By the end of the week, Macy’s is set to be the largest retailer in the US.
And while the company may be celebrating the end to Black Friday sales, the day will also feature a new trend: Black Friday Fashion Week.
While the holidays typically are celebrated in a celebratory manner, fashion week is usually reserved for high-end fashion and accessories.
That means that many stores have to take a step back and reflect on their future plans.
For Macy’s, it means rethinking how it sells its clothes, and a new approach is needed to help it compete with the likes of Dolce & Laviolette, H&M, and others.
“Black Friday is a big deal.
It is the best shopping day of the year,” said Michael D. Roesel, senior vice president for merchandising at Macy’s.
“I want to make sure we are a great value store.”
Dressed to impressIn recent years, Macy\’s has started to focus on cutting costs by using fewer employees.
The company said that it is now down to 20% of its workforce and has made cuts in its supply chain, including outsourcing production to overseas.
The company is also making some other changes to its apparel line, including an all-day line of clothing, a more diverse range of women\’s and children\’s clothing, and an aggressive push into the shoes and accessories department.
It will open its first Black Friday store in late March in New York City, the first in the nation.
The store will have a limited selection of men\’s shoes, women\’t, and children’s shoes, and will be a flagship store for the Macy’s Black Friday line.
Macy’s hopes that the store will help it to gain more ground against rivals like H&M and Nordstrom.
“We have been focused on making sure that we are doing a good job at everything we can in terms of quality, service, and price, and that we make sure our retail team is working hard to make our Black Friday look great,” Roessel said.
The retail giant is also planning to open its second Black Friday location in Atlanta in early May.
Calls to Macy\’t in the past have been unsuccessful.
Last year, the company responded to a reporter who questioned why its stores were open on Black Friday and not on other shopping days.’
We want to create a positive experience for the customers’A Macy\’ll spokesperson said the company was looking into expanding its Black Friday promotions.
“We have made a number of investments over the past few years to improve our supply chain and reduce costs, and as part of that effort, we have expanded our Black Thursday and Black Friday options to include some of the most sought-after products from leading designers,” the spokesperson said.
“Additionally, we are exploring the possibility of expanding our Black Monday and Tuesday options.”
Black Friday will be the second-largest shopping day in the United States, and the second day of Black Friday.
In 2013, Black Friday brought in $1.4 trillion, according to data from the Retail Industry Leaders Association.
“We want Macy’s to be a great brand for our customers.
That includes making sure we do a great job of selling Black Friday,” Roesel said, adding that Macy’s will focus on its Black Thursday merchandise.”
There are so many different ways to make Black Friday an experience, but Macy’s believes that if you take the right steps, it can be a success,” Ruesel said.
Diane C. D’Auria, president of The Black Diamond Group, said she expects to see more retailers take a page out of Macy\”s book this year, and Macy\’ts move into the Black Thursday space.
“I think Macy\’m going to make a lot of waves, and I hope they do,” she said.