Current employees, Did anyone watch the big meeting today with the two over paid bozos spouting off about 2018 being the year of growth. Highlight was Hal stating we should know our competitions business. Kohls, Nordstrom, etc. Even their bestsellers. So, in your spare time go in to their stores and ask them? Gee, what is your best seller? Macy's had the lowest percentage of increase in 4th quarter than all of our competition. Better slow the growth, lower top executive pay and pay off the debt first. Increases will be short lived as consumers struggle to meet increasing living expenses. Credit cards are getting maxed out. Sorry to be the spoiler of such an inspiring comedy show today. Yes, you guys own it alright. Destroying a company and loyal employees with your poor business ethic.
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Interesting topic here. 4Q sales were up for almost all , Kohls, Nordstrom, Walmart, Target, etc. Consumers are racking up debt first again. So, to assume Macy's slight increase was due to Jeff or Hal is simply smoke and mirrors. Give them credit for slashing jobs and raising their pay. Ask home Depot what Hal did to them. Not good.
Bahaha to the last comment. Maybe all of you are out of touch. They are looking for business savvy executives. That is not what Macys had and Terry was losing Macys. Keep doing it the Terry way and watch the sales go back down. Hal didn’t get where he is because he’s an idiot, he got there because he is smart. Maybe you need to listen and digest
Agreed the meeting was not motivational. Hal does not fit in. Knowing your competition is good business, but Hal totally miscommunicated the action. I guess all we can do is what we all do best, our jobs. We know what do do team. Terry taught and mentored many of us. We know this business. We have "owned" our actions for a long time. Let Jeff and Hal own theirs now. Problem is they will take us down with them.
This is the second time someone posted about more cuts in May???
Has anyone heard the details?
Heard about the meeting from an executive.. my question is IF Macys is doing soooo well, why are they still cutting positions? I hear they will be cutting signing associates come May. Any other info on this? Yes, I’m a signer for a HUGE store.
Tender neutral Star Rewards program coming in June 2018 (cash & 3rd party credit/debit cardcustomers can now gain Gold & Platinum status)
Buy Online & Ship to Store (BOSS) program to launch soon.
I muted it about 10 minutes in and went about my business. Hal Lawton is the worst. Its sickening to see he could purchase a 10 million dollar home on the backs of so many that lost their jobs.