Discussion: Macy's Grand Strategy
Recently, Macy's announced the combined closing of over 125 stores and the layoff of approximately 2,000 workers nationwide.
Do some research on Macy's. Visit IBISWorld and research the U.S. Department Store Industry, then address the following:
1. Describe the specific strategies that you believe Macy's has followed in the past 3 years.
2. Discuss why the strategies of this company appear to be failing (why are they now needing to close so many stores?).
3. Are the strategies of the company you selected flawed? If so, why? If not, what else is the cause of the multiple store closures on the part of both companies?
Discussion Assignment Expectations
To receive full credit for the discussion, you must complete the following:
1. Enter a minimum of 3 quality posts: Your own initial/original post of 200 words or more and responses of at least 100 words to 2 classmates.
2. Cite at least one source in your initial post.
3. Provide a References section at the bottom of your original post in APA 7 style.
Grading Note:
At Trident University International, rubrics are used for grading. These rubrics specify the points available for each component of an assignment. Points are earned based on the level of the work submitted. The rubric in the Discussion Dropbox is used for this Discussion Assignment.
