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Call it the Bluemercury Zone.
As Macy’s Inc. grapples with declining sales in its core business, chief executive officer Tony Spring is looking to beauty — in particular, Bluemercury, the specialty retailer it acquired for $210 million in cash in 2015 — as a key to long-term health and longevity for the department store giant.
On deck: a significant number of store openings, as well as upgrades to the existing fleet and a revamped merchandising strategy that places Bluemercury at the upper end of high-touch luxe beauty retailing. The plan is the brainchild of Maly Bernstein, who took the reins of the retailer in 2021, and recently sat down with senior editor Kathryn Hopkins for an exclusive interview detailing her vision for growth.
Elsewhere this week: How The Skinny Confidential’s Lauryn Bosstick is building a significant business by zhoozhing up everyday routines, and 2023’s top-growing beauty products on Afterpay. Click through for complete coverage, and please visit for the latest speakers at WWD’s upcoming Los Angeles Beauty forum on April 16. — Jenny B. Fine, executive editor, beauty, WWD + Beauty Inc. |
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