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#store-renovations

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Macy's says more than half its customers have a household income of $100,000, and that's helping its turnaround

CEO Tony Spring told investors on Macy's earnings call that higher-income households are driving part of the recovery. Spring said that more than 50% of Macy's customers come from households earning over $100,000. "While we have exposure to lower income levels, it's not nearly what it was," he said, adding that Macy's also reaches more affluent consumers through its Bloomingdale's brand. "I think as you go by income level, you certainly see a healthier performance in the higher tiers of income."

Business

Miami food

fromSun Sentinel

3 months ago

Walmart rides wave of Florida growth with new round of store makeovers

Walmart is enhancing its shopping experience in Florida through extensive store renovations to attract price-conscious consumers.

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#store-renovations#store-renovations

Macy's says more than half its customers have a household income of $100,000, and that's helping its turnaround

Walmart rides wave of Florida growth with new round of store makeovers

#store-renovations
#store-renovations