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]
Bluemercury
Here’s How Macy’s Is Trying To Lure Shoppers
Despite the closure of dozens of stores and an all-but-dead takeover deal, Macy’s isn’t quite ready to throw in the ol’ retail towel. Instead, the company is focusing on the future, implementing new services, revamping store features, and revising coupons in a bid to bring in shoppers. [More]
Macy’s Buys Beauty & Spa Company Bluemercury For $210M
Just a month after Macy’s announced it would implement a restructuring plan by closing 14 stores and focusing on online sales, the department store says it has inked a deal to purchase a spa and beauty chain. [More]