Macy’s CEO says consumers’ shopping approaches are defined by location
August 20, 2021
Suburban shoppers seem to have much less trepidation heading back to Macy’s stores, while those in urban areas are more cautious. “There is definitely the different psychology with suburban and the urban customers right now,” Macy’s CEO Jeff Gennette said. The department store retailer reported that sales in suburban locations are above 2019 levels, while those in urban centers continue to lag.
Recent News
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.
Amazon, Target, and Others Pull Weighted Baby Sleep Blankets From Shelves
These baby products raise safety concerns.
New LEGO Technic Summer Sets Revealed
Summer is upon us, and so are the latest LEGO Technic sets.