Macy's Inc Case Study

1375 Words6 Pages
Macy’s Inc. Student Name Institutional Affiliation Macy’s Inc. Section II Career opportunities available; Store management – The store management involves training to become a business consultant and a leader who can manage, inspire and execute successfully. It involves daily management of a retail location. Therefore, they are responsible for the financial results within their departments. The different career opportunities that are available the department include; Chief Store’s officer Regional Director of Stores - responsible for sales and profits for a region of about sixty to one twenty stores. District vice president- Boosts sales and profits within a district, by creating an outstanding performance. VP Store Manager-Running of…show more content…
In this field the financial career path involves; Finance Analyst-developmental position which enables on to learn the operational tasks in finance Manager- supervision of direct reports Director- responsible for department and results. Vice President –develop strategy and oversee the development of the department. Group Vice President - provides the overall strategy of multiple finance departments. Executive vice president- set the enterprise level in a strategic direction to fit their function. Chief Financial Officer- Head of the division. The department has a finance executive development program, in done within twenty-four-month period. This does not formally train, but informal and informal mentors, which will help in networking. One will also be trained to handle responsibilities, Accounting services, capital control and tax workings. Asset protection The asset protection team is responsible for protecting the assets, the stores and brand name and any other physical assets that the industry may have. The career path involves progressing through the different positions. These…show more content…
The company has close to about seven hundred stores, all of which are under the name of Macy’s and Bloomingdale, Bluemercury and Macy’s Backstage. There are about one hundred and sixty specialized designed shops under the name. In the Us, they operate in forty-five states and has extended to South American countries, such as Puerto Rico, District of Columbia and Guam. It also has specialized stores in Middle East countries such as Dubai and Kuwait. During the last year, Macy’s experienced decreased sales, especially during the holiday sales. Consequently, this led to the decision to close more than sixty stores within the year. The company has also scheduled close to thirty-four stores within the coming few years. As much as the company is closing the outlets, it has not announced the plans to open any new stores shortly. The eleven stores that have been scheduled to start include the Laguna Hill mall, Novato, both in California. They included Magic Valley Mall, Twin Falls, Idaho, Honey Creek Mall, Terre Haute, Indiana Birchwood Mall, Fort Gratiot Township, Michigan Fountain Place, Cincinnati, Burlington Town Center, Burlington,
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