Tag Archives: Bloomie's

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Bloomie’s Is Proving A Retailer Can Shrink To Prosperity

Macy’s Inc, the corporate parent of luxury department store Bloomingdale’s, has been trying to shrink itself to prosperity over the past five years without much success.Back in 2018, the company generated $25 billion in revenues and $1 billion in net income out of 867 stores – 649 Macy’s, 55 Bloomingdale’s and 163 specialty Bluemercury beauty […]

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Bloomingdale's new Bloomie's store

Bloomingdale’s Introduces a Scaled-Down Bloomie’s Store in order to Scale-Up

The future of multi-brand retail, particularly in the luxury sector, hangs in the balance. Now Bloomingdale’s introduces an innovative concept called Bloomie’s that is a model of how multi-brand luxury retail can be reinvented then scaled.Multi-brand luxury retail stalledFor the last decade, luxury department stores have been fighting a losing battle trying to attract the […]

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