retail news in context, analysis with attitude

…with brief, occasional, italicized and sometimes gratuitous commentary…

• The Seattle Times reports that Macy's plans to close its landmark store in downtown Seattle, completing what has been a slow but immutable shrinkage of its space at that location.

It was just two years ago that Amazon took over the top six floors of the building, putting offices (and one Amazon Go store) into the space, leaving Macy's with just the two bottom floors.

Clearance sales will begin after the holidays, in January.

It is perhaps reflective of broader realities that Macy's also announced that "this year the 161-foot high Macy’s star that is lit annually to mark the start of the holidays in Seattle will not shine," because it is "in need of repair." The same might be said of its business model.
KC's View: