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: BEST at Retail: Brand Building—Storytelling Drives In-Person Store VisitsResearch Preview: Market Navigator—US Apparel and Footwear RetailingUS CPG Sales Tracker: In-Store Sales Drive Total CPG Growth AccelerationTemu Growth and Challenges in the US Market: A Six-Month Follow-Up
