Macy’s and Luxottica Group Sign Exclusive Agreement To Open LensCrafters Licensed Departments In As Many As 500 Macy’s Stores Over Three Years

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Go back to Macy’s and Luxottica Group Sign Exclusive Agreement To Open LensCrafters Licensed Departments In As Many As 500 Macy’s Stores Over Three Years

Northcoast Research Upgrades Macy's (M) to Buy

November 12, 2015 10:08 AM EST

Northcoast Research earlier upgraded Macy's (NYSE: M) from Neutral to Buy with a price target of $53.00.

For an analyst ratings summary and ratings history on Macy's click here. For more ratings news on Macy's click here.

Shares of Macy's closed at $40.44 yesterday.

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Macy's (M) , Luxottica (LUX) Enter Agreement to Bring LensCrafters to Certain U.S. Macy's Locations

November 11, 2015 8:03 AM EST

Luxottica Group S.p.A. (NYSE: LUX) and Macy's (NYSE: M) announced an agreement to bring the LensCrafters optical retail experience to as many as 500 Macys department stores in the U.S. over the next three years.

The licensed department agreement builds on a successful relationship between the two companies that has resulted in the opening of approximately 670 of Luxotticas Sunglass Hut locations within Macys stores to date. Together, Macys and Sunglass Hut have more than tripled the size of the... More