Macy's Grows Second-Quarter Sales 3 Percent

CINCINNATI-Second-quarter sales for Macy's Inc. totaled $6.1 billion, up 3 percent from the retail company's sales in the second quarter of last year.

Same-store sales for the quarter were up 3 percent as well, according to a statement reporting both the second-quarter results and sales for July. Macy's said its online sales in the quarter, which ended on July 28, rose 36.1 percent.

"Despite some challenges from a sluggish macroeconomic environment and a temporary disruption of sales from the remodeling project at our Herald Square flagship store in New York City, the spring season met our expectations," said Terry Lundgren, Macy's chairman, president and CEO.

Macy's is scheduled to report its full second-quarter results on Aug. 8.

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money