Thread regarding Macy's Inc. layoffs

The Scavaging Begins

Our store is one of the 55 closing at the end of the year and our district team has already begun having us transfer out fixtures to other stores. How are we supposed to get out all the freight when we are shipping out our fixtures with none coming back in?

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| 1681 views | | 17 replies (last October 4, 2024) | Reply
Post ID: @OP+1uH2b3xW

17 replies (most recent on top)

Sorry, no offense intended. Thought by now “Chill out dude” had become gender neutral. Kinda like bro and bru.

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Post ID: @8liu+1uH2b3xW

All stores did Asset inventories to see who is sitting on what. I was in a GF store today with a massive amount of fixtures back of house. GF doors always request too much from the NGF doors (grass is greener). If you know what this GF door has, then the NGF doors can sell off that much more. Plus, they won’t ask anything else.

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Post ID: @8bgb+1uH2b3xW

We sure aren't closing and we had to do the "Asset Inventory" too. Everything in the store was counted.

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Post ID: @7ije+1uH2b3xW

Have you realized not all dock captains are dudes?

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Post ID: @7vsr+1uH2b3xW

Wow, chill out dude. If you posted, “They do this cause once the liquidation starts they are not supposed to transfer fixtures. And everything in-store turns over to the outside liquidation company to sell.”, you are completely wrong. Merch and fixtures are not “turned over” to the liquidators. Macys maintains ownership over everything, transfers continue during and after the liquidation. I’ve been involved in multiple Macy’s liquidations. There is nothing more frustrating to the liquidation manager than to have thought to be transferred fixtures dumped on them at the last minute, or sold fixtures pulled back, all DURING the liquidation sale.

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Post ID: @7boo+1uH2b3xW

The fu-k are you talking about that my comment was wrong. I literally was the captain over the dock and sent out fixtures to different stores before the liquidation started. We sent fixtures to 5 different macys locations that are still open right now. The fixtures were ones that the company wanted to keep. We even sent some of our backstage fixtures to Bloomingdales. Do not tell me what I did as a lie.

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Post ID: @7bbm+1uH2b3xW

“Fixtures” is anything in a store that is not affixed to the building or tech. A total inventory is smart on the stores part. In past years, going forward stores transferred in what they wanted, needed or not. It usually just accumulated in the stockrooms, wasted, just to be liquidated in later years. Total inventory will see who needs what, sell the rest, leaving GF stores lean and properly allocated.

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Post ID: @7cvr+1uH2b3xW

The asset inventory wasnt just for fixtures...it was for registers, carts, cameras, wheelchairs, fixtures, scanners...literally everything with value that can be sold or shipped to another store. Anyone who say this is normal...it is not. I have been a manager for 10 years and have never had to do an inventory of everything...only ncr doing a tech inventory in the past couple years. The company is smart...reallocate now before it cost them a ton in shipping or they have to pay someone else to get rid of it.

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Post ID: @7kbe+1uH2b3xW

Last post is completely wrong. I've been through multiple closings. Usual process is to inventory fixtures in the closing doors only, then transfer fixtures to gf locations. This happened during and up to the end of the closing (often, either leaving the liquidators short, or with more fixtures than planned to blow out with few days remaining. This just caused a buildup of un-needed fixtures at the GF locations (usually to be liquidated just a few years later). This year Macy's teams are optimizing these closing with fixture inventories happening at every location. Needed fixtures move early, no build up and the liquidators can sell off surplus at max profit.

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Post ID: @5bvy+1uH2b3xW

Because your store no longer matters to the company. I went through the closing of a store in 2021. They started sending out fixtures before they even announced we were closing. They do this cause once the liquidation starts they are not supposed to transfer fixtures. And everything in-store turns over to the outside liquidation company to sell.

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Post ID: @5wcq+1uH2b3xW

To the comment about count the towers and tables. It’s probably them counting for the setup for Christmas

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Post ID: @4nwe+1uH2b3xW

Asset inventory being done at all stores I assume. This is to know who needs what fixtures, etc from the closing stores.

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Post ID: @4okk+1uH2b3xW

Interesting! I saw a couple of leadership people in our department a couple of days ago counting TOC‘s, towers, tables, etc. I wondered why. Are these asset inventory activities being done when it’s suspected that a store may be closed or is it just normal activity?

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Post ID: @3sjn+1uH2b3xW

2 Market stores open near me and I will still go to the Mall location because the selection is much more. The Market store is tiny compare to the Mall location and if you think there aren't employees around at the mall location ..it is like a ghost town at the Market store. One thing I don't understand is, why can't they keep the stores from looking a mess? I mean have they heard of the term "recovery". Who wants to shop somewhere that doesn't have much of a selection and looks like a dump? I don't. That's my experience as a Macy's shopper. I will still choose the Mall location because they have more merchandise to choose from and offers more to the customer that does not want to spend too much(LAST ACT, BACKSTAGE, ETC.)

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Post ID: @2xsl+1uH2b3xW

Wait until Macy’s figures out that visuals and fixtures don’t produce sales. It’s all about location location location.

Right, thus closing under performing stores in certain locations. DUH

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Post ID: @1xli+1uH2b3xW

Wait until Macy’s figures out that visuals and fixtures don’t produce sales. It’s all about location location location.

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Post ID: @1nbc+1uH2b3xW

All stores are doing an asset inventory to show how many fixtures, z rods, etc the store owns. Supposed to cut down on the free for all once a store closes. I'm surprised your district person is having you send stuff now. Send out the cr-ppiest ones of whatever or dont send at all

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Post ID: @1uzi+1uH2b3xW

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