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Bellwether Tag

24 Nov

Black Friday Gives Retail Early Gift Yet No Bellwether

Black Friday Gives Retail Early Gift Yet No Bellwether
Macy’s Inc. had begin to Black Friday, reporting robust selling on a spectrum of products packing in value, though industry-wide caution for the weekend and holiday season still prevails. Confronting slowing consumer spending this fall, Macy’s did manage to drag off a “solid” begin to Black Friday gift shopping, Macy’s Inc.’s outgoing chairman and chief executive officer Jeff Gennette told WWD just after his walk-through of the the retailer’s Herald Square flagship Black Friday morning. As he’s done every year during his tenure running the corporate, Gennette stationed himself together with his team right by the doorway at 6 a.m. when the shop opened to greet early shoppers. At 8:50 a.m., Gennette told WWD: “It’s been a greater start here in...
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