We hate to see anyone loose a job. Reality is if you are in a neighborhood store we all know our malls are tired. Our customers are old, the area was once thriving and now it's not. We may do 5,000 by noon if we are lucky. We see the same handful of... — read more
Macy’s CTO communication
I see that this email is published in full on the business insider website - but is posted as premium content that requires $ payment. Can someone share the same in comments? The last post with that email was deleted
How much does Macys spend on the parade each year?
…..and I wonder how many jobs that equates to?
It's Official, Naveen Krishna the worst Fortune 500 CTO in America
After a disastrous holiday shopping season for Macy's Inc. what does this genius of a corporate executive do? He destroys Macy's tech, the only profitable part of the business by closing down all of it's offices and consolidating in Atlanta. ... — read more
How many Macys stores are left after 2020 closings?
Cannot find this info anywhere. Please share.
And the only reward is...
I wanted to give my best wishes to folks who underwent the layoff. Remember, its not the end of the world and specially if you are in the coastal regions of the country, jobs are a plenty .. I don't think that the folks who are not impacted by the... — read more
Company Assets
If you think any employee is an asset, you need to take a look at which column in the balance sheet payroll is under. The basic balance sheet equation is Assets-Liabilities=Equity. Here is a hint. Payroll is not under Assets or Equity.
Our clueless CFO Paula Price does it again
mcom's Finance team in SF is still on the job and working through 4/30. So our pyramid head, Paula, scheduled an "Ask Me Anything" web meeting for next week - at 6:00 AM Pacific! I realize that our SF team is not going to be at Macy's for very long... — read more
More neighborhood store questions
Is plan adjusted or lowered once becoming a neighborhood store?
What is a Macys core store?
Our store is a core store, what is a core store?
The whole "district" situation
Correct me if i'm wrong, but it seems like districts are here to stay, just under a different title (divisions??) It seems like the whole point of doing this was to eliminate the district managers but still keep the separation within regions. It... — read more
Stop all the whining and do something about it
For far too long the real fuel behind a companies success has not been a CEO, COO, CSO or any other Corp Office Executive title that sits around and wonders how they can manipulate the company to make their stock options and/or grants worth more... — read more
Considering What's Going on With Retail....
What I find hard to believe is how many of you were surprised or caught off guard by this. Seriously? Are you living under a rock? Are you an ostrich posing as a human? Maybe spend less time in front of the id–t box and more time paying... — read more
Polaris
Polaris. noun. A star located at the end of the handle of the Little Dipper, in the constellation Ursa Minor, approximately 408 light years from Earth, and almost at the north celestial pole. Also called North Star . You see even the meaning is... — read more
Any MTMs left?
How many MTMs have lost their position or got displaced?
Everything rises and falls, on Leadership
Everything rises and falls, on Leadership. - John Maxwell
Atlanta Resource
For those in Atlanta, after 38 yrs of service, I left Macy’s last year, there CAN be a better life beyond Macy’s! Roswell UMC’s free renowned program helps you prepare and find another job/career. PLEASE go to https://www.rumc.com/jobnetworking. ... — read more
CEO email
Who has it? The most recent one sent out. Post it in comments. The last post about this email was deleted and I want to read it
Neighborhood stores
We got the announcement this morning that our store is becoming a neighborhood store ...what is the timeline for that? Is it just a small segway before we inevitably close? I want to hear first hand experience
Low Decline for last 10 Years
poor decisions from corporate too many young moved up the ladder with very little experience DM did very little to help the stores no strategy except cutting hours for employees and more workload for managers
It was bound to happen
Former Management here- Worked for the company for 8 years. 6 straight then the first round of store closures scared me to leave to another location. Then that retailer died in that location. Went back to Macy's and it was worse than the first 6... — read more
At least there is media coverage...
Usually, when we have cuts barely anybody writes anything about it or even mentiones it in any way. This time, though, is different. Articles about this are all over the place and I have even seen some mainstream media coverage. I'm not saying... — read more
Will this work?
Does anybody here actually believe that this whole Polaris thing is going to do us any good? I think they are grasping at straws and I doubt we'll see any improvements in a year - other than reduced operating costs due to all the layoffs. I'm... — read more
New Jersey Stores?
anyone know what the cuts are in NJ? i hear runners for W. shoes are being cut? and its going open sale. any news rumors? job ideas to jump to?
Here we go again
Prior years, the severance package was offered to those over 50. Yes, age does equal a higher salary when you factor in 2 to 3 % pay increases over 20 years. Regardless of talent, this group was eliminated for cost savings. Age... — read more
Any news about AST roles?
Except for cutting staff, the associate role and the supervisor role have not been touched in years except to take work away, amazingly. How do you have a supervisor who supervises basically nothing besides one or two associates, while other... — read more
STORY was a confirmed failure.
Macy's will be closing story in every location except HSQ. Way to go.
Indian IT Shop Model does not work
This round of layoffs is another evidence that the Indian IT shop model does not work. Stuffing your workforce with foreign workers may lower costs in the short period, but eventually you will pay the consequences. See what happened to Boeing with... — read more
store structure?????????
So there are so many posts but what will be the store structure? Less managers? What about AST? DMET? MTM's? etc. Is there a different store structure for neighborhood stores?
Negotiating the Severance Offer
Has anyone had any luck negotiating a severance offer at Macy’s? If so, who did you work with and what were you able to obtain?
Let's be the change we would like to see in this situation
I've watched this site for the past few weeks silently... I now want to break that silence and hope you can keep your responses to this thread positive. I want to focus on our colleagues that are impacted. Their families, their children, their... — read more
DVP role is eliminated?
I left a year ago and just heard this news. No more districts? Then all DVPs eliminated or shuffled to other roles? There were some great DVPs in the northwest region. So they are all gone? Did they finally merge the Northwest and Southwest... — read more
DME Position
“Director of Merchandising Execution” Obviously this position will land in “core” stores only. Any word or speculation on the volume threshold for the position to be in a store? Or is every store getting this new position.
Macy’s did this to themselves.
Macy’s is not able to compete at the target level. Stores are mall based on the whole. Consumers taste levels have never varied this much, yet the sameness throughout every region negatively affects everything. There is zero reason to... — read more
Market by Macy's
Thoughts? A winner? A dud?
2000 to be laid off, 125 stores to be closed by Macy's
So, the total laid-off count is 2,000 (corp & support, 9%)... 125 stores to be closed. (RTTNews) - Macy's, Inc. (M) announced three-year Polaris Strategy to lower costs, and stabilize profitability. The company is streamlining organization... — read more
Ap/op jobs northeast ?
Ap/op jobs in northeast being cut ?
Severance Plan
What's the severance for this go-around (layoffs never stop)... I was let go in 2018...