Terry Lundgren, CEO of Macy’s, took the stand on Monday to testify in the trial of two Macy's lawsuits regarding the deal between JCPenney and Martha Stewart Living Omnimedia Inc. The long-awaited trial began last Wednesday, in New York Supreme Court.

Procter & Gamble name Macy’s chairman, president and CEO Terry Lundgren as the newest member of its board of directors.

For the second year in a row, Macy’s stores nationwide will open at midnight on Black Friday, Friday, Nov. 23.

As a leading retailer, you know what your customer wants, and you’ve done the hard work of building the right assortment, sourcing from the right factories, and making it available in time for the season. Now you need to make sure that your customers can have what they want when they want it.

Macy’s reported Wednesday that same-store sales for the month of May increased 4.2% compared with the previous year. Revenue rose 4.1% to $2.02 billion.

Target's flat apparel and accessories for the month of November reflected a mixed sales environment across the department-store and specialty-apparel sectors as the economy continues to affect discretionary spending.

CVS Caremark has appointed former Macy’s executive Mark S. Cosby as president of CVS/pharmacy, effective Oct. 1.

Macy’s announced that its Karl Lagerfeld capsule collection will arrive in about 235 Macy's stores and on Macys.com beginning Aug. 31.

The day before most retailers report monthly results, Macy’s said Wednesday that same-store sales climbed 7.4% in May and total revenue rose 8.5% to $1.94 billion.

The retail world takes center stage this week as financial markets are poised to dissect a slew of earnings reports from major retailers who will be sharing details on the profitability of holiday sales, perspective on the state of the economic recovery and the outlook for consumer spending during the remainder of 2011.

Target is among the companies scheduled to report, but before its numbers are released on Thursday plenty of competitors will have shed light on their operations. Companies such as Walmart, Macy’s, Home Depot, Office Depot and Barnes & Noble are scheduled to release earnings on Tuesday followed on Wednesday by Lowes, TJX, Limited, Dollar Tree and Chicos. On Thursday, in addition to Target, other companies reporting results include Gap, Safeway, Kohl’s and Sear’s Holdings. JCPenney is scheduled to report on Friday.

Macy’s, Inc. (NYSE:M - News) today announced it will build a major new fulfillment center near Martinsburg in Berkeley County, W.Va., to support the continued growth of its online business. The site is located strategically along I-81, about 80 miles northwest of Washington, D.C.

Macy's is celebrating Hispanic Heritage Month with the launch of its El Encanto Latino campaign ......