Event Coverage 7 minutesRegister for Free AccessMacy’s Investor Day 2020: Plans To Optimize Fleet Through Closure of 125 Stores, Continued Backstage Expansion Coresight Research February 7, 2020 What's Insidecompany unveiled an ambitious turnaround plan called Polaris. Naturally, management devoted much of the day to offering more details on the new plan. This report outlines the highlights of the day and the bold vision management put forward, including: Building its omnichannel capabilities. Strengthening customer engagemet through loyalty programs. Testing new store formats in non-traditional locations. A series of restructuring and cost-cutting measures including closing underperforming stores and office consolidation. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Unveiled at CES 2023: 15 Cool Products Plus Bonus Launchit JETRO InnovatorsMarket Navigator: UK Retail, Including E-Commerce—Consumer Constraints To Fuel Multi-Year Discounter GrowthNew Sustainability Requirements in Europe—Dragging the Rest of the World Forward?Consumer Avoidance Falls: China Consumer Tracker
