Next week, the auction house will kick off a selling exhibition of jewelry by British artist Hannah Martin and Coldplay’s Guy Berryman.
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

“Stolen: Heist of the Century” is based on “Flawless,” the book about the middle-of-the-night theft, and will debut on Netflix in August.

Emmanuel Raheb shares the top five gifting moments outside of major holidays that jewelers should build marketing campaigns around.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The wholesale trade show’s Luxury Lifestyle section will showcase established and emerging jewelry designers.


The mid-year conference for jewelry and watch appraisers is slated for Aug. 9 to 10 on Zoom.

Graduated stones make for elevated tennis-style pieces and dramatic statement necklaces.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.

The charm necklace features six nautical charms of shells and coral that founder Christina Puchi collected on Florida’s beaches.

The organization elected its youngest vice president as it looks to draw in fresh talent.

Campbell joins the company as vice president of business development while Liebler is the new vice president of operations.

The medals feature a split-texture design highlighting the Games’ first time being hosted by two cities and the athletes’ journeys.

Sponsored by The INSTORE Jewelry Show 2025

Globally, travel and transportation brands reigned, while in the U.S., alcoholic beverage companies and a lingerie brand took the top spots.

The Brooklyn-based jewelry designer is remembered as a true artist and a rare talent.

Production at the mine in Canada’s Northwest Territories topped 1 million carats in Q2, the third consecutive quarter of growth.

A new slate of Learning Workshops will take place in Oklahoma, Mississippi, and Georgia.

The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.

It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.

The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.

The auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.

Jake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.

The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

Eric Ford will step into the role, bringing with him decades of experience.

In addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.