Company Earnings Update 5 minutesRegister for Free AccessMacy’s (NYSE: M) 4Q19 and FY19 Results: 2020 Will Be A Transition Year Coresight Research February 26, 2020 What's InsideMacy’s reported fiscal 4Q19 revenues down 1.4% YoY and full-year results down 1.6% as same-store sales struggle. The company has high hopes for its Polaris turnaround plan, and is taking a number of steps to restore growth, including: Closing stores that account for a big chunk of the fleet (and associated costs) but contribute a much smaller percentage of revenues. Renovating existing stores to better match today’s consumer preferences. Doubling down on its digital offering to better engage customers and drive an omnichannel experience. 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: Navigating Digital Transformation: Infographic—Global Hospitality OperationsInnovator Profile: Frate Reduces the Impacts of Retail Returns on Profitability and the EnvironmentHoliday 2023: Black Friday Insights from Store Visits in the US and the UKGroceryshop 2024 “Shark Reef” Startup Pitch Competition: Innovator Profiles
