Retail

Macy’s is getting into the clothing subscription and resale markets

0


A woman looks for shoes at a Macy’s store on December 24, 2015 in New York City.

Getty Images

Macy’s said Wednesday it’s dipping its toes into both the clothing subscription and apparel resale businesses.

The department store operator said it started a pilot this month with resale marketplace ThredUp at 40 Macy’s stores across the country.

“We know many consumers are passionate about sustainable fashion and shopping resale,” CEO Jeff Gennette said on a call with analysts. “This partnership gives us the opportunity to reach a new customer and keep them coming back to shop an ever-changing selection of styles, and brands, that we don’t typically carry.”

Earlier, Macy’s reported fiscal…



Source cnbc.com

These stocks are dependable winners after the yield curve inverts

Previous article

Work starts soon on Texan wind farm that will power over 160,000 homes

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Retail