Macy's CEO Says Most Stores Are in 'Really Good Shape'

Jeff Gannett, CEO of Macy's, discusses the company's strong earnings, driven by consumer demand and the Polaris strategy. He addresses inflation concerns, labor market challenges, and plans for returning to pre-COVID normalcy. Gannett also outlines the development of Herald Square, emphasizing its importance to Macy's real estate strategy.

What factors are contributing to the change in customer behavior as the economy reopens?

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How has Macy's adapted its strategy in response to the pandemic?

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What economic indicators suggest that consumers are ready to spend?

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How does Macy's plan to address labor costs and attract talent in a competitive market?

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What are the expected challenges for Macy's regarding international tourism?

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In what ways is Macy's planning to enhance its flagship store in Herald Square?

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What is the significance of the Polaris strategy mentioned by Jeff Gannett?

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