Macy's Focus on Fresh Product Lines and Improved Customer Experience Begins to Show Results
9 Articles
9 Articles
Macy’s sees first increase in same-store sales since 2022
Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and improving the customer experience. Comparable-store sales are considered a good barometer of a retailer’s health and, for the last three years, they had been been a reminder that the storied department store chain had a long way to go. Macy’s reported an 0.8% i…
Macy's focus on fresh product lines and improved customer experience begins to show results
Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and improving the customer experience
Macy’s Resurgence Driven by Affluent Shoppers and Luxury Focus
In the ever-shifting world of retail, Macy’s Inc. is staging a notable resurgence, propelled largely by affluent consumers who are proving resilient amid economic headwinds. Recent earnings reports reveal that shoppers with household incomes exceeding $100,000 now constitute more than half of Macy’s customer base, a demographic shift that’s bolstering sales and providing a buffer against potential tariff-induced price hikes. This pivot toward hi…
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