Our Stores Are Still Relevant, Says Macy's CFO

The video discusses the importance of multi-channel shopping for market success and customer productivity. It highlights the need for repositioning store portfolios, focusing on new store formats, and enhancing customer engagement. The discussion includes the significance of having both physical and online retail presence, as seen with companies like Amazon. The video also covers the financial strategies of department stores like Macy's and Kohl's, emphasizing the importance of financial health and shareholder value. The Polaris strategy is mentioned as a key approach to unlocking shareholder value.

In what ways did Macy's and Kohl's adapt their business strategies?

What is the significance of financial health for retailers as mentioned in the text?