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    Department Store Downfalls: The Decline in Brick-And-Mortar: By: Jarnae Early

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    The document discusses the decline of brick-and-mortar department stores. It first defines brick-and-mortar as referring to the physical store locations of retailers. It then lists some of the key reasons for the closing of major department stores, such as the rise of e-commerce like Amazon and department stores failing to meet changing consumer needs. The document then focuses on Macy's, outlining their background and annual revenue, as well as ways they have tried to stand out from competitors by implementing mobile checkout, virtual reality, and environmentally friendly practices both within and outside their stores.

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    Department Store Downfalls: The Decline in Brick-And-Mortar: By: Jarnae Early

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    43 views11 pages
    The document discusses the decline of brick-and-mortar department stores. It first defines brick-and-mortar as referring to the physical store locations of retailers. It then lists some of the key reasons for the closing of major department stores, such as the rise of e-commerce like Amazon and department stores failing to meet changing consumer needs. The document then focuses on Macy's, outlining their background and annual revenue, as well as ways they have tried to stand out from competitors by implementing mobile checkout, virtual reality, and environmentally friendly practices both within and outside their stores.

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    The document discusses the decline of brick-and-mortar department stores. It first defines brick-and-mortar as referring to the physical store locations of retailers. It then lists some of the key reasons for the closing of major department stores, such as the rise of e-commerce like Amazon and department stores failing to meet changing consumer needs. The document then focuses on Macy's, outlining their background and annual revenue, as well as ways they have tried to stand out from competitors by implementing mobile checkout, virtual reality, and environmentally friendly practices both within and outside their stores.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    43 views11 pages

    Department Store Downfalls: The Decline in Brick-And-Mortar: By: Jarnae Early

    Uploaded by

    api-444420266
    The document discusses the decline of brick-and-mortar department stores. It first defines brick-and-mortar as referring to the physical store locations of retailers. It then lists some of the key reasons for the closing of major department stores, such as the rise of e-commerce like Amazon and department stores failing to meet changing consumer needs. The document then focuses on Macy's, outlining their background and annual revenue, as well as ways they have tried to stand out from competitors by implementing mobile checkout, virtual reality, and environmentally friendly practices both within and outside their stores.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    of 11

    Department Store Downfalls:

    The Decline in Brick-and-Mortar


    By: JarNae Early
    • What is Brick-and-Mortar?
    • Why Stores are closing

    AGENDA • Macy’s background


    • How Macy’s Set themselves
    apart from competitors
    • Research/Findings
    WHAT IS BRICK-
    AND-MORTAR?
    • The Physical Store
    Location Of
    Retailers
    WHY ARE MAJOR DEPARTMENT STORES CLOSEING DOWN?

    • Rise of E-commerce
    • Amazon
    WHY ARE DEPARTMENT STORES CLOSING?

    Changing with Failing to meeting


    Mismanagement
    time consumer’s needs

    Retaining Rise of e-
    Store size
    relevance, commerce
    History of
    Macy’s
     24.84 billion in revenue
     Started in 1830’s
     Rank 120 on Fortune500
     Bloomingdale and Bluemercery
    WITHIN STORES
     Spin Off Stores
     Mobile Checkout
     Virtual Reality
     Environmentally Friendly
    What Stands Out
    About Macy’s? OUTSIDE OF STORES
     Dramatic Corporate turnaround
     Eliminating 100 at vice president level or higher
    REASEARCH
    When shopping at Macy’s what is your preference, Instore
    or Online?
     Instagram Poll
     Facebook Post
    FINDINGS
    QUESTIONS?

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