Insight Report 3 minutes PremiumMacy’s MOM 3.0 Coresight Research January 8, 2015 Executive Summary Macy’s recently announced a major restructuring that brings it one step close to a true omnichannel business model The retailer is making a more aggressive commitment to its MOM strategy –My Macy’s localization, Omnichannel integration and Magic Selling customer engagement One unified merchandising and marketing organization will support Macy’s entire business (versus today’s existing model of separate operations for store and online assortments) Plans call for redeploying a total of 2,200 associates, closing 14 stores and opening two new stores (in addition to the seven new stores already on deck) Management is also exploring opportunities for a Macy’s off-price business Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: 1Q24 US Earnings Season Wrap-Up: Many Retail Companies Post Strong Sales ResultsGenerative AI Latest: Funding, New Technology Features and Copyright InfringementData Dive: What US, European and Australian Retailers Are Saying on CapexThree Things You Need To Know: Temu—What Do Consumers Actually Think?
