Sponsors
Billabong ▲ +0.030 | PPR ▼ -2.50 | American Apparel ▲ +0.002 | The Buckle ▲ +1.58 | Columbia ▼ -0.36 | Deckers Outdoor ▲ +0.68 | Dicks ▼ -0.31 | Foot Locker ▲ +0.81 | Genesco ▲ +1.00 | Iconix Brand Group ▲ +0.08 | Jarden Corp ▼ -0.04 | Nordstrom ▲ +1.16 | Luxottica ▼ -0.34 | Nike ▲ +0.35 | Pacific Sunwear ▲ +0.08 | Skullcandy ▲ +0.86 | Sport Chalet - 0 | Urban Outfitters ▲ +2.08 | VF Corp ▲ +0.72 | Quiksilver ▲ +0.04 | Zumiez ▲ +1.53 | Macys ▲ +0.88 | Tillys ▲ +0.07 |
Ticker Sponsor
Readers Say
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
The one, undisputed leader
The one, undisputed leader

It is common knowledge in our industry that there is one undisputed leader in reporting on the topics, businesses and trends that impact all of us the most, and it is shop-eat-surf.com. Their access to those who make our industry happen is second to none, and we value not only the content of their reporting but the editorial thought on what it all means both in the present as well as the future. If we were asked to give a rating, it would be five out of five stars.

- By Craig Levra, CEO, Sport Chalet
Industry Insight

SIA SNOW SHOW: New "Industry + Intelligence" seminar on January 28.
FSG LAWYERS: Represented Brixton in recent transaction with Altamont Capital.
Details on Industry Insight.


Tiffany Montgomery
Print This Article

Interesting details from Macy's call

By Tiffany Montgomery
August 14, 2008 7:58 AM

Macys home storeA few details of note came through on the Macy's second quarter earnings conference call yesterday, including:


- While same-store sales fell 2.1 percent during the quarter and total sales fell 3 percent, Macy's executives are happy they are outperforming other department store competitors.


- The strongest regions were the Northeast and Texas while the West and upper Midwest were weak.


- The best categories were jewelry, cosmetics, shoes, men's furnishings, men's collections, housewares and mattresses.


- Weak categories included ready to wear, intimate apparel, men's classification sportswear, children's, textiles and tabletops.


- Macy's expects the third quarter to be weaker than the fourth quarter.


- Bloomingdale's is still one of the company's best performers.


- Macy's is ordering conservatively for spring.


- There are no major plans to close a significant number of stores.


- While ready-to-wear has not been performing well, there are a few bright spots: denim, skinny jeans, vests, knit tops and the tunic silhouette. Dresses have also improved.

 

 


Articles You Might Have Missed