Macy's Optimistic About ‘First 50' Strategy Despite Overall Sales Drop
Macy's(M) PYMNTS.com·2024-08-22 01:03
Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations.During its second-quarter earnings call Wednesday (Aug. 21), Macy’s Chairman and CEO Tony Spring noted the retailer showcased these flagship stores as a beacon of success amid a challenging retail environment.“We’re excited about the First 50,” Spring said during the earnings call with analysts, emphasizing that these stores serve as an indicator of Macy’s future potential. “Confidence in o ...