Preview

macys

Satisfactory Essays
Open Document
Open Document
336 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
macys
About Macy's
With so many choices today, shoppers are looking for retailers that stand out from the crowd. That's why Macy's and Bloomingdale's are aggressively driving to deliver a differentiated shopping experience with unique merchandise, fashion brands, interesting stores, engaging online sites, excellent service and breakthrough marketing and special events.

At every level of the business, Macy's, Inc. is pursuing ways to be more creative and distinctive in meeting customer needs and in delivering exceptional values. Our vision is to operate Macy's and Bloomingdale's as dynamic national brands while focusing on the customer offering in each store location. This requires having talented people in every position who are motivated to innovate and lead us in new directions.

Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers.

About Macy's
With so many choices today, shoppers are looking for retailers that stand out from the crowd. That's why Macy's and Bloomingdale's are aggressively driving to deliver a differentiated shopping experience with unique merchandise, fashion brands, interesting stores, engaging online sites, excellent service and breakthrough marketing and special events.

At every level of the business, Macy's, Inc. is pursuing ways to be more creative and distinctive in meeting customer needs and in delivering exceptional values. Our vision is to operate Macy's and Bloomingdale's as dynamic national brands while focusing on the customer offering in each store location. This requires having talented people in every position who are motivated to innovate and lead us in new directions.

Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on

You May Also Find These Documents Helpful

  • Good Essays

    A strong operating performance is one of Nordstrom’s biggest strengths. Nordstrom displays a steady revenue growth, which is caused by the strength of Nordstrom full-line stores as well as the growing online business and improvements to Nordstrom Rack stores. Due to the strong operating performance, Nordstrom gains more confidence from investors than their competitors. Multi channel operations are also a strength that Nordstrom displays. Products are available through the company’s full-line stores, discount stores ‘Nordstrom Rack’, ‘Jeffrey’ boutiques as well as the internet allows the company to improve sales and inventory turnover. Nordstrom also allows customers to purchase items online and then pick the items up at a store the…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Unit 206 Business Admin

    • 1021 Words
    • 5 Pages

    Although it is our goal to be the best and not necessarily the biggest or the most profitable, our success at satisfying customers and motivating employees will bring growth and long-term profitability.…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Macy’s is a powerhouse company that many other organizations compete to be like or to try to immolate to lead in their particular industry. Macy’s Inc. has great leadership and brings about great talent within its organization. Macy’s Inc. formed a great strong partnership to form the powerhouse of today. Sometimes doing business solo will eventually wipe organizations out; even if the business has great customer service, great quality and a low retention.…

    • 668 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The economic crisis that started in 2007 affected the business of upscale department stores countrywide. Upscale department stores understand that the items they sell are considered discretionary items, so when there is an economic downturn, they are one of the first industries to be hit. When looking over the Nordstrom Annual Reports from the last few years, there are two things evident: this company has a lasting strategy and they work hard to continuously evolve this strategy. Their strategy includes constantly evaluating risks in the market such as economic conditions, competitive market forces, availability of merchandise, and growth. With an incredible sense to stay ahead of the trends, minimize turnover time, and serve their customers with an uncanny ability, they have easily become one of the top department stores in the country. Nordstrom’s core strength revolves around their customer-first attitude, customer loyalty and their aptitude for merchandising. “Going forward we want to be more than just customer focused. Instead, we’re working to become a truly customer-driven organization.”[1]…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nordstrom Vs. Technology

    • 329 Words
    • 2 Pages

    The retail industry is rapidly changing due to technology advancements and consumer demand. Consumers have shifted to ecommerce spending rather than with brick and mortar stores. Nordstrom, a leader in the retail industry, is facing growth issues in retaining consumers under this transition. Despite this major shift in ecommerce spending, Nordstrom has been able to tap into the market by offering a seamless online shopping experience, similar to the experience customers receive in store. Bloomingdales and Macy’s, Nordstrom competitors, are also facing these issues but are less successful in adaptation. The overall trend will force expansion in their online presence, to mitigate the risk of market share loss. Amazon,…

    • 329 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Summary: Vargas Family

    • 856 Words
    • 4 Pages

    VARGAS FAMILY DISCHAGE SUMMARY Patient Name: Vargas Family Patient Number: …………… ……………….. Date Admitted: ………… …………………… Date Discharged: …………… ……………….…

