Macys consolidating operations


22-Nov-2019 06:27

Communication and employee engagement in Macy’s is emphasized by chief managers.

Macy’s is consisted of administrative office, private brand office, merchandising office, merchandising planning office, technology office, stores office, marketing office and finance office.

"Yesterday's announcement is about how Macy's is going to grow sales faster," Gennette told CNBC's "Squawk Box " on Tuesday morning in an exclusive interview.

The restructuring will result in 100 job cuts at the 800-unit chain, which has been battling ongoing sales declines.In the era of online shopping when consumers can buy around the clock from their digital devices, retailers are feverishly focusing on boosting business by gaining deeper, actionable insight into key metrics like inventory levels and consumer buying patterns via data analytics. now start a product search on Amazon.) To that end, Macy’s and other retailers have been working to monetize the reams of data generated in recent years, in part, from shoppers’ digital footprints— e-commerce purchases, social media chatter — and via the tech tools now available to analyze that data, which is a tricky task.