with his family, Clarkstown Police said. Original report: A 77-year-old man has gone missing in the area and authorities are asking the public's help in locating him. At the request of the Clarkstown Town Police Department, a New York State Missing Vulnerable Adult Alert has been issued relating to the disappearance of Ralph Cabo. Cabo, who is 5-foot-10, 170-pounds and bald with brown eyes, was last seen wearing a gray sweatshi…
Macy's Store In Area Scheduled For Closure Macy's Store In Area Scheduled For Closure
Macy's Store In Area Scheduled For Closure Macy's fans will soon have one less store to shop at when one of its locations in the area closes its doors early next year. The decision to close the location in Rockland at the Shops at Nanuet was made following a review of the company's holdings. “Macy’s, Inc. has been reviewing its real estate portfolio across the country to see if there are opportunities to improve the use of our assets," said Emily Hawkins, director for Macy's Northeast Media Relations. "After careful consideration, Macy’s has decided to close the Nanuet, NY, store in early 2019." A clearance sale will begin in mid-J…
Facebook Opens Pop-Ups In Macy's Stores Facebook Opens Pop-Ups In Macy's Stores
Facebook Opens Pop-Ups In Macy's Stores While traditional brick-and-mortar retail locations continue to survive on life support, social media giant Facebook is going in the opposite direction, opening a series of pop-up stores at Macy’s throughout the country. Facebook is opening small business pop-up locations at nine Macy’s stores, marking the social media giant’s first foray into traditional retail sales. The stores will highlight nearly 100 brands that are sold and popular on social media, allowing entrepreneurs the opportunity to expand their businesses. The stores will be open through the holiday season, and housed in “The …
Doing For Others Was Life Of Former Bergen Woman, 80 Doing For Others Was Life Of Former Bergen Woman, 80
Doing For Others Was Life Of Former Bergen Woman, 80 FAIRVIEW, N.J. -- Fairview native Marilyn B. Mays worked in customer service for two decades and spent even more time contributing to her community -- be it in Cliffside Park, Paramus or her more recent Jersey Shore community. Mays, 80, died at her home earlier this month. Born in Fairview, Mays was a proud graduate of Lincoln School. She later moved to Cliffside Park and was graduated from the high school. She and her husband, Lawrence, lived in Paramus for 43 years before moving to River Pointe in Manchester 10 years ago. Mays worked for the New York Telephone Company and, after raisi…