A Crawl and Walk Approach to Omnichannel for Macy’s
With omnichannel becoming the norm these days, retailers are trying to figure out where to begin, which avenue to take first. Macy’s
MACYS
Macys Beats on Earnings, Says Impacts of West Coast Port Issues are Ongoing
Macys’ inventory levels continue to be negatively impacted as a result of protracted labor issues that tied up shipments at 29 West Coast ports for months.
O+F Advisor Distribution Center Roundup, Jan. 26, 2015
A listing of some recently announced distribution center expansions and additions in retail and direct-to-consumer operations.
Mobile Huge in Omnichannel Engagement, Retailers Report at NRF
Executives from Macy’s, Lowe’s and The Limited said the impact of mobile on omnichannel engagement has been huge and has progressed faster than expected.
O+F Distribution Center Roundup, Dec. 15, 2014
O+F’s listing of recently announced expansions, additions and closures in retail distribution centers.
Macy’s Sees Omnichannel, Same-Day Delivery as Competitive Advantage
Macy’s Chief Financial Officer Karen Hoguet told analysts the company’s retail network gives it an advantage in the ever-more-crowded same-day delivery sweepstakes, as well as in omnichannel fulfillment.
Macy’s Addresses Omnichannel and Same-day Delivery
While the fourth quarter showed a 1.6% decline in sales, Karen M. Hoguet, chief financial officer at Macy’s, said moving forward the retailer plans on making strides in its omnichannel fulfillment initiatives including buy online, pick up in-store, and same-day delivery.
Macy’s to Build Direct-to-Consumer Fulfillment Center in Midwest
In an effort to get ship more orders to more customers throughout the central and southern regions in the U.S., Macy’s announced plans to build a new $170 million direct-to-consumer fulfillment center in Tulsa County, OK.
2,500 Layoffs, Store Closings Announced at Macy’s
In an effort to save nearly $100 million annually, Macy’s has laid out a cost reduction plan which includes laying off 2,500 workers and the closing of a handful of its brick-and-mortar stores.
Macy’s Sees 3.3% Increase in Total Sales for Third Quarter
Macy’s sales in the third quarter totaled $6.276 billion, up to 3.3% from total sales of $6.75 billion in the third quarter of 2012.