I know things have been far from perfect lately, but that's the situation in the entire retail sector. Several of my former co-workers quit and are now regretting that decision. It was easy to find a new job, but it was impossible to find a new job... — read more
Technology spending is in the wrong place
Have you ever head of "Story" at Macy's? Probably most people haven't. Why would department store spend a lot of money with a concept like "Story" (a unique department that changes every 3 months) when they never (or seldom) promote it in their ads?... — read more
Major cost cutting will be announced soon
CFO Paula Price told investors in early 2019 that the company was preparing a major multiyear cost-cutting program. Macy's hasn't shared details of that effort yet, but will do so – including hard numbers for its expected savings – in early... — read more
Surely M is worth more than this but it needs new leadership to achieve it.
71-0.23 (-1.54%) At close: August 26 4:00PM EDT
Old Macy’s 401k
To all of us who Macy’s laid off over the years, what did you do with your old 401k? I forgot about mine for a few years, it just sat and plan on rolling over to an existing IRA account. I’ve been with my current employer for 2 years now... — read more
Macy's has lost it's appeal to the customer
Has the dust settled yet? If I were Mr. Gennette I would be in hiding after the last earnings release. Your reputation as a company is tarnished by your lack of integrity to your employees and customers alike. Women do not want rhinestones on... — read more
Continued "Path To Growth"?????
Cramer reports Macy's 2Q earnings as poor execution? Macy's should be gaining the JC Penny customer. Walmart and JC penny stocks both increased after their earnings report. Macy's has lost it's unique brand. Go back to the drawing board and... — read more
Macy's executive's frantically buying stock
Hope you guys go broke buying Macy's stock. Jeff is spending his 18% pay increase trying to keep the stock price up.
Macy's stock tanks in pre-market trading on 2Q sales that miss the mark
Bottom line: If a company does not keep great people and encourage them to do their best work in a positive environment it will fail.
Macy's Inc. (M) stock price has been cut in half the past 12 months, but its decline is not over yet, as we could see prices reach the mid-teen
Avoid this retailer on the long side, as M's stock price could drop to the mid-teens in the months ahead.
Macy's Tech: I didn't get laid off, but some of my friends were
Now everything seems shaky. Should I look for another job? My guess is the rest of us will get laid off after Holiday. I miss my laid off friends and wonder if the company considers the human cost of layoffs
Will Declining Stock Price Drive Further Staffing Reductions?
Anyone hearing anything about further region and district staffing reductions heading into the fall season. My Store Manager was expressing her concerns about our one day sales results and the stock price drop today and commented that I should stay... — read more
Macy's Technology didn't lay off anyone with a Form I-140, immigrant petition of an alien worker
For it's layoffs last month, Macy's Technology seemed to consider what type of visa employees had, and no one with a Form 1-140 or a visa that would put their status in the US in danger, was let go.
Global recession headed our way!
Look for massive layoffs as te economy sinks. Macys will not survive!
HEALTH PLAN INFO NEEDED FOR A FRIEND
Does anyone know if ANY of the healthcare plans offered by your company cover HIV/AIDS d–gs like Truvada? We have a church member in the DC area recently diagnosed with HIV.
Fulfillment associates..hours cut
The fulfillment team/ packers all got their hours slashed. Did that happen in your stores? And why?
Macy’s Wedding and Gift Registry Restructuring...
is Macy’s eliminating Wedding and Gift Advisors and Corporate Support Employees?
Technology officer comment
I was told that the chief technology officer told the Lorain contractors not to listen to anyone that has been there more then 5 years....they are corrupted. Interesting comment to make. Reinforces the general opinion here that it will be all... — read more
21 roles -- "Not Severance Eligible"
In the affected employees list (Exhibit A) there are 21 roles that is indicated as "Not Severance Eligible" – what does this mean? Are they really laid off or getting second chance in a different/rehired role?
2Q sales
Does anyone know if the company made sales plan for Q2???
