Steve DennisOvjeren akaunt

@StevenPDennis

Keynote speaker, top influencer, strategy consultant, Senior Contributor . My new book--"Remarkable Retail"--can now be pre-ordered .

Dallas, TX
Vrijeme pridruživanja: prosinac 2008.

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  1. Prikvačeni tweet
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  2. My latest "Macy's Underwhelms with New 'Shrink to Grow' Strategy."

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  4. I thought that lack of a mention on Investor's Day was not a good omen.

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    Macy's has been great at generating buzzwords, but not so great at execution. Will the latest plans be any different? I chatted with the Financial Times about the ailing department store and its prospects.

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    "Store closings are not a panacea—and they certainly do nothing to make a struggling brand more customer relevant." - on

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  10. No, no, no. I did not just hear "omni-ability" on the 's call. If they say "phygital" I'm done.

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  11. My blog post on what needed to do from almost 3 years ago, wherein I point out several familiar action steps including the need to focus on the brand's "eco-system"

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    Rut-roh ... Macy's CEO Jeff Gennette says America's weak malls 'continue to decline rapidly'

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  13. Well it was a bit of a lay-up, but yes. I'm a big fan.

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  14. Sephora to open 100 stores in 2020, in bid to grow outside of the mall

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  15. Casper cuts expected IPO price to a range of $12 to $13 a share, down from a prior estimate of $17 to $19 via Surprising precisely no one.

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    Macy's exec says 49% of its stores are in A-grade malls, and those stores generate 66%. Still, being in good malls doesn't guarantee growth- just ask Nordstrom and Neiman Marcus.

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    Want to know what's happening at Macy's investor meeting this morning? I will be keeping you updated here, as Macy's tries to convince Wall Street that America still needs department stores

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    . "Destination Businesses" -- makeup, skincare, fragrancs, dresses, women's shoes, fine jewelry, men's tailored, furniture/mattresses -- represent ~40% of sales and ~50% of contribution margin

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  19. So 's investor presentation is eerily reminiscent of work we did in 2002/03 and in 2007/08. That's either a) good classic back-to basics strategic analysis or b) a sign that they are doing work they should have done more than a decade ago. Hint: It's "b"

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    Macy’s chief customer officer talks about different customer behaviors.

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    88% of Sanders’ supporters and 72% of Buttigieg backers said it was more important to vote for a candidate who will fundamentally change the political system than a candidate who will restore the system to what it was before Trump was elected.

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