Macy’s announcement Tuesday that it will close 150 stores, or nearly a third of its total, is the result of a once-great department store industry in decades of decline.
Honestly I think it’s their quest for maximizing profit that bit them in the ass. They have been trying to sell discount store quality at midrange prices.
When I was a teenager and working, I bought from Sears, JcPenny and Macy’s when I could because they had nice quality stuff that lasted. I HATED shopping so I saved up and looked for better quality. They had it and if you timed it right you could get them at a reasonable prices (not cheap but reasonable).
Now they have the same crap as the discount stores with higher prices.
In order to get midrange quality anymore you have to order online, if you can find it at all. Many of the former quality brands “Levi’s, etc” are absolute shit now.
That SOOOO weird it’s almost like the middle class evaporated
Honestly I think it’s their quest for maximizing profit that bit them in the ass. They have been trying to sell discount store quality at midrange prices.
When I was a teenager and working, I bought from Sears, JcPenny and Macy’s when I could because they had nice quality stuff that lasted. I HATED shopping so I saved up and looked for better quality. They had it and if you timed it right you could get them at a reasonable prices (not cheap but reasonable).
Now they have the same crap as the discount stores with higher prices.
In order to get midrange quality anymore you have to order online, if you can find it at all. Many of the former quality brands “Levi’s, etc” are absolute shit now.
Quality went down, price went up. America in a nutshell.