off-price retail news and archive

Macy's opens Backstage at Herald Square flagship

Macy’s Herald Square’s 8th floor is now home to a new tenant, but one the department store chain is all too familiar with. Macy’s Backstage, the company’s off-price retail chain, has officially opened, bringing the magic of Macy’s discounted offerings to Manhattan. This marks the first Macy’s Backstage in Manhattan. The new space delivers a...

FeaturedMember

Fashion

Is full price fashion over?

It is well documented that fast fashion brands have had a negative impact on consumer shopping habits. Many customers are no longer willing to pay full price for clothing, with discounting, off-price retail and affordable fast fashion changing the global retail landscape. But never before has high-end fashion had it so tough. Today I visited...