May 14, 2015

Macy's: #OhBoy

Macy's falls sort of expectations (click here).

 Macy's blames tourists, port labor strife, and a cold winter (click here).

 Quarterly comp store sales declined - that fact is buried here, amid more praise.

Do what is right for your business. 

 The omnichannel movement, spearheaded by Macy's, a company that calls itself "America's Omnichannel Store", is not leading to riches. In fact, the poster child for the movement is experiencing comp store sales declines. Is that what you want to emulate?
-

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Treasure Hunt

A few weeks ago, a reader said this: "Instead of talking about the gloom and doom of the death spiral, why not be optimistic and ...

  • Life Tables and Welcome Programs
    Look at the first four rows of our life table (values of 0/1/2/3). These are the first 12-15 weeks after a customer buys for the firs...
  • Amazon Prime Day
    So Amazon created a major shopping event out of nothing, and now they're killing it in July (a month when nobody can sell anything ot...
  • The Great Eight
    We spent the past two weeks talking about the events and influences that shaped what I call "The Great Eight". My Influence...