Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Could Macy’s Ambitious New Growth Plan Turn This Ship Around?

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

On Tuesday, Macy’s Inc. announced plans to close 125 stores, trim thousands of jobs and expand deeper into the off-price channel. The changes are part of a new three-year strategic plan that also eliminates its Cincinnati headquarters in favor of offices in New York City. Macy’s said it will develop four high-margin, private-label power brands, each capable of…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!