Where is Macy s going? retaildive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retaildive.com Daily Mail and Mail on Sunday newspapers.
Note from the editor
It may seem obvious to say that stores have had to evolve in the past two decades as e-commerce infiltrated the industry. Then again, stores have
always evolved in order to compete as times, technology and tastes change. And, most of all, to please customers.
In the internet era, a shopper is likely to have made a series of decisions based on information gathered on their phone, well before they get to the store. Which by the way is what most shoppers still do, for practical reasons, and, at least some of the time, because it’s fun.
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There s a rumor in Chicago that Target is thinking of taking over space being vacated by Macy s on the Magnificent Mile shopping district, at the Water Tower Place shopping center, according to a recent report in the Chicago Tribune.
This location has been the scene of controversy in the past. Before it was a Macy s, that store was a Marshall Field s, one of the mall s first anchors when it opened in the 1970s. Some Chicagoans have never forgiven Macy s for its takeover of perhaps their most beloved retailer early this century.
Now, the notion of replacing Macy s with a Target is creating a buzz. In an interview with WGN radio, Cook County Treasurer Maria Pappas called the prospect embarrassing, disgusting, and desperate on the part of mall owner Brookfield.
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Cigarettes, tobacco alternatives, salty snacks, candy, packaged beverages and beer.
These are familiar items found at convenience stores, and among the top drivers of sales for those retailers, according to Nielsen. They are easy to grab during quick stops, after filling the gas tank.
They must be good for drugstore sales, too, because these are also the products that crowd the front of the stores run by the top drugstore retailers in the U.S. (CVS stopped selling tobacco products in 2014 in order to square its merchandising with its healthcare ambitions; rivals Walgreens and Rite Aid so far have resisted taking that step despite their own moves to offer more clinical services.)