The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
Macy’s gets into the off-price business
The retailer will open four Macy’s Backstage stores this fall in the New York City area that will sell marked-down merchandise, including jewelry.
New York--Macy’s has announced that it will launch an off-price division called Macy’s Backstage this fall, beginning with four pilot stores in the New York City area.
Each location will be about 30,000 square feet and offer an assortment of products including fine jewelry as well as clothing, shoes, fashion accessories and housewares. The merchandise will be a mix of clearance products from regular Macy’s stores and special discounted buys from specific brands.
The stores also will have amenities such as free Wi-Fi, and one location also will test a café concept, Macy’s said.
The retailers is expected to hire about 30 staff associates for each.
The pilot stores will be located in the following neighborhoods:
--Sheepshead Bay, Brooklyn, N.Y.;
--Queens Place, Elmhurst, Queens, N.Y.;
--Lake Success Shopping Center, New Hyde Park, N.Y.; and
--Melville Mall, Huntington, N.Y.
“We believe we can deliver a whole new level of value to customers who appreciate fashion and love to hunt for a bargain,” said Peter Sachse, Macy’s chief innovation and business development officer. “Macy’s Backstage stores will be designed to surprise and delight customers with continuously updated and fresh merchandise assortments focused on delivering current fashion with incredible prices, day-in and day-out, and enthusiastic sales associates.”
Macy’s currently operates about 885 full-line Macy’s stores across 45 states and Washington, D.C.
The company has indicated that its new off-price business is a key growth initiative for it, aligning it with a number of other major high-end and mid-tier retailers that have been putting more focus on their outlet divisions, including Saks and its Off 5th stores, Nordstrom with Rack and Signet Jewelers Ltd. with its new Jared Vault concept and the acquisition of the Ultra outlet chain.
The Latest
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
It’s the second year for the event, slated to take place in October in Toronto.
Supplier Spotlight Sponsored by GIA
Sales will be paused while the relocation takes place over the next few months.
“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
The retailer is moving to a newly designed space in the same shopping center.
Gifts that are unique and thoughtful are top of mind this year, according to the annual survey.
The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
The two organizations will host a joint event, “Converge,” in September 2025.
Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
The announcement came as the company reported a 23 percent drop in production in Q1.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.