Macy's
Retail fashion and home goods retailer
Assortment Associate - Textiles
+ Performance-based incentives + Annual merit review + 401(k) match
About the job
- Proficiency in analyzing sales data, turn plans, and financial targets to inform assortment planning decisions.
- Ability to collaborate within the Assortment Planning team and contribute to a culture of excellence and collaboration.
- Understanding of retail concepts, including assortment planning, private brand line plans, and allocation processes.
- Proficiency in quantitative analysis, including building and maintaining category C-1, assessing current season performance, and determining future season replenishment assortment.
- Strong organizational skills to assist in developing by-store sales and turn plans, inspecting receipt flow plans, and managing key processes in pre-market, in-market, and post-market phases.
- Familiarity with relevant tools and systems, such as NuOrder and electronic data interchange systems, to conduct style outs, confirm store matrix, and apply minimum/maximum at the style level.
- Strong decision-making skills, particularly in finalizing necessary changes after style out and Buy Review and supporting the sending of orders for allocation.
- A bachelor’s degree or equivalent work experience in a related field is encouraged.
- Ability to perform essential job functions involving communication, collaboration, use of office and computer systems, access to written and electronic information, movement within the work environment, and interaction with workplace materials.
- Ability to work a flexible schedule based on department and company needs.
- Collaborate with the Director to develop and execute the buying framework for the designated category.
- Work with cross-functional teams to align assortment planning with strategic and financial objectives.
- Assist with pre-market, in-market, and post-market analyses.
- Support the creation and implementation of private brand line plans using historical performance and adoption rates.
- Contribute to style outs aligned with customer preferences and market trends.
- Assist with the allocation process by confirming the store matrix and applying minimum/maximum at the style level.
- Develop by-store sales and turn plans aligned with annual financial targets.
- Inspect receipt flow plans and address variances with Financial Planning.
- Define clustering strategies based on channel and tier/climate differences by category.
- Build and maintain category C-1 in coordination with the Divisional Merchandise Manager.
- Assess current-season performance and determine future-season replenishment assortment.
- Establish bottoms-up targets for key-item volume drivers, trends, and newness.
- Evaluate assortment breadth, depth, and productivity.
- Finalize the shopping-list composition before market appointments.
- Quantify the buyer’s curated assortment by brand, style, channel, and store cluster.
- Align assortments with cluster financial targets and the assortment framework.
- Identify duplication across styles and vendors during the style-out process.
- Conduct style outs in NuOrder or within the market cycle based on system capabilities.
- Address style-out questions concerning customer attributes and tier differences.
- Finalize changes after style out and Buy Review and support sending orders for allocation.
- Participate in reviews of each Assortment Wedge led by the Senior Director, Assortment Planning.
- Contribute to discussions about top goals, risk and upside assessment, clustering strategy, breadth and depth philosophy, and key door initiatives.
- Attend market appointments in the absence of the Assortment Director.
- Confirm the store matrix as the first part of the allocation process.
- Apply minimum/maximum at the style level to ensure appropriate depth.
- Support electronic data interchange allocations to vendors at least 30 days prior to in-distribution-center dates.
- Inspect receipt availability before releasing orders.
- Foster an environment of acceptance and respect that strengthens relationships and ensures authentic connections with colleagues, customers, and communities.
About the company
Macy's sells fashion and home goods through its large network of department stores and macys.com. It sources products from suppliers and earns revenue by marking up purchases and by operating a branded credit card, promotions, and loyalty programs. Its shopping experience includes free shipping on qualifying orders and fast, free in-store pickup, supported by data-sharing for secure processing and logistics. The company differentiates itself with a broad mix of price points and brands across dual channels, aiming to reach a wide audience, drive sales, and build customer loyalty.
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1858
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Simplify's Take
What believers are saying
- Q2 2026 comps rose 2.7% and Macy's raised full-year sales and EPS guidance.
- Macy's received $116 million tariff refunds and reinvests $96 million into growth.
- Fall 2026 designer capsules with Tommy Hilfiger, Michael Kors, and Donna Karan attract traffic.
What critics are saying
- Macy's expects Q3 2026 adjusted loss of 19-23 cents, pressuring sentiment.
- About 85 stores closed by September 2026, shrinking traffic and sales comparison.
- WorryNoMore warranty lawsuits in California attack trust and could hit repeat furniture sales.
What makes Macy's unique
- Bloomingdale's delivered 11.3% Q2 2026 comps growth, proving luxury relevance.
- Reimagined 200 stores outperformed the fleet by 80 basis points in Q2 2026.
- Macy's combines macys.com, stores, and AI assistants to lift engagement and conversion.
