Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing
Podcast Image

Bloomberg Talks

Macy's CEO Tony Spring Talks Store Improvements

09 Dec 2025

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 8.024 Karen Moskow

Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.

0

8.204 - 21.465 Nathan Hager

And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition. It's your daily 15-minute podcast on the latest in global news, politics, and international relations.

0

21.445 - 27.94 Karen Moskow

Listen to the Bloomberg Daybreak U.S. Edition podcast each morning for the stories that matter with the context you need.

0

28 - 31.468 Nathan Hager

Find us on Apple, Spotify, or anywhere you listen.

0

35.217 - 40.028 Unknown

Bloomberg Audio Studios. Podcasts. Radio. News.

40.43 - 45.157 Romaine Bostick

You know, we were just talking about the increase in foot traffic in malls a little bit earlier.

45.457 - 65.847 Romaine Bostick

I had a chance to catch up with the CEO of Macy's, Tony Spring, to talk about the increase in foot traffic specifically in department stores and obviously specifically in the big brands that he manages, including Macy's and Bloomingdale's and his big turnaround strategy to lessen the overall footprint of some of those stores. A leaner, leaner organization. Take a listen to what he had to say.

66.839 - 84.564 Tony Spring

We just thought about improving the customer experience. So we've had record customer service scores. That's our net promoter score. Would people recommend Macy's to a friend? And we're seeing scores we've never thought possible at the brand. And that was a real focus of mine. We've improved the quality of the assortments.

84.624 - 95.8 Tony Spring

I thought there was way too much redundancy, way too many of the same things. And I thought the breadth of what we offer as a department store needed to improve. We need to go good, better, best, contemporary to classic.

Chapter 2: What insights does Tony Spring share about Macy's store improvements?

213.213 - 232.194 Tony Spring

That means we have to be able to provide a better experience where they live. We think of the digital business as a channel at times. And I'm like, no, the digital business is actually a geography. The people who shop digitally in New York shop in their stores in New York and they want to see a great experience digitally, physically and in between.

0

232.234 - 251.344 Unknown

The forces shaping markets and the economy are often hiding behind a blur of numbers. So that's why we created The Big Take from Bloomberg Podcasts, to give you the context you need to make sense of it all. Every day in just 15 minutes, we dive into one global business story that matters. You'll hear from Bloomberg journalists like Matt Levine.

0

251.624 - 255.471 Nathan Hager

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

0

255.856 - 263.788 Unknown

Amanda Mull, who writes our Business Week Buying Power column. Very few companies who go viral are like totally prepared for what that means.

0

264.449 - 278.229 Zoe Tillman

And Zoe Tillman, senior legal reporter. Courts are not supposed to decide elections. Courts are not really supposed to play a big role in choosing our elected leaders. It's for the voters to decide.

279.23 - 284.378 Unknown

Follow The Big Take podcast on the iHeartRadio app, Apple Podcasts, or wherever you listen.

Comments

There are no comments yet.

Please log in to write the first comment.