Recent

% | $
Quotes you view appear here for quick access.

Macy's, Inc. Message Board

  • rwcva rwcva Jul 7, 1998 11:50 AM Flag

    Poor Image of Macy's in news media

    Read the news stories pertaining to the
    Saks
    Fifth Avenue/Proffits merger.
    The general public
    hopes that "Saks will not
    not end up like
    Macy's"
    Macy's is perceived as a poor service
    non-exciting
    retailer.
    I also found it interesting that when
    talking
    about upper level retailers that Bloomingdales
    was
    NEVER mentioned as being a competitor.
    Again, as
    almost always NORDSTROM was mentioned
    as a retailer
    for the upscale customer.
    THIS HAS VERY STRONG
    IMPLICATIONS FOR A NEGATIVE
    PERFORMANCE OF bloomingdales
    and Macy's in new
    markets.
    This therefore is
    NOT a stock for long term growth.

 
M
67.09Jun 29 4:02 PMEDT