A very good video summarizing that end is near for retailers and Macys https://finance.yahoo.com/video/2020-holiday-season-impact-retailers-202122964.html

https://hbr.org/2019/10/why-companies-do-innovation-theater-instead-of-actual-innovation The reason I am posting this here is Macy's Tech under previous CTO was a lot of theater and process – compared to actual innovation and competitiveness... — read more 

Is it true that the current employee discount of 20 % is going to be lowered to 15%?

If you are in retail you can not "Hide" from the Global Recession on the horizon. This is going to impact everyone. Macy's is trying to survive like everyone else by cutting costs. Kroger announced yesterday they are laying off hundreds of employees... — read more 

https://www.retaildive.com/news/the-department-store-of-the-21st-century-isnt-macys/564318/ Top Quotes: "They keep acquiring things and bolting them onto a sinking ship." "Macy's has two things, space and audience, and they're not leveraging... — read more 

https://finance.yahoo.com/news/target-trips-reveal-why-the-stock-price-is-at-a-record-161732982.html Macy's needs good corporate strategy people.

In case anyone is curious what ex-Macy’s platform leaders are doing now: https://alchemistaccelerator.com/graduate/cresance “Patent pending breakthrough AI technology” “We were confronted with huge cloud costs everyday... we immersed ourselves... — read more 

Please go through this first: Walmart e-commerce is losing $1 billion as it tries to catch Amazon https://www.vox.com/recode/2019/7/3/18716431/walmart-jet-marc-lore-modcloth-amazon-ecommerce-losses-online-sales Multiple sources tell Recode... — read more 

MACY’S BARGAINING COMMITTEE LOOKS FOR PROGRESS IN NEGOTIATIONS AT UNION SQUARE Little progress was made in the most recent bargaining session as Macy’s management rolled out an unacceptable low-ball wage proposal and continued to ignore Local 5... — read more 

I posted few messages as a deeply anguished, humble and lost, tech worker ... postings removed since Macy's HR is actively managing the brad here (understandable ...)!

On Macy's, The Industry, Automation and Artificial Intelligence: Retail is only going to get worse and not better with all of the automation raising the bar for human equivalents. If I were to offer a suggestion it’d be to work towards a skill... — read more 

"1. Whatever the work is, do it well — not for the boss but for yourself. You make the job; it doesn’t make you. Your real life is with us, your family. You are not the work you do; you are the person you are." Toni Morrison — read more 

"This DC operates on the Google cloud platform, getting us improved efficiency, speed and scale to support the continued growth of our off-price business," said CEO Jeff Gennette on an August earnings call. The Macy's spokesperson did not respond... — read more 

Macy’s stock is down 50% in 2019, markedly lagging the rest of the S&P 500 since January. In fact, Macy’s is one of the worst performers in the index so far this year. The stock currently trades near $15 per share, down from its $40 high in 2018. The... — read more 

Battling out in this "supposed" anonymous forum is a pointless activity ... please save yourself from next recession. https://www.forbes.com/sites/cognitiveworld/2019/10/02/preparing-for-the-next-recession/#406d988c35b9 Contractors and part... — read more 

It is a public information in LinkrdIn to know in last six months how many people left or laid off from Macy's.com in San Francisco. It is 100+ year old sinking ship in San Francisco Bay Area. I hope the people are able to adjust in a fast moving... — read more 

The enterprise value of real estate and digital is way more than current market capitalization. I hope an activist investor steps in and extracts the locked in value to put this century old legacy company to RIP.

https://www.usenix.org/system/files/login/articles/login_june_07_jones.pdf An unusual feature of Google’s engineering hiring process is that the hire/no-hire decision is not made by a manager; instead, it’s made by a hiring committee before going... — read more 

Clearance sales will begin in January 2020. The store will close at the end of February. Store employees first learned of the closing Friday morning in a regular staff meeting. An employee who was present said people were “aghast. I mean, their... — read more 

Did I hear there were layoffs today? 500 from buying office and no more ASMs?

Now that the dust has settled with Bon-Ton closures. Predictions of Regional reductions are on the horizon .Big boxes will go down to 4 and the goal is to get down to 3 . Many analysts predict further loss of high paying VP, Director and executive... — read more 

1-Pager, 2-Pager, 3-Pager Portfolio Model / Certification of Value Program Management Office Timesheet Culture BS Agile / ScrumBan Free for all experimentation (no proof of statistical validity) Heavy dependence on contractors *... — read more 

Does anyone know what this is about? How does this manager fit in the store org chart? https://www.indeed.com/m/viewjob?jk=42f5fddb2d30b348&from=serp Also see new Vendor Brand Specialist job postings. What brands and is it all stores?

Here are the top 10 companies where employees most fear being laid off, and the percent of employees who said they were afraid: Tesla Motors (77.22%) eBay (71.88%) Snapchat (71.25%) SAP (66.28%) VMware (65.77%) Oath/Verizon Media... — read more 

I was laid of at Macy's Technology. As expected, after the layoff my Macy's card reverted to the standard-issue card, and my corporate email address was no longer valid. When I asked customer service the best way to proceed, they said that I simply... — read more 

We received the memo last week on saving money through hour cuts, not fill open management shifts and company wide travel band. But the executive team came working through our store @ 8:00 last night “under the radar”! What happened to the so-called... — read more 

I have sensed criticism of current CTO (due to SanFrancisco layoffs) – perhaps it will be informative to compare current CTO (focussed on Cost) versus Last CTO (focussed on Process). I thought CTO meant "Chief Technology... — read more 

Macy’s revealed Monday evening that it has begun a search for a CEO to lead the 157 store-plus BlueMercury cosmetics chain. The brand’s co-founder and Chief Operating Officer Barry Beck will leave the company on Sept. 20 to pursue an undisclosed new... — read more 

Anyone else have their hours cut? Our Store Manager just showed us an article about a strategy to save $500 million in expenses and explained that hours have been cut across the store to achieve the savings requirements. We had a ton of open shifts... — read more 

Anything new in store for the Jewelry Complex? Any key positions like JBM, JSS, Captain or Clerical combining or changing soon?

Is the AST being combined with AYS?

Any feed back form former MST working for NCR. How is the work load, etc? Is there an improved working environment??

I thought about applying in the Women's shoe department, but I heard that they cut the commisson rate in that department. Does anyone know if this is true?

Is there any real news out there regarding sept cost cutting? By real news, i mean not all these tired posts from disgruntled employees.

Considering how understaffed we usually are, among other things?

Start with what's been earning yr over yr. .com sector. Dump piles of capital into more buildings. Re-align the company and equip it properly to cater the .com industry. Keep stores open for that small 20% of people who are still traditionalists... — read more 

I know things have been far from perfect lately, but that's the situation in the entire retail sector. Several of my former co-workers quit and are now regretting that decision. It was easy to find a new job, but it was impossible to find a new job... — read more