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Macy's doubles profit by chasing luxury customers, ditching cheap goods

Macy's reports nearly doubled profit from luxury shift

1 Sep 22 · 1d ago · 6 articles · 1 post · 2 sources · development 1 of 1

Macy's announces significant profit increase driven by a strategic pivot toward premium products and affluent customers. Bloomingdale's brand achieves its best second-quarter sales in company history.

“Bloomingdale's posted its best second-quarter sales in brand history as the premiumization push gains momentum.”

Advance Local Express Desk · rss ↗

Macy's RetailerBloomingdale's Luxury subsidiary of Macy's

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Peak 6 pieces in one hour at Sep 22, 12 PM; 7 pieces over 38 hours (6 articles · 1 post) Sep 22, 12 PM — 6 pieces · 6 articles — Newswires 6Sep 22, 1 PM — quietSep 22, 2 PM — 1 piece · 1 post — Mastodon 1Sep 22, 3 PM — quietSep 22, 4 PM — quietSep 22, 5 PM — quietSep 22, 6 PM — quietSep 22, 7 PM — quietSep 22, 8 PM — quietSep 22, 9 PM — quietSep 22, 10 PM — quietSep 22, 11 PM — quietYesterday, 12 AM — quietYesterday, 1 AM — quietYesterday, 2 AM — quietYesterday, 3 AM — quietYesterday, 4 AM — quietYesterday, 5 AM — quietYesterday, 6 AM — quietYesterday, 7 AM — quietYesterday, 8 AM — quietYesterday, 9 AM — quietYesterday, 10 AM — quietYesterday, 11 AM — quietYesterday, 12 PM — quietYesterday, 1 PM — quietYesterday, 2 PM — quietYesterday, 3 PM — quietYesterday, 4 PM — quietYesterday, 5 PM — quietYesterday, 6 PM — quietYesterday, 7 PM — quietYesterday, 8 PM — quietYesterday, 9 PM — quietYesterday, 10 PM — quietYesterday, 11 PM — quietToday, 12 AM — quietToday, 1 AM — quiet 1
1Macy's reports nearly doubled profit from…
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What was reported 1 claim about this development

  1. 3 outlets Macy's nearly doubled its profit — here's the luxury strategy behind it

    first by The Oregonian, 1d ago · also PennLive, MassLive

All 1 developments of Macy's doubles profit by chasing luxury customers, ditching… →

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