Event CoverageMacy’s Investor Day 2020: Plans To Optimize Fleet Through Closure of 125 Stores, Continued Backstage Expansion Coresight Research February 7, 2020 Reasons to Readcompany 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: US Shoppers Are Worried About Higher Prices from Tariffs—Consumer Survey Insights with John MercerAnalyst Corner: From Models to Markets—The Accelerating Shift Toward AI Applications, with Charlie PoonGrocery Retailing—US Real Estate Insights: Value and Specialty Grocers Lead Store Expansion as Traditional Retailers Lag BehindThe CORE Framework for Artificial Intelligence in Retail
