Macy's finds magic in Millennials
HTT Staff -- Home Textiles Today, 10/18/2012 12:56:50 PM
New York - Macy's is rolling out 13 new brands and expanding 11 others in two of its departments - mstylelab for 13-22 aged shoppers and Impulse for customers who are 19-30 - as the first phase of a broader outreach to Millennials.
Announced this past spring, Macy's Millennial initiative calls for a focus on younger consumers.
Macy's described these "Millennial" shoppers as "America's largest and most diverse age demographic with spending estimated at $65 billion each year for the kinds of merchandise sold at Macy's."
By the end of 2013, the brands launched or expanded at Macy's are expected to have "fully established a new and fresh shopping environment to hold the attention of a generation that is keenly interested in trends, style and value," the retailer noted. The brands announced today were in the apparel, accessories and footwear categories.
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