This weekend, the Macy’s store in downtown Minneapolis closed for the last time. Yet one of the clearance items shared by a local reporter visiting the store caught our eye. A shelf of engagement rings marked 70% off made us wonder: Would most people want to know if their engagement ring had been one of the last jewelry counter dregs at a store-closing sale? [More]
Judge: Macy’s Still Has A “Protected Interest” In Trademarks Of Retired Stores Like Marshall Field’s
Macy’s doesn’t necessarily want to sell anyone T-shirts bearing the names of department stores it’s bought up over the years, including Marshall Fields’, Lazarus, and six others, but according to a judge’s recent ruling, no one else can legally peddle clothing with those retired brands on them, either. [More]
When Macy’s Inc. swallowed up a slew of department stores across the land — from Marshall Field’s to Filene’s, Abraham & Straus to Jordan Marsh — it rebranded many of them, turning the formerly regional chains into Macy’s stores. But in a new lawsuit brought by the company that echoes a suit from 2011 that was slated to come to trial soon, Macy’s says the California company behind the resurrection of Hydrox and Astro Pops is infringing on trademarks it held for many of those recognizable brand names.
Let’s face it — most world records are utterly pointless, no matter how impressed I am by someone who can pogo stick while balancing a bowl of sulfuric acid on his head. But department store Macy’s and makeup giant Estee Lauder teamed up yesterday for something truly inane — to set the record for most lipstick applications in an hour.
Macy’s has managed to lose $59 million in the first quarter. CEO Terry J. Lundgren says that considering the crappy economy, losing $59 mil isn’t all that bad:
Those die-hard Macy’s hating Marshall Field’s lovers held another protest outside of the flagship Chicago store this weekend. They will never give up. [WBBM]
Chicagoans don’t like change. (Take Wrigley Field, for example, in all its jumbotron-less glory.) Yes, they are a strange, stubborn people who do not eat ketchup on hot dogs and who put the sauce on top of their pizza. And they don’t like Macy’s. Why? Because Macy’s did away with Marshall Field’s.
According to the Chicago Sun-Times, Macy’s has cut their yearly outlook after their second quarter profits dropped 77%. What’s the big problem?
According to Women’s Wear Daily, struggling, Cincinnati-based retailer Macy’s may be the target of a buyout. Despite grand plans to become a nationwide discount department store, Macy’s has been struggling to make any money.