Macy's, Inc. (M): ANSOFF Matrix Analysis [Jan-2025 Mise à jour]

Dans le paysage dynamique de la vente au détail, Macy's, Inc. navigue stratégiquement sur le terrain complexe de la croissance et de l'innovation grâce à une approche complète de la matrice d'Ansoff. En explorant méticuleusement la pénétration du marché, le développement, l'innovation des produits et la diversification stratégique, le détaillant emblématique se positionne non seulement pour survivre, mais prospère dans un écosystème de consommation de plus en plus compétitif et dirigée numériquement. De l'amélioration de l'engagement numérique aux lignes de mode pionnières et à des expériences de magasinage personnalisées, Macy's réinvente sa trajectoire avec des stratégies audacieuses et avant-gardistes qui promettent de redéfinir les paradigmes traditionnels de vente au détail.

Macy's, Inc. (M) - Matrice Ansoff: pénétration du marché

Développer les récompenses du programme de fidélité

Le programme Macy's Star Rewards compte 24,4 millions de membres actifs en 2022. Le programme de fidélité a généré 6,2 milliards de dollars de ventes, ce qui représente 42% du total des revenus de l'entreprise.

Améliorer les efforts de marketing numérique

Les ventes numériques de Macy ont atteint 8,8 milliards de dollars en 2022, ce qui représente 37% du total des ventes d'entreprises. Le trafic en ligne a augmenté de 12,6% par rapport à l'année précédente.

• Budget de marketing numérique: 214 millions de dollars en 2022
• Abonnés des médias sociaux: 16,3 millions sur toutes les plateformes
• Liste de marketing par e-mail: 58,9 millions d'abonnés

Augmenter les promotions personnalisées

Les campagnes de marketing personnalisées ont généré 3,4 milliards de dollars de revenus ciblés, avec un taux de conversion de 22% plus élevé par rapport aux promotions génériques.

Optimiser l'expérience client en magasin

Macy's exploite 508 magasins à travers les États-Unis. Ventes moyennes des magasins par emplacement: 24,3 millions de dollars par an. Score de satisfaction du client: 7,6 sur 10.

Mettre en œuvre des stratégies compétitives de correspondance des prix

Le programme de correspondance des prix couvre 97% des concurrents en ligne. Ajustement moyen des prix: 5-8% entre les catégories de produits.

Macy's, Inc. (M) - Matrice Ansoff: développement du marché

Développer la présence du marché numérique dans les plateformes internationales de commerce électronique

Les ventes numériques de Macy ont atteint 8,8 milliards de dollars en 2022, ce qui représente 37% du total des ventes. Les stratégies internationales d'extension du commerce électronique se concentrent sur les marchés clés:

Cibler la démographie plus jeune par le marketing stratégique des médias sociaux

Métriques de ciblage démographique:

• Potentiel de part de marché de la génération Z: 22,4%
• Taux d'engagement du millénaire: 17,6%
• Budget publicitaire sur les réseaux sociaux: 42,3 millions de dollars en 2022

Développer des partenariats avec les canaux de vente au détail émergents en ligne

Explorez les emplacements de banlieue de banlieue et plus petits

Stratégie d'expansion des magasins:

• Ouvertures de banlieue prévues: 17
• Investissement moyen par magasin: 2,3 millions de dollars
• Marchés cibles: zones métropolitaines de taille moyenne

Créer des formats de magasins spécialisés pour des régions géographiques spécifiques

Macy's, Inc. (M) - Matrice Ansoff: développement de produits

Lancez les collections de mode exclusive de marque privée

Les marques de marque privée de Macy ont généré 5,1 milliards de dollars de revenus en 2022. Les marques clés de la marque privée incluent:

Développer des lignes de vêtements durables et respectueuses de l'environnement

Les initiatives de durabilité de Macy comprennent:

• Engagé à 100% de coton d'origine durable d'ici 2025
• 50 millions de dollars investis dans la technologie de la mode durable
• Réduction des émissions de carbone de 44% depuis 2016

Introduire des vêtements et accessoires intelligents intégrés à la technologie

Développez les catégories de produits de la maison et de style de vie

Performance du segment des marchandises à domicile:

• Revenus de catégorie de logements: 3,2 milliards de dollars en 2022
• Les ventes de marchandises à domicile en ligne ont augmenté de 18,5% en glissement annuel
• La collection Martha Stewart a généré 420 millions de dollars

Créer des collections organisées ciblant des segments de consommateurs spécifiques

Macy's, Inc. (M) - Matrice Ansoff: diversification

Investissez dans des services de consultation de style personnel et de style numérique

Macy's a lancé son service de style numérique appelé Macy's Style Crew en 2019, générant 25 millions de dollars de revenus supplémentaires d'ici 2020. La plate-forme permet aux stylistes personnels de gagner des commissions grâce à des recommandations numériques.

