Retail Omni-Channel Logistics: What Does Macy's News Mean?

Sometimes when giant corporations make an announcement or negative information is made public it can essentially show that the “writing is on the wall” for the industry.  The accounting fraud perpetuated by Enron that made headlines in 2001 led the way for other major economic scandals from Worldcom and Tyco.  The recent news from Macy’s, while not scandal related, could signal lead the way for similar changes in their industry. The retail giant recently announced that they would be closing dozens of brick and mortar stores around the country.  However, while it could be assumed that this is a red herring for major retail outlets, quite the opposite is true.  In November and December of 2015 macys.com and bloomingdales.com had 17 million orders.  This was a 25% increase over the same time period in 2014.  A recent article from Multichannel Merchant details what Macy’s recent announcement means for the state of omni-channel logistics.  Click this link to read more about omnichannel logistics.