Skip to main content

No, the Other Jeff

Jeff Gennette, CEO Macy's
The best performing retail stock this year is no surprise: Amazon is up 54% so far in 2018. 

But you may be surprised to learn that Macy's, often considered a casualty of Amazon, is the retailer that comes in second. Shares in Macy's are up more than 50% year-to-date, making the department store the 10th best performing stock in the S&P 500.



Macy's has closed underperforming stores, invested in BluemercuryStory Worldwideb8ta, and other new ventures, increased its use of BOPIS (Buy Online Pickup In Store), and added mobile payments. Significant to the numbers, Macy's has improved performance in many fundamental retail KPI's including inventory turn, assortment curation, increasing AURs. 

Congratulations to Jeff Gennette, Hal Lawton, Jeff Kantor, Mark Stocker, RB Harrison, Rich LennoxRachel Shechtmantony spring, Maria and Barry Beck, and the teams at Macy's. 

Now, let's see what Macy's v3.0 brings to consumers, brands, trade partners, and investors...

(c) David J. Katz, 2018

Comments

Popular posts from this blog

Annotated Guide To Men's Belts

The Complete Guide To Men’s BeltsArticle By  on 11th March 2014 | @gabrielweil

IMAGE: AUSTIN REED SS14

Warning, Car Porn

The signature feature is the Rolls Royce Wraith’s Starlight Headliner, consisting of 1,340 LEDs hand-sewn to create an effect of owning one’s personal night sky filled with stars...

Warning, content below represents a man's libidinous fascination with an automobile. It is not Lolita; after all Bradley Berman, the author, is not Nabokov and the Wraith is not underaged. Nonetheless, I find myself simultaneously repulsed... and seduced. David J. Katz

3D Printed Dinner & Neckwear

Dinner Is Printed By A. J. JACOBS - New York Times
THE hype over 3-D printing intensifies by the day. Will it save the world? Will it bring on the apocalypse, with millions manufacturing their own AK-47s? Or is it all an absurd hubbub about a machine that spits out chintzy plastic trinkets? I decided to investigate. My plan: I would immerse myself in the world of 3-D printing. I would live for a week using nothing but 3-D-printed objects — toothbrushes, furniture, bicycles, vitamin pills — in order to judge the technology’s potential and pitfalls.
I approached Hod Lipson, a Cornell engineering professor and one of the nation’s top 3-D printing experts, with my idea. He thought it sounded like a great project. It would cost me a mere $50,000 or so. Unless I was going to 3-D print counterfeit FabergĂ© eggs for the black market, I’d need a Plan B. Which is how I settled on the idea of creating a 3-D-printed meal. I’d make 3-D-printed plates, forks, place mats, napkin rings, candlesticks —…