Shoppers Are Abandoning Macy’S, Data Shows—Here’S Why
Shoppers Are Abandoning Macy’s, Data Shows—Here’s Why Shutterstock / Jonathan Weiss While Macy’s is known for one-stop-shopping at its giant department stores, the company has been actively changing with the times . The retailer is closing its mall anchor stores and opening smaller shops (called Bloomie’s and Market By Macy’s) to draw in younger crowds, while also refining its inventory. But while Macy’s is refreshing its image, the company is struggling to maintain its customer base, according to newly released data....