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

Macy’s Revamps Polaris Plan as Q1 Sales Take 45% Tumble

Join Sourcing Journal on March 13th HKT for Sourcing Summit Hong Kong for discussions on mending relationships between supply chain partners, remaking factories for smaller MOQs and faster turns, and creating resilience to survive the next inevitable crisis.

Macy’s is revamping its Polaris strategy for a post-COVID world and doesn’t expect sales to stabilize until next year—or “even 2022.” The department store company started the quarter on solid ground in February before the coronavirus pandemic forced stores to close in mid-March, CEO Jeff Gennette said Thursday in a fireside chat with J.P. Morgan…

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!