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Is less more for big-box retailers?

from Chain Store Age

Upon first glance, Macy's early January portfolio adjustment announcements appear to be a standard annual strategic repositioning. However, there has been a disproportionate share of coverage and discussion surrounding the well-known retailer's store closings. To figure out if this scrutiny is representative of a net negative for the iconic department store brand, or simply business as usual, Macy’s decision must be analyzed. Taking a closer look at the smallest store scheduled to be shuttered, a 75,000-sq.-ft. Macy’s in Belmont, Mass., and the largest, a 791,000-sq.-ft. location in Houston, Texas, provides some insight into the dynamics behind Macy’s decision-making process. more


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