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For the second-straight month, retail sales exceeded estimates.
Macy's is set to celebrate the grand opening of Bloomie's on Nov. 14, 2024, introducing an exclusive all-women's assortment to the Central Jersey community.
Macy's (M) reachead $15.64 at the closing of the latest trading day, reflecting a +1.69% change compared to its last close.
The Fourth Bloomie's Location is set to open at The Grove in Shrewsbury on November 14 NEW YORK , Oct. 15, 2024 /PRNewswire/ -- Today Bloomingdale's announces the fourth Bloomie's store format is set to open on November 14, 2024 in The Grove Shopping Center in Shrewsbury, New Jersey. This location will be the first of its kind to carry an all-women's assortment, including a highly curated collection of contemporary ready-to-wear, inclusive of complementary accessories, beauty, and the most elevated expression of fine jewelry to date.
Highlights: Positive National Instrument 43-101 ("NI 43-101") Preliminary Economic Assessment ("PEA") for the BamaStar Mine and Concentrator Plant in Coosa County, AL and a value-add upgrading plant in Mobile, AL. The natural flake graphite concentrate precursor material for the value-add plant will come from South Star's BamaStar and Santa Cruz Mines, which is now in Phase 1 operations in Brazil.
Amazon, Target, Macy's and Bath & Body Works are included in this Analyst Blog.
In the most recent trading session, Macy's (M) closed at $15.45, indicating a +1.51% shift from the previous trading day.
Macy's, Inc.'s CAGR is -17.70%, with a ten-period moving average CAGR of -5.37%, indicating a significant decline. Net sales have decreased in seven of the last ten years, with the latest report showing the second-weakest year since 2020. Despite declining metrics, Macy's management has introduced a restructuring plan titled "A Bold New Chapter" to revitalize the company.
Macy's (M) closed the most recent trading day at $15.37, moving +0.13% from the previous trading session.
The retailer's annual campaign will benefit its two long-standing partners, the Breast Cancer Research Foundation and the Tutu Project NEW YORK , Oct. 1, 2024 /PRNewswire/ -- To mark Breast Cancer Awareness Month and as part of its annual Pink Campaign, Bloomingdale's today launches a new AQUA x Kerri Rosenthal collection . For the past 19 years, and in partnership with the Breast Cancer Research Foundation (BCRF) and The Tutu Project, Bloomingdale's has raised over $18 million through activations that span stores across the U.S. and online.