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2 Mar

After a Tough Q4 and 12 months Ahead, Macy’s

After a Tough Q4 and 12 months Ahead, Macy’s
After a Tough Q4 and 12 months Ahead Macy’s Inc. has a long-term view to reverse declines of 2022 and 2023 into gains in 2024. “Our five vectors for growth will reach a rate of maturation that may start to offer us growth, help us take market share and surmount macroeconomic aspects,” chairman and chief executive officer Jeff Gennette told WWD, referring to Macy’s private brands “reimagination,” off-mall and online marketplace expansion, a luxury acceleration and personalization initiatives in offerings and communications with customers. Interviewed Thursday, just after Macy’s Inc. reported top- and bottom-line declines for the fourth-quarter and projected declines for 2023, Gennette told WWD: “The luxurious consumer is healthy. Luxury is a growing pie and we are able to get a...
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22 Dec

Easy methods to Get Ahead in Washington: Lessons from

Easy methods to Get Ahead in Washington: Lessons from
Editor’s Note: That is the second a part of a two-part series. The primary was published yesterday. This scenario may sound immediately familiar to War on the Rocks readers: within the midst of an animated discussion at a piece function, your interlocutor’s gaze suddenly begins to wander, slowly sweeping across the room, logging faces and names, scanning for somebody potentially more useful to seek advice from. Subtle changes begin to slowly unfold. Your colleague’s expression regularly grows more vacant, their conversational fillers increasingly robotic. After which, within the blink of a watch, they've swept with unsuspected grace and celerity across the windowless conference room to greet the tardy assistant secretary. Hovering across the visiting potentiary with a nervous grin, they nod...
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