Macy 'S Messi Department Expects To Lay Off 2500 People In The 2014 Fiscal Year.

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< p > recent news, the second largest department store group in the United States Macy "sInc. (NYSE:M)" a href= "http://sjfzxm.com/news/index_s.asp" > Messi department store "/a" > January, the 8 day after the closing of the US stock market, the 2014 financial year earnings forecast was released, indicating that earnings per share in the 2014 fiscal year will reach 4.40-4.50 US dollar, higher than the comprehensive forecast of Bloomberg 4.36 US dollars, while the same store sales will increase 2.5-3.0% than the 2013 fiscal year.

Now let's take a look at the details of the world's clothing and shoe net.

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< p > despite the good prospects for revenue, Macy's sInc. (NYSE:M) Messi department store decided to implement a restructuring plan to maintain profitability. The plan includes 2500 jobs, accounting for 1.4% of the total a href= "http://sjfzxm.com/news/index_s.asp" and the total number of employees < /a >, saving 100 million dollars a year.

In addition to < a href= "http://sjfzxm.com/news/index_s.asp" > layoffs < /a >, the group also plans to redistribute and pfer some employees, and hire additional staff for the rapid development of online shopping and storage departments, so that the total number of employees will remain at 175 thousand.

In addition, the group will close five poorly performing stores while increasing eight Macy 's Messi stores and Bloomingdale' s new stores.

The restructuring plan will generate a one-time cost of 1.20-1.35 billion in the fourth quarter.

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RichardJaffe, analyst at P StifelFinancialCorp., praised the Macy's sInc. (NYSE:M) Messi department store for reducing its expenditure by $100 million during its visit to Bloomberg.

Messi, founder of WalterLoeb, a retail consultant, said that spending cuts were a recognition of the technological development of Macy 'sInc. (NYSE:M) department store in Messi, and that the Internet brought many new businesses to it.

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< p > Macy "sInc." (NYSE:M) < a href= "http://sjfzxm.com/news/index_s.asp" > Messi department store share price < /a > soared more than 7% after closing in January 8th. Yesterday, it closed at 51.84 US dollars, down 0.7%, which rose 37% last year and outperformed the 30% increase of the S & P 500 index.

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< p > in the past holiday sales season, Macy 'sInc. (NYSE:M) Messi department store performed well, its sales in the same store in 11 and December increased by 3.6%, and easily defeated Kohl' sCorp. (NYSE:KSS), TargetCorp. (NYSE:TGT) Taghit and J.C.PenneyCo, Inc. (NYSE:JCP) Penny department store and other competitors.

The Group expects the same store sales in the four quarter to grow by 2.5% over the same period last year, and maintain the target of 3.80-3.90 US dollars per share in the 2013 fiscal year.

The group will announce its four quarter results in February 25th.

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< p > Macy "sInc. (NYSE:M)" Messi department store jumped 7% in January 9th, to 7.51% dollars in the deadline 55.73 dollars.

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