Développer des plateformes de vêtements de location et d'occasion

Macy's a acquis Cakestyle en 2019 et a lancé la plate-forme de revente des coulisses de Macy, générant 180 millions de dollars de revenus de revente et de location d'ici 2021.

• Année de lancement de la plate-forme de revente: 2019
• Revenus de revente: 180 millions de dollars
• Catégories de location: vêtements pour femmes, accessoires

Créer des partenariats stratégiques avec les entreprises technologiques numériques

Macy s'est associé à Google Cloud en 2020, investissant 30 millions de dollars dans les initiatives de transformation numérique.

Explorez le bien-être et les concepts de vente au détail basés sur l'expérience

Macy's a investi 5 millions de dollars dans les expériences de vente au détail de bien-être, élargissant les sections de beauté et de bien-être dans 150 magasins.

• Investissement du bien-être: 5 millions de dollars
• Magasins avec sections de bien-être: 150
• Catégories clés du bien-être: beauté, santé, fitness

Développer des services de magasinage et de style basés sur un abonnement

Le service d'abonnement de Macy's Style Pass lancé en 2021, générant 45 millions de dollars de revenus récurrents avec 75 000 abonnés actifs.

Macy's, Inc. (M) - Ansoff Matrix: Market Penetration

Market Penetration focuses on increasing market share within existing markets using existing products. For Macy's, Inc., this means driving higher sales through its current store base and digital channels.

Drive digital sales growth, aiming for over 35% of total revenue.

• Digital Commerce 360 projects Macy's total web sales in 2025 will reach $7.21 billion.
• In the second quarter of 2025, total revenue was $4.81 billion.
• In the first quarter of 2025, net sales were $4.6 billion.
• For the 26 weeks ended August 2, 2025, net sales were $9.411 billion.

Expand Macy's Backstage store-within-a-store concept to 400+ locations.

Macy's, Inc. is actively growing its off-price offering to capture value-seeking customers in existing locations.

Increase loyalty program enrollment and spend per customer by 10% through personalized offers.

The Star Rewards program is central to deepening relationships with the existing customer base.

• More than 70% of all transactions in 2021 were tied to the loyalty program.
• Customers enrolled in loyalty programs spend 12%-18% more than unenrolled customers.
• Consumers who are enrolled in loyalty programs are 70% more likely to continue shopping with a brand.
• Loyal customers generate 40% of online store revenue.

Optimize pricing and promotions to capture market share from mid-tier department stores.

Performance in key store groups reflects the success of targeted investments, which is a form of promotional/pricing optimization through curated offerings.

Enhance in-store experience to boost conversion rates in existing mall locations.

The Reimagine 125 strategy directly addresses in-store experience enhancement in key locations.

• Reimagine 125 locations comparable sales were up 1.1% on an owned basis in Q2 2025.
• The company plans to open up to 30 small-format stores through 2025.

Finance: draft 13-week cash view by Friday.

Macy's, Inc. (M) - Ansoff Matrix: Market Development

Market Development for Macy's, Inc. centers on taking existing brand offerings into new geographic areas or new customer segments within the current operational scope. This strategy is closely tied to the ongoing 'Bold New Chapter' initiative.

The focus on opening new, smaller-format, off-mall stores, exemplified by concepts like Market by Macy's, targets underserved suburban areas as a form of geographic market development within the US. The broader strategy involves a significant reshaping of the physical footprint. Macy's, Inc. plans to focus resources on approximately $\mathbf{350}$ go-forward locations, having closed approximately $\mathbf{150}$ underproductive locations through 2026. The 'Reimagine 125' stores, which are part of this investment, showed promise, with comparable sales up $\mathbf{1.1\%}$ on an owned basis in the second quarter of 2025. This indicates a targeted market approach where investment is concentrated in areas deemed to have higher growth potential.

Targeting younger, affluent customers in existing US cities is executed through focused investments in specific store clusters and luxury brands. The 'First 50' Macy's locations, which receive prioritized investment, delivered comparable sales growth of $\mathbf{0.8\%}$ on an owned basis in the fourth quarter of fiscal year 2024. Furthermore, the luxury nameplates are showing strength, which aligns with targeting affluent segments. Bloomingdale's reported owned comparable sales growth of $\mathbf{4.8\%}$ in the fourth quarter of fiscal year 2024, and $\mathbf{3.6\%}$ in the second quarter of 2025. Bluemercury, the specialty beauty arm, achieved its $\mathbf{17th}$ consecutive quarter of comparable sales growth in the first quarter of 2025, with an increase of $\mathbf{1.5\%}$.

