Article
| JUL 22, 2022
Macy’s, Nordstrom bet on smaller stores as shoppers move away from malls: Department stores are taking a localized approach to reach more consumers and speed up fulfillment.
Forecasts
| JUN 1, 2022
Report
| MAR 8, 2022
Here’s how ad buyers ranked the retail media networks of 11 major retailers—Amazon, Best Buy, Costco Wholesale, eBay, The Home Depot, Instacart, Kroger, Macy’s, Target, Walmart, and Wayfair—according to the attributes they value most.
Forecasts
| DEC 17, 2021
Article
| MAR 23, 2022
Clashes between retailers and activist investors are heating up: Kohls, Macy’s, and grocer SpartanNash are some of the companies pushing back against investor demands.
Article
| JUL 26, 2022
August 2021: When Toys R Us and Macy’s partnered to bring the Toys R Us brand back with an online store and plans to roll out shop-in-shops in over 400 US Macy’s locations. 15 times: How much higher Macy’s toy sales were in the first quarter of 2022 compared to the period prior, attributed to the retailer’s Toys R Us partnership, leading to the rollout of shop-in-shops in every Macy’s US location. $199.05
Article
| JUL 25, 2022
The big takeaway: The resiliency of the toy category makes it an attractive area of investment for retailers, particularly those like Target and Macy’s that are struggling to adapt to shifting consumer demands. Macy’s is bringing Toys R Us-branded shops to all of its US stores to help it attract more dollars this holiday season.
Report
| MAR 31, 2022
Macy’s and Nike tied for second in total number of features offered, with 33 each, but Macy’s outperformed Nike by providing more of the features that apparel buyers were most interested in. Macy’s tied for first in two categories: Payments (in a three-way tie with Dick’s Sporting Goods and Walmart) and Search and Filtering (where it tied with Kohl’s).
Article
| JUN 17, 2022
The trend: Retailers like Macy’s, Asos, and Boohoo are struggling with a rising tide of returns as consumers adjust their spending patterns amid rising inflation and revert to pre-pandemic habits. The stats:. UK fashion retailer Boohoo said its returns rate was 4% to 6% higher for the quarter ended May 31 than before the pandemic as consumers bought more form-fitting dresses than athleisure.
Article
| JUL 27, 2022
Macy’s is opening more smaller-format stores as it adjusts its retail footprint away from malls to accommodate changing consumer behaviors. The big takeaway: An extremely unusual set of circumstances spurred by the pandemic has created the current tight commercial real estate environment.
Report
| MAR 9, 2022
Macy’s produced strong growth, but many of its physical locations were closed for large portions of 2020 due to public health lockdowns, so its 2021 figures were coming off a low base. Lowe’s also grew its click-and-collect sales at a healthy clip, but no more so than its overall ecommerce.
Report
| MAY 25, 2022
Macy’s Media Network, launched in August 2020, is already generating more than $35 million annually with what CEO Jeff Gennette billed as “a new fashion and beauty publishing model” in a recent earnings call. Nordstrom began testing retail media in 2019 with off-site campaigns for brand advertisers.
Article
| MAY 27, 2022
Many of the retailers that thrived—including those in apparel (Nordstrom, Macy’s, Express), activewear (VF and Deckers), and beauty (Ulta Beauty)—benefited from people returning to travel and in-person events who wanted to update their wardrobes and make themselves up.
Report
| MAR 21, 2022
The company’s sales will exceed those of major players in categories with mature ecommerce sales levels, like Best Buy, Wayfair, and Macy’s. This year, Carvana will account for more than 22% of US ecommerce sales in the auto and parts category.
Article
| MAY 12, 2022
Reebok is making more of its products available at Macy’s, and will also develop exclusive items for the retailer, parent company Authentic Brands Group said.
Article
| JUL 26, 2022
Article: Macy’s, Nordstrom, and other department stores go local. Article: Customer experience beats corporate values as a purchase driver.
Article
| MAR 2, 2022
To help attract and retain workers, retailers including Target, Macy’s, and Costco are boosting store and supply-chain workers’ pay. More on this: While many large retailers are increasing wages, those increased costs haven’t hurt their bottom lines, per The Wall Street Journal.
Article
| MAY 27, 2022
Macy’s Media Network, launched in August 2020, is already generating more than $35 million annually with what CEO Jeff Gennette billed as “a new fashion and beauty publishing model” in a recent earnings call. Nordstrom began testing retail media in 2019 with off-site campaigns for brand advertisers.
Report
| AUG 3, 2021
For example, in its fiscal Q1 2021 (ended May 1, 2021), Macy’s credit cards grew their share of purchase sales but only generated $159 million in net revenues, down from $172 million prior to the pandemic.
Article
| JUN 23, 2022
Many retailers' profits may take a hit from holding sales and discounting unwanted products—Target, Macy’s, and Walmart, for instance, have had to mark down prices on vast excess inventory, cancel orders, and pay more for inventory storage. Inflation: Consumers are still keeping up with essential purchases. But savings rates are the lowest they've been since the Great Recession.
Article
| APR 8, 2021
Buy now, pay later (BNPL) services have emerged in recent years as more retailers, including Walmart and Macy’s, began offering consumers financing options when checking out.
Report
| FEB 23, 2022
Ticketmaster and Macy’s were among the pandemic rebound stories. After plummeting in 2020 with live events virtually nonexistent, Ticketmaster surged 688% last year to 46.2 million visitors. Meanwhile, Macy’s also made a nice comeback with an 18% jump to 51.6 million. Some sellers benefited from the “new normal.” A few top retailers mostly maintained their massive pandemic-driven gains from 2020.
Report
| MAY 19, 2022
Macy’s. The department store chain sells its own beauty box. In 2019, it was reported that Macy’s was also exploring a subscription apparel offering, but that has yet to materialize. Chewy. The massive ecommerce pet food retailer relies heavily on subscription orders.
Article
| JAN 13, 2022
Walmart, Starbucks, Macy’s, and Apple are just a few of the retailers that have either reduced store hours or temporarily closed locations in response to rising numbers of COVID-19 cases, per Insider. How we got here: Pandemic-induced burnout has hit many industries hard, as the number of people quitting reaches record highs.
Article
| FEB 23, 2022
Ticketmaster and Macy’s were among the pandemic rebound stories. After plummeting in 2020 with live events virtually nonexistent, Ticketmaster surged 688% last year to 46.2 million visitors. Meanwhile, Macy’s also made a nice comeback with an 18% jump to 51.6 million. Some sellers benefited from the “new normal.” A few top retailers mostly maintained their massive pandemic-driven gains from 2020.