Macy’s, Inc. Reports Fourth Quarter and Full-Year 2022 Results

Q4 2022 comparable sales down 3.3% on an owned basis and down 2.7% on an owned-plus-licensed basis; FY 2022 comparable sales up 0.3% on an owned basis and up 0.

I continue to believe that 2023 is a make-or-break year for Macy’s - their selection is getting worse and they have added a marketplace that reeks of desperation…

Department stores have long had lots of concession lines in store, marketplace is the digital version of that.

I am still not buying the Macy’s marketplace