Bloomingdale's outlet stores and Macy's Backstage boost Macy's: photos - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

We shopped at Bloomingdale's The Outlet and saw why the off-price luxury store is helping to keep parent company Macy's afloat

The company — which also owns Bloomingdale's and Bluemercury, in addition to its namesake department-store brand — announced anearlier this month designed to "stabilize profitability" following a period of slumping sales.

We shopped at Bloomingdale's The Outlet in Manhattan on a recent Tuesday and though the store was overwhelmed with inventory, it was also filled with shoppers. Here's what it was like. We visited the Bloomingdale's The Outlet on the Upper West Side of Manhattan. It's a three-level store that first opened its doors in 2015.Macy's launched Bloomingdale's The Outlet stores in 2010 in response to the rise in demand for off-price goods, caused in part by the recession.

"It's an opportunity to introduce the value-conscious shopper to Bloomingdale's, and at the same time serve Bloomingdale's customers who shop in the normal store and raise interest in the outlet," a Macy's spokespersonThe store is one of two Bloomingdale's The Outlets in the state of New York. The other location is in Staten Island.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Insider Intelligence - Business InsiderThe article was interesting, but the title... 🤦‍♂️🙅‍♂️ Divorce is never a good thing, it’s never a positive and should not be celebrated. That means one or both parties for whatever reason failed the other. sometimes they don;t even need any promotion at all ! Liberation , freedom is all they need !!
Source: BusinessInsider - 🏆 729. / 51 Read more »

N26's withdrawal from the UK is boosting competitors' deposits and customer bases - Business InsiderThe windfall from N26's retreat is an immediate boon for all neobanks – but its sudden exit could jeopardize consumers' faith in neobanks overall
Source: BusinessInsider - 🏆 729. / 51 Read more »

Boeing 737 Max: Foreign object debris found in stored undelivered jets - Business InsiderThe company plans to inspect all 400 stored jets. Boeing has previously had issues with foreign object debris on 787 Dreamliner planes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: The 31 buzziest logistics startups that VCs are watching in 2020 - Business InsiderRead Business Insider's exclusive, VC-sourced roundup of the buzziest logistics startups in the coming year.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bed Bath & Beyond CEO addresses over-cluttered stores - Business InsiderBed Bath & Beyond's new CEO admits that stores are so cluttered that customers are leaving without buying anything due to 'purchase paralysis' Retail buying/planning is a dying art. Store visits are still essential. Horders 🤔🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »

Twitter acquires photo and video-editing startup Chroma Labs - Business InsiderTwitter acquired a startup founded by ex-Facebook and Instagram employees, and it could be a sign it's working on its own Stories feature ChaddieBoi Say it ain't so. If the startup isn’t named EditButtonIsUs then who cares?
Source: BusinessInsider - 🏆 729. / 51 Read more »