Macy's Has Made The Physical Mannequin Obsolete

RELATED QUOTES

SymbolPriceChange
M49.00-0.43

Macy's is amping up its tech spending in an effort to better reach millennials, CEO Terry Lundgren said at a shareholder meeting Friday.

He talked about several projects he has in the works, including showcasing merchandise not available in stores on tablets on the sales floor, David Moin in at Women's Wear Daily reported.

The chain will also have digitally-driven mannequins that change with the weather, promoting snow boots during a winter storm or a rain jacket during a downpour. The customers could also change clothes on the mannequins, Lundgren said.

Here's a full list of the changes Lundgren said he's working on:

• Rapidly rolling out new ways to reach customers with special offers delivered to their mobile devices through Facebook, Google and other sites, and directly via text message.

• A “new generation of price checkers” on the selling floor with suggestive selling capability.

• Digital displays extending assortments in places where selling space is limited.

• Using tablets on the sales floor, particularly in jewelry, so associates can make faster transactions without the need to frequently open and lock up jewelry cases.

• Digitally driven virtual mannequins that change outfits to suit different crowds and weather patterns. If a snowstorm rolls in, the mannequin dons a down jacket and boots, for example. Shoppers may also change what the mannequin wears.

Don't miss: Here's What It's Like To Shop At Macy's In The Middle Of The Night >


More From Business Insider

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    574.50-5.25-0.91%
    JETAIRWAYS.BO
    50.85-5.50-9.76%
    HDIL.BO
    25.75-2.55-9.01%
    UNITECH.BO
    67.25-6.15-8.38%
    JAIPRA.BO
    104.10-5.75-5.23%
    RCOM.BO
  • Price % Gainers
    Price % Gainers
    NamePriceChange% Chg
    47.855.95+14.20%
    SAHARAHOUS.BO
    155.0019.00+13.97%
    FRLSL.BO
    19.602.40+13.95%
    APCL.BO
    424.9044.90+11.82%
    CMIFPE.BO
    25.402.30+9.96%
    RASIELEC.BO
  • Price % Losers
    Price % Losers
    NamePriceChange% Chg
    400.00-93.30-18.91%
    INDUSINDSL.BO
    9.02-1.97-17.93%
    PIONRINV.BO
    526.00-94.20-15.19%
    INGVYSYABNK.BO
    49.00-6.55-11.79%
    SUMMIT.BO
    150.00-20.00-11.76%
    VADILENT.BO

Latest News

  • BSE Sensex falls; Ranbaxy, L&T slump
    BSE Sensex falls; Ranbaxy, L&T slump

    Reuters Market Eye - The BSE Sensex falls 0.66 percent and the broader Nifty is down 0.8 percent, heading towards their fourth consecutive session of declines. Asian stocks slid and the dollar rose to ...

  • Ranbaxy shares slump after Daiichi Sankyo says misled

    Ranbaxy Laboratories Ltd slumped as much as 6.97 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believes former shareholders of the Indian company hid information regarding U.S. ...

  • China's Lenovo buys and diversifies to outshine PC rivals
    China's Lenovo buys and diversifies to outshine PC rivals

    Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest ...

  • Singapore Q1 GDP growth surprises on surge in financial services
    Singapore Q1 GDP growth surprises on surge in financial services

    Singapore on Thursday reported a surprise expansion in its economy in the first quarter, helped by a surge in financial services as trading in stocks and foreign exchange soared. The Southeast Asian city-state, ...

  • Asian shares extend losses after China HSBC flash PMI
    Asian shares extend losses after China HSBC flash PMI

    Japanese government bonds plunged on Thursday, taking yields to their highest in a year and leading a selloff in bonds globally after Federal Reserve Chairman Ben Bernanke's remarks sparked worries of ...

  • China HSBC flash PMI hits seven-month low, fans growth fears
    China HSBC flash PMI hits seven-month low, fans growth fears

    China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary survey of purchasing managers showed, adding to concerns that a recovery in the world's second-largest ...

  • Rupee at new six-month low; refiner sells dollars

    Reuters Market Eye - The rupee is at a new six-month low on global dollar strength after Bernanke testimony, says a dealer. The rupee is at 55.77/78 after falling to 55.86, last closed at 55.46/47. The ...

  • Samsung says Galaxy S4 sales hit 10 million

    Samsung Electronics Co said sales of the latest version of its flagship Galaxy S smartphone have reached 10 million since its launch in late April, making the model its fastest selling smartphone. The ...

MAJOR STOCKS (A-G)

MAJOR STOCKS (H-N)

MAJOR STOCKS (O-Z)

MARKET COMMENTARY

  •  
    Recent Quotes
    Symbol Price Change % ChgChart 
    Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
    You need to enable your browser cookies to view your most recent quotes.
  • Recent Quotes News

    •  
      Sign-in to view quotes in your portfolios.