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Tag Archives: Macy’s
Macy’s Inventory Control Helps It Beat Expectations
Macy’s is back in the news – this time because it’s looking like a great buy to stock-market investors. I’m no Wall Street expert, but I do know that when a company uses solid business practices, it’s likely to be … Continue reading
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Tagged Cost Savings, Customer Service, inventory control, Macy's, news, Price Discount, Prices, Retailer, stock market
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Macy’s Sales Rise Thanks to Smart Inventory Management
Macy’s continues to gain ground on competitors thanks to their smart inventory management, growth in e-commerce and cost-cutting measures. Macy’s clothing sales jumped 5.8 percent in February, doubling January’s 2.6-percent increase, according to the article “Macy’s Sales Up.” The article … Continue reading
Inventory Tracking Brings Dillard’s Back from the Brink
It’s a Christmas miracle! Dillard’s, the troubled clothing retailer, has pulled a complete 180, returning to profitability after a few years of losses and doubts about its survival. In 2009, the company lost $241 million, but in 2010 it enjoyed … Continue reading
Macy’s Inventory System Keeps Costs Down
Great news! Thanks to Macy’s inventory system, the clothing retailer enjoyed another solid quarter, despite significant challenges. Macy’s same-store sales were hurt by poor weather in the third quarter of 2010, but that didn’t stop the company from improving its … Continue reading
Inventory Management Boosts Retailers’ Bottom Line
Don’t you love hearing good news? According to the Associated Press article “Retailers report September back-to-school boost,” U.S. retail sales jumped 2.6 percent in September thanks to several factors, such as inventory management. Standout Performers Macy’s, J.C. Penney and Nordstrom … Continue reading
The Secret to Nordstrom’s Success: Inventory Management
Nordstrom has accomplished the seemingly impossible, increasing its same-store sales from last year without using an excessive number of sales gimmicks or discounts. The Seattle-based clothing seller pulled off this jump in sales by doing something few of its competitors … Continue reading
Macy’s Inventory Management System Back in the Spotlight
Macy’s recently released its second-quarter earnings report and the results are incredibly positive. Despite turbulent economic conditions and heavy competition from J.C. Penney and Kohl’s, Macy’s has managed to gain market share and improve its overall earnings. A lot of … Continue reading
Strong Inventory Management Boosts Macy’s Q1 Profits
I noticed a slew of articles and blog entries last week talking about companies using solid inventory management solutions to improve their bottom line. I’ll share one of them right now and then talk about another one a little later. … Continue reading