Regarding launching a dedicated e-commerce platform for a new international market, like Canada or Mexico, public reporting focuses more on optimizing the existing digital presence and international licensing. Macy's, Inc. currently operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. The company is heavily investing in its digital platforms as part of its omnichannel emphasis. Digital Commerce 360 projects Macy's total web sales in 2025 will reach $\mathbf{\$7.21}$ billion.

To facilitate cross-border online sales, the strategy includes simplifying and modernizing end-to-end operations. This involves improving inventory planning and allocation and delivering a scalable technology platform. While specific logistics firm partnerships aren't detailed, the overall goal is to deliver a more efficient operating model.

Here's a look at some key figures related to Macy's, Inc.'s operational and financial scope as of the latest reports:

Key performance indicators related to the targeted store investments include:

• Bloomingdale's Q2 2025 owned comparable sales growth: 3.6%.
• Bluemercury Q1 2025 comparable sales growth: 1.5%.
• Macy's Q2 2025 overall comparable sales increase (Owned basis): 0.8%.
• Macy's Q1 2025 Adjusted Diluted EPS: \$0.16, surpassing guidance.
• Total asset monetization expected through 2026: \$600 million to \$750 million.

The strategic focus areas driving this Market Development include:

• Prioritizing investment in approximately 350 go-forward locations.
• Expanding Bloomingdale's and Bluemercury footprint by up to 45 locations through 2026.
• Closing approximately 150 underproductive locations through 2026.
• Macy's Media Network net revenue in Q1 2025: \$40 million, an 8.1% rise.

Macy's, Inc. (M) - Ansoff Matrix: Product Development

You're looking at how Macy's, Inc. plans to grow by developing new products and services, which is the Product Development quadrant of the Ansoff Matrix. This means leaning into what you own and making it better or entirely new.

Invest heavily in private brands (e.g., INC, Charter Club) to reach 25% of total sales.

The long-standing goal, set back in 2020, was for private label products to hit 25% of annual sales by 2025. To be fair, the recent numbers show you're still working toward that. For Fiscal Year 2024, private label merchandise was about 15% of total sales, though management hoped new merchandise could push that to 20%. Back in Fiscal 2022, the contribution was roughly 16%. Macy's, Inc. currently manages a portfolio of over 25 private brands, including I.N.C. International Concepts, Alfani, and Charter Club. The strategy included making four specific brands-I.N.C. International Concepts, Character Club, Alfani, and Style & Co.-each generate $1 billion in revenue. You've also been busy launching new lines; three recent additions include On 34th, State of Day, and Mode of One.

Introduce new service offerings, such as personal styling subscriptions or enhanced repair services.

While specific subscription revenue isn't public, you do offer enhanced services tied to product protection. For instance, repair services are available for Jewelry, Watches, and Furniture via WorryNoMore Protection Plans and a partnership with My Jewelry Repair. This focus on extending product life is a key service component.

Expand the luxury segment with new designer collaborations and exclusive capsule collections.

The luxury segment growth is tracked through the Bloomingdale's nameplate. In the second quarter of 2025, Bloomingdale's comparable sales were up 3.6% on an owned basis. You've also been adding key national brands to the Macy's nameplate's ready-to-wear assortment, including Donna Karen, Karl Lagerfeld, Hugo Boss, Free People, and Good American, aiming to drive interest. The Macy's Reimagine 125 locations, which are getting experience upgrades, showed strong performance with a 1.1% comparable sales increase on an owned basis in Q2 2025.

Develop a sustainable/eco-friendly product line to meet growing consumer demand.

Sustainability is baked into the private brand development, which is smart, because private brands offer higher margins. You have a 2025 goal to have 75% of Private Brand apparel and soft textiles certified as OEKO-TEX STD 100 compliant. Furthermore, there's a 2025 target to reduce water use by 25% in private brand manufacturing located in high water stress areas, benchmarked against a 2019 baseline. A major step in reducing waste in product development involved shifting to virtual samples; by the end of the 2022 development season, 61% of all samples were made virtually, a big jump from just 5% in 2019.

Pilot a rental or resale program for high-end apparel and accessories.

