Examine the factors driving Macy’s store closures by exploring modern retail trends and shifts in consumer behavior. Evaluate how the rise of e-commerce and digital-native brands have impacted traditional retail giants. Discuss the strategic responses of brick-and-mortar stores to adapt to the digital age, such as leveraging technology and enhancing in-store experiences. Consider the implications of these changes on the future of retail and how companies like Macy’s can stay relevant. Conclude with insights into the balance between physical retail spaces and online shopping in meeting evolving consumer expectations.