    • 856 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Macy's and Dillard's

    • 2562 Words
    • 11 Pages

    This report presents data describing the differences amongst the two department stores, their fundamental visions, and comparative statistics. Macy’s or Dillard’s: Differences amongst these competitors There are several aspects you can analyze from each department store. Major pieces do set each one apart from the other. Brand names carried by Macy’s and Dillard’s from an average shoppers point of view can go completely unnoticed unless price is involved. For trend shoppers brand names can either make or break a retail store. It can easily determine if he or she will walk to Macy’s or Dillard’s because they already know the store does or does not carry that brand. This is consistent with each department throughout both stores and affects revenue significantly. Macy’s currently has 15 private labels which include: Alfani, American Rag, Charter Club, Club Room, First Imoressions, Green Dog, Hotel Collection, I-N-C International Concepts, JM Collection, John Ashford, Material London, Style & Co, Taso Elb, The Cellar, and Tools of the Trade. Dillard’s brand names include: Cypress Links, Lawton Harbor, Oak Creek, Roundtree & Yorke and St. Durand, Bechamel, Cabernet, Copper Key, Preston & York and Westbound, Class Club, Brioso and Simply Comfort. Store appeal is another difference between the two retail stores. Macy’s has recently revamped all of their stores with a new trendier design and customer friendly use. Dillard’s is still conservative and plain when you walk into one of the department stores. The younger crowd would gear more towards Macy’s as a first choice of shopping. Elements that Macy’s brought into play were minor, but important customer satisfactions such as wider fitting rooms with waiting areas, international visitor centers and a dining experience in select stores. Macy’s also integrated the self-price check throughout their stores which relieves a lot of customer service, when you have the famous, “How much is this?” question. Dillard’s is trying…

    • 2562 Words
    • 11 Pages
    Better Essays
  • Good Essays

    observation made in Paris. When shopping at Macy 's Inc., I found that Macy 's specialize in mid to high range of retail merchandise. Macy 's Inc targets middle to high class shoppers, at the same time you can get the same merchandise that would be…

    • 591 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It is also important to note that this company has effectively reached its vision/mission statement and has done so through their customer-driven service, focused assortments(demonstrated in the size of the family of companies within the corporation), and competitive operations(helped them focus in making more value through lower prices and more…

    • 482 Words
    • 2 Pages
    Powerful Essays
  • Satisfactory Essays

    Nordstrom’s business decisions in response to changes in the market have focused in reaching younger customers and an omnichannel emphasis. A problem many high end retailers face is maintaining the millennial customer who may not always be able to buy high priced designer consistently. Luckily Nordstrom Rack, Nordstrom’s outlet, appeals to young customers who are seeking deals. In today’s market, positive customer relationships is huge in gaining customer traffic due to gaining returning shoppers who will spread positive information to other potential shoppers. Since Nordstrom Rack appeals to a younger shopper, the likelihood of them become a Nordstrom customer is high and they will have nothing but great things to say about the company.…

    • 263 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Macy's Growth Trends

    • 557 Words
    • 3 Pages

    is one of the nation’s premier retailers (Macy’s Co. 2017). With fiscal 2016 sales of $25.778 billion and approximately 140,000 employees, the company operates more than 700 department stores under the nameplates Macy’s and Bloomingdale’s, and approximately 125 specialty stores that include Bloomingdale’s The Outlet, Bluemercury and Macy’s Backstage (Macy’s Co. 2017). Macy’s, Inc. operates stores in 45 states, the District of Columbia, Guam and Puerto Rico, as well as macys.com, bloomingdales.com and bluemercury.com (Macy’s Co. 2017). Their two competitors are Dillard’s and Lord & Taylor and they seek to bring in customers by being able to offer superior product selections. Macy’s is recognized as a retail industry leader in developing private brand merchandise that differentiates the assortments in our stores and delivers exceptional value to the customer (Macy’s Co. 2017). Merchandise for each private brand, available “Only at Macy’s,” is developed to appeal to a certain customer lifestyle and is supported with marketing programs that create a precisely defined image (Macy’s Co. 2017). Our brands have fully developed brand profiles targeted to specific consumers and are supported with national advertising and branded in-store environments (Macy’s Co.…

    • 557 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Harrison

    • 2341 Words
    • 10 Pages

    However, today’s customers are looking for both value and specialization. Thus we can see the appearance of many specialty stores. Superstores and giant discounters are also popping up. At the same time, the retail industry faces the challenge of keeping a well trained, highly motivated sales staff and management team that can handle well such a change and everything it brings with it.…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Especially in retail business, it is of outmost importance that the merchandise is presented in an eye-catching and appealing manner and in an industry where steep competition lays ahead, they can definitely give the upper-hand, marking the store as a leading brand in its respective niche.…

    • 508 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    In my week three assignment, I selected Costco. They are world leader as a wholesale club retailer. Following four are the company’s main goals that are very important in recent era of competition. Some goals can be accomplished through strategic plan, and some can be accomplished through an operational plan.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Macy’s Inc. has established itself as a strong player in the retail industry, with over 850 Macy’s and Bloomingdale’s stores in 45 states. Macy’s competes against retail giants like Nordstrom, Kohl’s, JC penny and Saks Fifth Avenue for market share in the increasingly competitive department store industry. This financial report will choose Nordstrom as the major competitor, and serves as the comparison company.…

    • 4037 Words
    • 17 Pages
    Good Essays