Incoming Macy's CEO calls Bloomingdale's brand a 'growth vehicle' for the company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Incoming Macy's CEO Tony Spring and current CEO Jeff Gennette told CNBC's Jim Cramer about the strength of their brands, including high-end Bloomingdale's.

In an interview with CNBC's Jim Cramer, incoming Macy's CEO Tony Spring and current CEO Jeff Gennette emphasized the strength of the company's brands besides its namesake: high-end department store Bloomingdale's and luxury beauty retailer Bluemercury.

"It's all about curation of product and the delivery of a better experience for the customer. Retail is theater," Spring said. "So Bloomingdales is our growth vehicle."the company is leaning into the success of its brands like higher-end department store Bloomingdale's and luxury beauty retailer Bluemercury."It's all about curation of product and the delivery of a better experience for the customer. Retail is theater," Spring said.

Gennette and Spring also claimed Macy's has an edge when it comes to holiday retail. Gennette said beauty and gift giving are a huge part of their strategy during the holiday season, accounting for more than 40% of the the company's brand sales during the fourth quarter. "We are more penetrated as a holiday destination than other retailers, and so this is something that we start the moment we finish holiday of '22, we started on '23." Gennette said. "I feel very good about our Christmas strategies."

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Incoming Macy's CEO calls Bloomingdales brand a ‘growth vehicle' for the companyIncoming Macy’s CEO Tony Spring and current CEO Jeff Gennette told CNBC’s Jim Cramer about the strength of their brands, including high-end Bloomingdale’s.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »