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Macy's is among a group that isn't focusing as intently on core shoppers, according to Gordman. That bunch includes Target, Steinmart (SMRT), ...
Although the image of merchandise spilling off display tables might haunt the nightmares of department store managers, the thought of untouched merchandise ...
In the first quarter, Nordstrom and Saks announced that their department store sales were off but their outlet sales were better, part of a repeating pattern. In the period, ended May 2, same-store sales at Nordstrom department stores slipped 16.5 ...
And in fact customers who shop on line actually buy more in the stores than our customers who buy only in store. Product categories that performed best versus worst suggested that Macy's shoppers are being modest in their spending. ... Macy's Has Wider Loss After Marking Down Merchandise Bloo...
For years, Macy's was the victim of department store brands trading down to the wider audiences reached by mass-market retailers. Brands from Ralph Lauren to Martex sought sales that were shifting to discount stores, warehouse clubs and lower end ...