1. Stores & Formats

Touting off-mall success, Macy’s mulls acceleration of small-store strategy

Written by Posted on Less than 0 min read

CEO Jeff Gennette also said the retailer has closed its most unprofitable mall stores and that 99% of its mall base is now profitable.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Holiday & Events

Target starts Black Friday deals early

The retailer is launching savings three weeks earlier than last year, as consumers are cautious with spending decisions. View Original Article Target Consumers Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Corporate Strategy

Crocs brand chief to retire, CFO steps up

Anne Mehlman, who had returned to Crocs five years ago, takes over from Michelle Poole, who is retiring. View Original Article Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover […]
< 1 min read
0
  1. Stores & Formats

Vuori opens store in Washington, DC’s Georgetown neighborhood

​[[“value”:”The activewear brand joins a number of other DTC brands — including Warby Parker, Allbirds and Everlane — in opening up stores in the area.”]]  View Original Article Brick and Mortar Dept. Apparel Warby Parker RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful […]
< 1 min read
0
  1. Media & Marketing

Best Buy suppliers are picking up the tab on promotions

​[[“value”:”With electronics demand sluggish, vendors are funding price discounts more often to generate sales through the retailer.”]]  View Original Article Marketing: Trade Pricing & Promotions Dept. Nonfood Best Buy Vendors RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Stores & Formats

Simon Property Group trims stake in Forever 21, Brooks Brothers brand-management firm Authentic

The mall REIT is unwinding some of its investment into the retail business, which CEO David Simon has acknowledged is more volatile than real estate. View Original Article Results & Investment Executives Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most […]
< 1 min read
0
  1. Holiday & Events

Kohl’s brings in Babies R Us after rough holiday quarter

The struggling department store is increasingly relying on other brands, including Amazon and Sephora, to draw customers to its stores. View Original Article Amazon Brick and Mortar Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. […]
< 1 min read
0
  1. Shopper & Customer

Amazon extends UPS as option for seller-fulfilled returns

The e-commerce giant previously told merchants the partnership would add convenience and encourage shoppers to buy more. View Original Article Delivery Amazon Partnerships Shoppers Returns RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Corporate Strategy

Adidas CEO: Selling Yeezy designs in the future is ‘not part of our strategy’

Bjørn Gulden said that while the company is legally able to do that, “our task now is to limit the damage … and build a business later without Yeezy.” View Original Article Predictions and Forecasts Executives Strategy Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight […]
< 1 min read
0
  1. Merchandising

Nordstrom, The Folklore Group partner to grow assortment of Black-owned brands

Through the Folklore Connect platform, the retailer will be able to engage with brands founded by people of color.  View Original Article Merchandising Partnerships Inclusivity RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, […]
< 1 min read
0
  1. Trends & External Forces

NRF forecasts ‘healthy’ holiday sales in the face of economic challenges

The trade group predicts year-over-year growth of 6% to 8% and said consumers “remain resilient” even while facing inflation.  View Original Article Consumers Economy Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Stores & Formats

Macy’s to sell Tracee Ellis Ross’ haircare brand online, in stores

The move marks Pattern’s first partnership with a department store and adds to its growing list of retail partners, which include Ulta and Sephora. View Original Article Dept. HBC Partnerships Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Allbirds begins selling on Amazon

​[[“value”:”The sustainability-focused brand expands its sales channels amid a company-wide transformation effort focused on improving profitability. “]]  View Original Article Sustainability Dept. Apparel Amazon RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Merchandising

Kohl’s lays off 60 at corporate headquarters

Many of the affected employees worked in the marketing or merchandising departments, a company spokesperson confirmed. View Original Article Associates Merchandising RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics […]
< 1 min read
0
  1. Operations & Supply Chain

Levi’s slashing prices, cutting Q1 orders by 25% amid inventory deluge

With inventory rising all year, including a 43% surge in Q3, the denim maker is taking drastic measures to get back to normal by Q2 next year. View Original Article Operations & Supply Chain RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Shopper & Customer

Consumers to shop more in stores this holiday: survey

After staying close to home during the height of the pandemic, nearly two-thirds of consumers plan for in-store shopping this season.  View Original Article Thick Data Marketing: In Store Consumers Brick and Mortar COVID19 Holiday & Events RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the […]
< 1 min read
0
  1. Merchandising

Indochino launches its first ready-to-wear suit collection

The custom suiting brand is going after convenience with the new line, and said it plans to expand its ready-to-wear assortment in the future. View Original Article Merchandising Predictions and Forecasts RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Stores & Formats

Eyebuydirect opens first physical location

The online eyewear company opened a 140-square-foot kiosk at The Shops at Mission Viejo in Orange County, California. View Original Article Store Location Marketing: In Store RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Technology & Innovation

Levi’s opens shop-in-shop in Hudson’s Bay

The brand’s 6,600-square-foot shop features tech-enabled fitting rooms and tailoring services. View Original Article Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro cuts half of its SKUs as sales fall 23% in Q4

CFO Gina Goetter said the products represented just 2% of revenue and were duplicative and unprofitable. View Original Article Executives Dept. Toys & Games RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Department: Consumer Durables

Lululemon hires Burberry veteran as chief merchant

Elizabeth Binder spent 12 years at the luxury fashion brand and will report to Chief Product Officer Sun Choe. View Original Article Executives Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
Next