No matter how bad things get for a retailer, its execs are supposed to put on a good face and spin the bad news into something positive. So it may say a lot about Macy’s that the best line its Chief Financial Officer could muster was “We’re not dead.” [More]
a new focus
Sam’s Club Revamping Its Grocery Offerings To Better Compete With Costco, Other Retailers
In the past year, Sam’s Club implemented several new polices and services as a way to get customers in the door, from getting into car sales to accepting Visa and American Express credit cards for the first time. Now the warehouse store appears to be taking on a larger segment of its business: groceries, including taking its house brand offerings from 21 to just one. [More]