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Stock impact report

Macy's Vs. Amazon - Which Company Is More Price Competitive? [Seeking Alpha]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Seeking Alpha
Summary This post was written by Hamish Kumar for Integer Investments. Previously, we wrote an article discussing the recent poor operational performance of Macy's ( M ). Here is what we said about it: Management has emphasized that the changing retail environment is the biggest factor to this [weak FY 2016 results]. Consumers are now more likely to compare item prices online, and buy from the cheapest vendor. Consumers are also more likely to purchase through e-commerce platforms. Macy's has re-aligned its company strategy to address this changing dynamic. This is through shifting capital and resources to invest more on their e-commerce division. The company has indicated that this division has grown by double-digit percentiles over the last year. However this is from a small base, meaning absolute growth would be small (e-commerce sales only account for 10% of total sales made by the business). Despite this, it is encouraging signs for the business going forward. O Show less Read more
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