Macy’s ‘Encouraged’ By Pilot Programs As Q1 Sales Drop
As Macy’s continues working to stabilize its brick-and-mortar operations, the company reported a drop in comparable store sales in the first quarter.
As Macy’s continues working to stabilize its brick-and-mortar operations, the company reported a drop in comparable store sales in the first quarter.
There’s no retail apocalypse, but long-standing retailers need to find new ways to stay relevant with today’s modern consumers.
Facing competitive headwinds from e-commerce and closeout retailers, Macy’s new CEO Jeff Gennette is focused on growing the company’s core business while also expanding the department store’s efforts in the digital space.
The Jeff Gennette era at Macy’s has officially begun as the department store’s board of directors unanimously elected the retail veteran as the company’s new chief executive officer.
The August 15 edition of HOMEWORLD BUSINESS® revealed the 11th Annual “Players,” people to watch in housewares during the next 12 months.
Macy’s is moving forward with its management succession plan as Jeff Gennette has been named…
Department stores may have backed off consumer electronics years ago, but Macy’s wants another crack…