Thread regarding Macy's Inc. layoffs

How Williams Sonoma’s digital bets made it a coronavirus winner

This is a very different mentality from other large stores facing industry headwinds. Department stores like JCPenney and Macy’s have long had difficulty growing their e-commerce businesses in a way that offset declining foot traffic. While many factors are at play with those companies, their insistence to focus on stores as a primary sales channel almost certainly played a role too. JCPenney, for example, has long had difficulties growing its online presence despite being an early player to the e-commerce space.

For Williams-Sonoma, the company was able to use programs it already invested in to its advantage. For larger retailers struggling due to store closures, it presents a stark contrast.

“In some ways, when you look at the results,” said Saunders, “you think there has been no pandemic at all.”

by
| 681 views | | 2 replies (last June 3, 2020) | Reply
Post ID: @OP+15gMW9wW

2 replies (most recent on top)

Nope ...

by
| | Reply
Post ID: @1mmx+15gMW9wW

This post should be deleted.

by
| | Reply
Post ID: @mif+15gMW9wW

Post a reply

: