Bloomingdales news and archive

Macy's posts profit, raises full year forecast

Macy’s For the first quarter, Macy’s Inc. reported diluted earnings per share of 32 cents and adjusted diluted earnings per share of 39 cents. The company said, adjusted diluted earnings per share for the quarter exceeded first quarter 2019 by 4 cents. The company’s posted net income of 103 million dollars. Excluding asset sale gains, comparable...

Retail

Bloomingdale's announces a clothing rental subscription

Bloomingdale's is the latest retailer to throw its hat into the clothing rental ring. The luxury department store has announced that a new subscription service to rent designer womenswear will launch through its e-commerce site in September. Called “My List at Bloomingdale’s," the service will cost 149 dollars per month and allow subscribers to...