Macy''s Inc. has named Maly Bernstein chief executive of the Bluemercury chain of beauty shops, effective September 13. Bernstein will be based out of the Bluemercury headquarters in Bethesda, Md. and report to Tony Spring, chief executive of Bloomingdale''s. Bernstein was most recently vice president of e-commerce at CVS Health Corp. and has executive experience in the beauty and personal care space. Bernstein succeeds Marla Beck, who has moved on to pursue other opportunities. Macy''s stock has rallied 56.3% for the year to date while the S&P 500 index has gained 16% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Summary List Placement Ad professionals have never been more in demand as a new set of companies guns for a piece of the advertising business. Delivery services and platforms like Instacart , Drizly, and TikTok are hiring top ad execs as they build new ad businesses. Retailers like Walmart, Macy''s, Walgreens, and Home Depot that are setting up retail media platforms to offset thin retail margins. And Amazon is gobbling up adtech expertise to sell a variety of ad formats to brands. The Bureau of Labor Statistics reported in June that the US advertising, public relations and related jobs have grown for the past five months after sinking in January. They''re hiring from media companies, tech giants, and ad agencies, which are already in a hiring crunch . "It is a job seekers'' market agencies are trying to compete with agencies, brands and clients," said Barbara Tejada, the owner of advertising recruiter Mighty Recruiting. "There''s so many jobs out there that it''s hard to get talent." Here are 12 companies, listed alphabetically, and the big ad hires they''ve made recently.
Macy''s Inc. said Monday that it has launched a new private label, And Now This, which will include essential items like tees, denim and casual dresses for men and women. Items are available online and at select stores. Macy''s will host launch events in New York City, Chicago and Ft. Lauderdale, Fla. over the next couple of weeks to introduce the line. Macy''s stock has rallied 42.4% in 2021 while the S&P 500 index is up 13% for the year to date. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Summary List Placement Retail stores across the country are using facial recognition systems in their stores, leading to pushback by groups who say the technology is an invasion of privacy, Axios reported on Monday. Last week, Fight for the Future launched an advocacy campaign against companies using facial recognition, which is often used for security purposes. The software can scan and store the faces of employees and customers usually with the goal of preventing shoplifting and fraud. "Your face should not be scanned, stored, or sold just because you walk into or work at a store," Fight for the Future wrote. "Retailers across the country that are exploring this invasive technology should know that prioritizing profit over privacy is wrong." Proponents of the technology said facial images are not linked to personal data and that the systems can lead to improved shopping experiences, such as contactless payments. The pandemic increased its adoption by retailers as a way to help manage stores with fewer employees, Axios reported.
Face-recognition tech is coming to a store near you, if it''s not there already, and that''s sparking a new wave of opposition. Why it matters: The systems can scan or store facial images of both shoppers and workers. Their use accelerated during the pandemic as retailers looked for ways to prevent fraud, track foot traffic with fewer employees, and offer contactless payments at a time when consumers were wary of interacting with others. Driving the news: More than three dozen advocacy groups launched a campaign late last week to pressure retailers to stop using facial recognition technologies, or to pledge not to use them. "Facial recognition vendors are taking advantage of the pandemic to promote the technology to offer hands-free payments or monitor the distance between people, and stores are promoting them as features for safety and convenience," said Caitlin Seeley George, campaign director for Fight for the Future, which spearheaded the campaign. "But the truth is, you''re giving up so much more than that," she said.
No summary available.
Macy''s is holding an in-person hiring event.
Related Stocks: M ,
Macy''s Inc found using ticker (M) now have 12 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The target price ranges between 27 and 14 calculating the mean target price we have 19.28. With the stocks previous close at 18.26 this now indicates there is a potential upside of 5.6%. The 50 day moving average now sits at 18.62 while the 200 day moving average is 16.26. The market cap for the company is $5,355m. Visit the company website at: /> [stock_market_widget type="chart" symbol="M" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Macy''s, an omnichannel retail organization, operates stores, websites, and mobile applications under the Macy''s, Bloomingdale''s, and bluemercury brands. It sells a range of merchandise, including apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods. As of January 30, 2021, the company operated 727 store locations in 43 states, the District of Columbia, Puerto Rico, and Guam.
The local hiring push is part of a nationwide effort to fill open full- and part-time positions at Macy''s stores.
The once-popular Anne Arundel County mall opened in 1987 and has anchors that include Macy''s and JCPenney.
New York City-based Macy''s (NYSE: M) has announced plans to hire approximately 300 full-and part-time workers at its seven Indiana stores. The department store chain says a majority of the roles are in customer sales and experience team, along with
Macys is holding a national hiring event on Thursday, July 15, at more than 500 Macys stores and fulfillment centers across the country. More than 1,600 jobs will be available in Texas at Macys stores and fulfillment centers from 11 a.m. to 7 p.m, according to a press release from the department store chain. According to Glassdoor.com , salaries for sales associates in Texas average around $10 an hour. Macys did not list salaries on its online job listings. Interested candidates are encouraged to apply online in advance , Macys said. Walk-in applicants are also welcome for in-person interviews on the day of the event. In June 2020, Macys cut 3,900 corporate jobs , roughly 3% of its total workforce, in an effort to cut costs due to the pandemic. Pre-pandemic, in February 2020, the department store chain announced i t will be shuttering 125 stores over the next three years . For more information, you can visit Macys website here.
NEW YORK , July 5, 2021 /PRNewswire/ -- The Empire State Building (ESB) partnered with Macy''s for the second consecutive year for the nation''s largest Independence Day celebration, the 45 th Annual Macy''s 4 th of July Fireworks ® . This year''s show surpassed last year with 65,000 shells launched from five barges in the East River, as well as from the World''s Most Famous Building in the heart of New York City . Equipment load-in and installation for the show began at the Empire State Building on July 2 in preparation for the holiday fireworks that launched from the 72 nd , 86 th , and 103 rd floors. The building was featured during the 25-minute spectacle as thousands of effects launched from the iconic tower. "We feel privileged to Full story available on Benzinga.com
A Queen''s woman is suing American retailer Macy''s, after purchasing a $2,400 mattress, only to be sexually assaulted by one of the deliveryman.
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