Macy*s Closing Broadway Mall/Commons in Hicksville, New York
This person knew someone that working at the store at the Broadway Mall in Hicksville, New York and said that the homeless use the bathrooms and sleep in there all day. It was supposed to close this year and at around the same time as the store in... — read more
Its finally working
The effort being put into the stores remodeling are driving up market shares. Way to go Macys! Perhaps the big chiefs are getting it right..
Growing 150
Why are they acting like they are reinventing the wheel. You are remodeling stores that have needed it for decades. You are adding back customer service reladed positions and services that where once standard in retail. ie fitting room associates... — read more
Macy's Tech: San Francisco vs Georgia
Interesting that if you search the technology job site, you'll find waaaay more software engineering openings in Georgia than in SF. Well that seems like a bit of writing on the wall https://technology.macysjobs.com/
Stores Closing in 2020
Which stores will be closing in 2020? Has this been announced? Thank you!
Any info on severance?
Any chance somebody is willing to share severance package details from this round with the rest of us? Has Macy's made any changes?
Macy's Systems and Technology layoffs
Please post updates as we learn more about Macy's Systems and Technology layoffs. Thank you!
Layoffs at Macy's continue
Systems and Technology was hit yesterday, with possible more cuts to follow today. Not sure if this will stay localized to MST or if more area's will be hit. Sadly, I think we can all agree that more will be coming at some point, if not this week... — read more
Macys business model is backwards - Let me explain!
** WHERE MOST RETAILERS ARE GETTING IT WRONG** (Why Macys no longer stands out in a crowd of retailers) Most retailers not just Macy's, Have a vision that if they create... — read more
MESSAGE TO SHAREHOLDERS
Reading posts below, you have a Sr. Director, "Big D", that has stated the poorly executed transition to NCR can not be rectified as it should, (bringing back out sourced MST staff), due to obligation to "shareholders" and costs. I ask you this, and... — read more
Really??? MIracle-grow and d---s Sporting goods.! Another lame idea flopping around.. Perfect...
https://footwearnews.com/2019/business/retail/macys-story-outdoor-d---s-sporting-goods-1202801866/ Another useless Macy's Gimmick... Just sell the dang company to Amazon and put us all out of this embracing misery.
HSQ and 800 foot tower
https://www.nytimes.com/2019/07/01/nyregion/macys-tower-herald-square.html
WHAT ARE WE WAITING FOR...!
The time is now..! Right now...! Look the dang boat has already hit the iceberg...! It is all about damage control now and had been for the last 2 years. Except I am noticing no body in upper management is even lifting a finger to plug the holes and... — read more
Coupons, Credit Cards, and Online Orders, Oh My
Any other Sales Managers in the Northwest have a regional visit lately? We had a visit where our store manager thought it would be a good idea for the Sales Managers to present a strategy for hard selling more Macy's credit cards. During the... — read more
Sr. Director Q/A follow up to all the submitters
As listed below I would like to take time to partner and engage with everyone on fail points on this board to give us better insite on resolutions to issues. Promoting internal vs hiring external. It was said that we always hire external for salaried... — read more
Macy's is begging for a Class Action Law Suite
It was stated that reliability would be based on a 13 week average beginning around June 2nd (the actual date kept changing). We began being penalized on the 3rd week. For about 3 weeks we have not been able to print our schedules at the register... — read more
Sr. Dir. here to give highlights and answer Q/A
While some of the post I have been reading are negative there are a few that have some valuable feedback potential. One of the "good things" I see on here are comments and "REAL" feelings that we don't see on the engagement surveys. This gives vital... — read more
It is now clear the transition has been poorly planned
Here we are a couple months after we first heard the news. Those of us who stayed on with NCR can now clearly see that the transition has been poorly planned. System integration is weak, our new management doesn’t understand the business or the... — read more
Mason Credit Center — Not Good
I have worked at this center for years and things have deteriorated terribly recently. They took away our President, HR, and leadership no longer gets it. The culture isn’t the same, we are no longer appreciated and Colleagues are not happy. New York... — read more
Trunk Shows at Neighborhood Stores
With drastic cuts in staff in all departments, the store shrinking the sales floor footprint, customers bringing clothing/shoes/purses to the Fine Jewelry counter to get rung out, and customer traffic greatly reduced as a result of the transition to... — read more