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Macy’s Navigates Turbulent Retail Waters With Closures, Luxury Shift, and Activist Investors
Sales, Money Matters, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/27/24 Sales, Money Matters, Marketing Approach, High Tech / High Touch Jennifer Joslyn 2/27/24

Macy’s Navigates Turbulent Retail Waters With Closures, Luxury Shift, and Activist Investors

Macy’s announced plans to shutter 150 stores over three years and 50 by the end of 2024 following a fourth-quarter loss and declining sales.

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Macy’s Department Store is creating mini distribution centers
Sales, Money Matters Jennifer Joslyn 11/23/22 Sales, Money Matters Jennifer Joslyn 11/23/22

Macy’s Department Store is creating mini distribution centers

As part of the retailer’s goal to expand its supply chain network, Macy’s is utilizing the space within 35 of its stores to handle shipments as the holiday season approaches.

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Macy’s is the retailer at the top as peak season approaches
Sales, Money Matters Jennifer Joslyn 11/4/22 Sales, Money Matters Jennifer Joslyn 11/4/22

Macy’s is the retailer at the top as peak season approaches

While many of the retailer’s main competitors deal with a near-crippling inventory glut, Macy’s has taken a different approach to its inventory management strategy.

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