Macy's closing stores as focus shifts

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  • Опубліковано 21 сер 2024
  • Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end. The company made the announcement Tuesday after posting a fourth-quarter loss and declining sales. As part of the strategy, Macy’s aims to upgrade its remaining 350 stores, with plans to add more salespeople to fitting areas and shoe departments, while adding more visual displays like mannequins. At the same time the company signaled a pivot to luxury, which has fared better overall.
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КОМЕНТАРІ • 40

  • @user-ux8hg8bk3e
    @user-ux8hg8bk3e 5 місяців тому +41

    Out of control theft, the usual suspects ruin it for everybody.

    • @jimbo1637
      @jimbo1637 5 місяців тому

      Bloomingdale's (the high-end brand) wouldn't be expanding if theft was the issue. The real problem for department stores is the death of the middle class.

    • @mejus161
      @mejus161 5 місяців тому +3

      ✊🏿 BLM

    • @loner9832
      @loner9832 5 місяців тому

      @@mejus161 Stealing Sheeitt

    • @brat1276
      @brat1276 5 місяців тому

      You really believe that's why they're the ones who created the laws that created that. So why would you believe that they're making these buildings empty? Because they're gonna need big buildings to put you in and jail. You and house you in when they do their little plan

  • @malin7919
    @malin7919 5 місяців тому +8

    Big loss of tax revenue and jobs for the city. SF needs a new mayor and police chief. Up to SF residences to vote this fall.

  • @BigDogRidgeback
    @BigDogRidgeback 5 місяців тому +19

    Internet is causing these store to close. Also the threat of road rage and in store violence also.

    • @tryxoso2015
      @tryxoso2015 5 місяців тому +6

      And the closing malls don't help. Most of retailing is suffering

  • @bzb500
    @bzb500 5 місяців тому +2

    I had the opportunity to work for Macy's and shop at Macy's. It disappoints me about the stores closing but also it's the high inflation that is affecting all businesses and shrinkage. It's abnormal times.

  • @drinny26
    @drinny26 5 місяців тому +7

    They should sell the one in Manhattan. The land alone has to be worth over a billion dollars.

  • @Xxrosie_kittyXx123notethisisno
    @Xxrosie_kittyXx123notethisisno 5 місяців тому

    1st Party City and Then.. MACYS?? I WILL MISS ALL OF THAT 150 STORES!🥺🥺

  • @user-er3ri6sc3j
    @user-er3ri6sc3j 5 місяців тому +2

    Walmart or Target Thanksgiving Day parade and Fourth of July Fireworks.

  • @CeeTeeUSA
    @CeeTeeUSA 5 місяців тому

    They should close Herald Square and sell the property before the crash..

  • @NightxFortunex
    @NightxFortunex 3 місяці тому

    Y'all need to scan legal ID or show and ID to an employee alongside our grocery store or shopping retail identification, to enter. Doors shouldn't open and be bullet proof or metal. Semi automatic doors. Help our foreign brands and luxury brands too.

  • @Hubjeep
    @Hubjeep 5 місяців тому

    The on in the Broadway Mall (Long Island, NY) closed years ago! Things are going upscale, Walt Whitman mall is fully of $$$$ stores.

  • @ricebagell9666
    @ricebagell9666 5 місяців тому +1

    if I wanted luxury goods I go to Saks or Bergdorf. This is a bad move.

  • @roninbushito
    @roninbushito 5 місяців тому

    They offed the stores because of the thefts and online e-commerce

  • @lisalee2885
    @lisalee2885 5 місяців тому +4

    Sad but God Bless our Truckers boycotting NYC ❤❤❤

  • @jonnysoto718
    @jonnysoto718 5 місяців тому

    Jeff bezos aka lex Luthor plays a significant role when it comes to retail chains closing several locations and potentially going out of business for good.

  • @GabysCake
    @GabysCake 4 місяці тому

    WHYYYYYY

    • @bsurajraju
      @bsurajraju 4 місяці тому

      Organized retail theft

  • @LawandOrder-fi5xk
    @LawandOrder-fi5xk 5 місяців тому +6

    Bidenomics. When are we going to see the Amazon Thanksgiving day parade.

    • @bzb500
      @bzb500 5 місяців тому +2

      The thought of Biden is nauseating.

    • @catseye1009
      @catseye1009 5 місяців тому +1

      Odd that you blame Biden for Macys shutdown when it is the corporation that makes these decisions.

  • @anamk143
    @anamk143 5 місяців тому

    Nooooooooo

  • @rebeprice4400
    @rebeprice4400 5 місяців тому

    Macy been garbage for ever. Overprice clothes questionable jewelry customer services is bad

  • @289cobra9
    @289cobra9 5 місяців тому

    Stores closing all across the country.
    This is what build back better looks like. 😂😂😂
    Bidenomics is working! 😂😂

  • @gabzgroove3088
    @gabzgroove3088 5 місяців тому +7

    TRUMP WAS RIGHT!!
    #VOTE #TRUMP2024

    • @catseye1009
      @catseye1009 5 місяців тому +4

      Right about what? Did Trump have some inside info about Macy’s? 😅

    • @nicholasthompson7690
      @nicholasthompson7690 5 місяців тому

      He's a joke

    • @JamminClemmons
      @JamminClemmons 5 місяців тому +1

      @asthompson7690 - Har.
      As if Billary Clinton would have been the better chioce? She's a waddling-washing machine, ready to topple with every step (worse than stumbling/mumbling Joe). Pilgrim, you *better wake da-hell-up.*

    • @289cobra9
      @289cobra9 5 місяців тому

      Stores closing all across the country.
      This is what build back better looks like! 😂😂
      Bidenomics is working! 😂😂

    • @JamminClemmons
      @JamminClemmons 5 місяців тому

      @@nicholasthompson7690 - Ha! So you voted Billary Clinton? THAT'S a joke!