The focus here is on circularity to extend product life, which is a form of product development for the service side. Macy's, Inc. is part of the Ellen MacArthur Foundation to accelerate the transition to a circular economy. You also have a partnership with Give Back Box, allowing customers to donate pre-loved items for resale and recycling. Separately, the beauty products team launched a pilot program to recycle outdated collateral instead of disposing of it in-store as part of the broader 2025 goal to increase in-store recycling rates to 80%.

Here's a quick look at some of the relevant figures for these product-focused initiatives:

You're definitely putting work into differentiating your offerings, which is key when national brands are pulling back. The focus on private brand DNA and consumer data suggests a more rigorous approach than just slapping a label on a product.

• Four private brands targeted to hit $1 billion in revenue each.
• New private brands launched in the last two years include On 34th, State of Day, and Mode of One.
• Repair services available for Jewelry, Watches, and Furniture.
• Goal to reduce water use in private brand manufacturing by 25% by 2025 (vs. 2019 baseline).

Finance: draft 13-week cash view by Friday.

Macy's, Inc. (M) - Ansoff Matrix: Diversification

For Macy's, Inc., diversification moves into new markets or new product/service categories represent aggressive growth vectors beyond core department store sales. The current financial structure provides a baseline for the scale of existing non-merchandise revenue streams.

Acquire a minority stake in a high-growth, non-retail technology company focused on retail AI.

Macy's, Inc. is already embracing AI through partnerships like the one with Rokt, which leverages AI and machine learning within the Macy's Media Network. This existing network, which connects advertising partners with customers, saw its net revenue rise by 8.1% in the first quarter of fiscal 2025, reaching $40 million. The company's CEO and Chair, Tony Spring, has explicitly stated a focus on embracing the power of AI and generative AI to lower costs and unlock efficiencies as part of the three-year turnaround plan. Any minority stake investment would be measured against the existing digital advertising revenue base, which for the full fiscal year 2024 was $176 million.

Launch a standalone financial services product, like a high-yield savings account for cardholders.

The existing credit card operation is a significant, though volatile, revenue source. In the second quarter of fiscal 2025, Credit card net revenues were $153 million, and in the first quarter of 2025, they were $154 million. This revenue stream is integral to the loyalty program, which talks to 40 million customers across Macy's and Bloomingdale's. A new, standalone product would aim to stabilize and grow this base, which saw a year-over-year decrease in net revenue of $84 million to $150 million in the second quarter of fiscal 2023, partly due to delinquencies. The company maintains consistent quarterly cash dividends of approximately $50 million.

Develop and license proprietary retail technology (e.g., inventory management software) to third parties.

Macy's, Inc. is investing heavily in proprietary operational technology, evidenced by the new automated fulfillment center in China Grove, North Carolina, a 2.5 million square foot facility. This facility uses state-of-the-art automation and an advanced warehouse management system, designed to process more orders and replenish stores with greater speed and efficiency. The success of the in-house Macy's Media Network, which generates tens of millions in net revenue quarterly, serves as a proof point for the potential value of licensing other internal systems, such as the technology that doubled productivity in other operations.

Enter the home goods installation and assembly service market, leveraging existing customer base.

This service expansion would align with the focus on the home category, which saw the launch of the new private brand, Arch Studio, offering curated pieces across bath, bedding, kitchenware, and dinnerware. The overall annual revenue guidance for fiscal year 2025 is projected to be between $21.15 billion and $21.45 billion. The company is actively refining its physical footprint to support better service and product delivery for categories like home.

Invest in small, specialized e-commerce brands outside the core apparel and beauty categories.

The company is accelerating growth in luxury and beauty through Bloomingdale's and Bluemercury, with Bluemercury achieving its 17th consecutive quarter of comparable sales growth in Q1 2025. The strategy also involves investing in new brands within the core Macy's nameplate, such as Jenni Kayne and Skims, which contributed to positive comparable sales growth in Q3 2024. The company ended fiscal year 2024 with cash and cash equivalents of $1.3 billion, providing capital for such investments.

The scale of existing non-merchandise revenue streams provides context for potential diversification revenue targets:

The physical footprint strategy is central to supporting any new service or product offering:

• Plan to close approximately 150 underproductive stores over a three-year period through fiscal 2026.
• 66 non-go-forward Macy's store locations were targeted for closure in 2025.
• The focus is on investing in 350 go-forward Macy's locations.
• The 'First 50' pilot stores saw three consecutive quarters of strong growth.
• The company is expanding the 'First 50' blueprint to 125 stores in Fiscal 2025.
• The new China Grove fulfillment center is 2.5 million square feet.