Macys Posts

Store Closures Signal a Big Shift in Strategy

Mar 23,2016 — Faai Steuer

Over the past few years, we’ve seen the dissolution of many large brick-and-mortar stores both internationally and in Canada, including Walmart (154 stores), Finish Line (150 stores), Gap (35 stores) and more. While big-box department stores like Nordstrom and Saks Fifth Avenue are expanding, other retailers are closing due to declining sales, high rent and the struggle to compete in an extremely competitive retail environment.

Read More

Black Friday is Big, but Last Minute Gift Shopping is Bigger

Nov 23,2015 — Allan Pulga

The retail industry braces itself every year for Black Friday and how the ritual signals the start of the holiday shopping season, but recent stats from Cardlytics show that its importance pales in comparison to the last few days before Christmas.

Read More

Daily Dose of iQ: Will Apple's iBeacon Be a Retail Game Changer?

Sep 25,2015 — Garett Rogers

Two days ago, when Apple announced its new iPhone models, the company made very little fanfare about a new feature within iOS 7: iBeacon.

Read More

Daily Dose of iQ: Macy's Aims to Offer In-Store Pickup of Online Purchases at 500 Stores By Year-End

Sep 25,2015 — Allan Pulga

Tom Ryan of Forbes reported yesterday (April 3) that Macy's is planning to expand its in-store pickup program from 292 stores to 500 by the close of 2013 as part of its "omnichannel" push.

Read More

Daily Dose of iQ: The Future of Retail Combines In-Store and E-Commerce

Sep 25,2015 — Allan Pulga

I came across an interesting article from L2 the other day (May 1), which made a bold claim: "Macy's will be the most successful retailer of the next five years, not Amazon," wrote L2's Scott Galloway.

Read More