Who ever said bigger is better? Macy’s has unveiled a plan to open smaller, off-mall stores and fulfillment centers, while consolidating its current locations. “Everything on the digital agenda has been accelerated,” CEO Jeff Gennette said on the retailer’s second quarter earnings call Wednesday. The department store’s flagships have been hit hard by the pandemic as tourism diminished and employees in downtown areas shifted to working from home. However neighborhood locations saw some action from
source https://therealdeal.com/2020/09/02/macys-to-open-smaller-stores-bigger-fulfillment-centers/
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