Hi, nothing on the earnings call today about the Macy's Small Format store or Macy's Back stage. These were big initiatives for the old CEO. I am not sure Tony Spring is on board with these strategies now. I was surprised 4 of the small format stores were on the closing list for Q1. However, Macy's is big on starting a strategy and then discontinuing. Anyone know anything?
1 reply
Small format locations in my area in NJ are all doing well so far. Those other small format might be stand alone Backstage that are closing. I’ve seen some Furniture locations also closing. 2 of the bigger surprises this year are Brooklyn NY and Center City Philly