Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: In the beginning, Macy’s was one store in New York. And Bloomingdale’s was one store in New York, and Filene’s in Boston, and Wanamaker’s in Philadelphia, and Bullock’s in Los Angeles, and Marshall Field’s in Chicago. Throughout the 20th century, waves of consolidation concentrated independently run stores in the hands of fewer and larger holding companies.

Source: Bloomberg.com

Date: Nov 28, 2017

Link: https://www.bloomberg.com/graphics/2017-where-macys-came-from/

Questions for discussion:

  • What does this report and chart say about the history of the department store concept?
  • Is there any future merger or acquisition strategy left for Macy’s?
  • What strategic advice would you offer to Macy’s management?

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