Macy's rethinks Black Friday bonanza in era of pandemic - News Summed Up

Macy's rethinks Black Friday bonanza in era of pandemic


Macy's rethinks Black Friday bonanza in era of pandemic Macy’s is refashioning what the Black Friday sales bonanza will look like in a pandemicNEW YORK -- Macy's is refashioning what the Black Friday sales bonanza events will look like in a pandemic. “We have a very strong game plan about how we’re going to keep this trend of digital going," Gennette said during a conference call. Gennette said that Macy's will release details about plans for Black Friday — the day after Thanksgiving that traditionally kicks off holiday shopping — in early September. Macy's reiterated that quarterly revenue slid 45% to $3.02 billion from $5.5 billion last year. In Texas, which has emerged as a hot spot for the virus, Macy’s business softened a bit in the past two weeks, he acknowledged.


Source: ABC News July 01, 2020 15:54 UTC



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