What if Macy’s corporation reopened some of the iconic retailers it took over in the past? I think that this isn’t out of question….
Even if it’s just one location. Can you imagine Marshall Field’s reopening one of its incredible stores again? The high end and well curated merchandise and spectacular customer service too! I know it’s a pipe dream but I think that it’s not completely impossible. I’m talking just one store!
7 replies (most recent on top)
One has to wonder, when May Co bought Marshall Field's from Target, they apparently did not buy the Dayton's or Hudson's nameplates. Daytons.com and Hudsons.com both redirect to Target.
Interesting thought but I don’t think this is feasible at all….
Most of the older regional name plates are not good today. Honestly what Macy’s is doing with a lot of their stores probably was the best outcome for dying retail. Those nameplates would’ve all gone bankrupt anyway.
You have to change as the consumer changes!
Foolish idea. One that obviously comes from emotion, not reality. The person who wrote the post obviously doesn't understand retail or the constantly changing retail market. It's not the name on the door that's the issue. It's the retail channel. Department stores are out of fashion these days. Fewer and fewer are shopping them. Their consumer base is quickly passing away.
Marshall Field's WASN'T high end. They had some locations in better malls and had an upgraded merchandise selection in those stores. Exactly as Macy's has always done.
One thing I learned in my retail experience....what worked yesterday, won't work today. The consumer is ever changing. The old name plates mean nothing to the majority of today's customer. Those days are gone, as you can see with Nordstrom losing the lime light they once had. That consumer is approaching their golden years, looking for assisted living. There does not appear to be a magic move that will save retail. The population is not buying material goods at the rate they did 20 years ago. This will continue to decrease. Most of today's retailers will be closed in another 20 years....gone.
yeah great idea. cough cough
Oh gosh, how wonderful that would be!? J.W. ROBINSONS, HECHTS, THE BON MARCHE.....oh what a dream and would definitely tug on the heart strings of loyal consumers!!! "The Robinsons Gift"