I’m curious what the current state of the underperforming store list is? I’m not going to lie, I was very surprised that the store closings list was only four this time around.
Does this mean that this past year and during the holidays, the company performed better than expected?
I do think that the underperforming stores that are left in the fleet should be reevaluated depending on how isolated certain locations are. Sure close locations in Diane miles and areas with lots of other locations nearby. But with locations in areas without a location nearby, that is losing a market. At least put new market by Macy’s/customer service counters in areas without a Macy’s over 200+ miles?
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market by macys is really an last ditch attempt at making it look like macys is really doing good but really put it this way if macys has a 100,000 square foot building with all the bells and whistles with dedicated selling space with wide variety and they still cant bring in the ladies with the purses and the van full of kids then how can a 15,000-35,000 square foot building bring in more sales/profit I understand that at least compared to the overhead they might be more profitable but at the end what are they buying what sales amounts are they bringing in it wont build a brand it will build a fitting room without service that you just reorder something if it doesn't fit this will undo the image of the great big brand store from new York there's nothing special about a fitting room in a strip mall