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Benefits
Health Insurance
401(k) Company Match
Paid Vacation
Paid Holidays
Mental Health Support
Merchandise Discounts
Performance Bonus
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 2%2 year growth
↑ 2%Macy's says Bold New Chapter strategy is driving sales growth at investor Conference. Macy's (NYSE:M) executives told investors at the Goldman Sachs Global Consumer and Retail Conference that the company's "A Bold New Chapter" strategy is producing sales growth, improved customer-service metrics and progress across its Macy's, Bloomingdale's and Bluemercury banners. Track Market Trends Chairman and Chief Executive Officer Tony Spring said the company is about two and a half years into the strategy, which was designed to improve store productivity, close underperforming locations, strengthen luxury banners and modernize operations. He said Macy's has posted growth in its Reimagine stores in nine of the last 10 quarters, has recorded five consecutive quarters of growth at the Macy's banner, and has exceeded its guidance in six quarters. Discover more Join Trading Exchanges Track Stocks Bonds "The A Bold New Chapter is working," Spring said, adding that Macy's store net promoter scores have increased by 10 points since the initiative began. Reimagine stores expand across the fleet. The Reimagine program began with 50 stores before expanding to additional cohorts of 75 and then 200 stores. Spring said the program combines improvements in merchandising, product presentation, fitting rooms, staffing, store density and price-point assortment. Macy's has added associates in departments including handbags, shoes and fitting rooms, while seeking to offer "more variety, less redundancy" in its merchandise assortment, Spring said. About 60% of Macy's store base and 75% of Macy's store business are now included in the Reimagine program. Chief Operating Officer and Chief Financial Officer Tom Edwards said the investments are capital-light, focused primarily on employees, customer experience, events and marketing. The company has seen sales gains following the initial investments and profitability improvements thereafter, he said. Edwards added that Macy's is testing and advancing additional store pilots this year as preparation for further Reimagine expansion in 2027. Bloomingdale's remains a growth engine. Spring described Bloomingdale's as a key growth driver, citing double-digit growth in each of the final two quarters of 2025 and growth of more than 9% in the preceding period. He attributed its performance to its strategy, merchandising, leadership, execution and positioning with an advanced contemporary-to-luxury customer. While disruption among competitors has helped support the banner's growth, Spring said Bloomingdale's has been able to capitalize because of its brand assortment, culture and execution. He said growth has been broad-based across apparel, accessories, men's, home, digital, physical retail, off-price, full-price, marketplace, licensed and owned businesses. The retailer recently launched its Hotel Bloomingdale's fall campaign in partnership with The Ritz-Carlton, featuring exclusive merchandise. Spring said the company sees additional opportunities through new Bloomingdale's locations, Bloomingdale's The Outlet stores and expanded digital and physical distribution. Edwards said Bloomingdale's represents a percentage of the overall company in the high teens and is "nicely profitable," though the company does not disclose banner-level profitability. Consumer trends, pricing and inventory. Spring said Macy's customers remain resilient but selective amid macroeconomic uncertainty. He characterized the outlook as likely to remain "choppy," citing potential inflation, interest-rate, oil-price, geopolitical and weather-related variables. The company is entering the fall season with inventory up 2.5% in the second quarter, in line with sales growth, Edwards said. Spring pointed to fashion trends including leather, suede, structured handbags, animal prints and boots as potential drivers of demand. Spring also said Macy's is seeing softness in plus-size merchandise while other apparel areas remain healthy, which he associated with early effects from GLP-1 use. The impact has appeared more prominently at Bloomingdale's and in higher-ticket categories, he said. Average unit retail, or AUR, has increased as Macy's improves its brand assortment and customer experience, executives said. Spring expects the pace of AUR growth to moderate in the second half as the company laps tariff-related price inflation. Macy's continues to maintain a range of "best, better, good" price points across its department-store assortment, he said. Guidance, margins and investments. Edwards said Macy's raised both its full-year sales and earnings outlook following its second-quarter results. The company's earnings-per-share outlook increased to a range of $2.15 to $2.35 from its initial range of $1.90 to $2.10, he said. Underlying gross margin improved by about 10 basis points in the second quarter, driven by assortment changes and other initiatives, Edwards said. He expects continued support from the base business in the second half, with supply-chain savings contributing more in the fourth quarter than the third quarter. The company is reinvesting tariff refunds into brand marketing, pilots for future Reimagine stores, selected value and pricing actions, and other strategic initiatives. Spring said Macy's has targeted price investments in areas where tariff effects and consumer sensitivity were greatest, including furniture and fine jewelry. Executives also highlighted artificial intelligence as a tool to support sales, customer experience and organizational effectiveness. Edwards said an AI conversational assistant was rolled out first online at Macy's, then in stores and at Bloomingdale's, and that customers using it are more engaged and spend more. The company is also using AI to improve inventory-allocation decisions, while evaluating investments based on expected returns. Looking ahead, Spring said Macy's remains committed to a go-forward Macy's store base of roughly 350 locations. The company has closed about 85 stores during the first two years of its strategy, while continuing to invest in omnichannel capabilities, faster delivery and store experiences. About Macy's (NYSE:M). Macy's, Inc is an American omnichannel retailer that sells a broad range of merchandise through department stores, specialty stores and digital platforms. Its product offerings include apparel, accessories, beauty products, home furnishings, jewelry, furniture and other consumer goods. Track Market Trends The company operates through several well-known retail banners, including Macy's, Bloomingdale's and Bluemercury. Macy's serves customers primarily in the United States through its stores and e-commerce websites, while Bloomingdale's offers fashion, accessories, beauty and home merchandise through department stores, outlets and digital channels.
Macy's shares have dropped 8.5% over three months, trading at a forward price-to-earnings ratio of 9.39 — well below industry and market benchmarks. The discount follows strong second-quarter results, with net sales up 1.1% to $4.87 billion and comparable sales rising 2.7%. However, the outlook is mixed. Third-quarter comparable sales are expected to range from a 0.5% decline to 0.5% growth, with adjusted earnings projected to be negative. Macy's raised full-year guidance but kept second-half sales assumptions unchanged. Investment spending and store closures present additional headwinds. The company plans to reinvest $96 million in brand building and expects fiscal 2025 store closures to create a $145 million annual sales comparison headwind.
Macy's reported its fifth consecutive quarter of comparable sales growth, with comps rising 2.7% in Q2 2026. Net sales grew 1.1% to $4.9 billion, whilst total revenue increased 1.2% to $5.1 billion. Bloomingdale's achieved its highest second-quarter sales volume in 154 years, with comps up 11.3%. Bluemercury comps rose 6.2%. Adjusted earnings per share reached $0.63, compared to $0.35 in the prior year. Operating cash flow improved to $586 million from $255 million, whilst free cash flow swung to an inflow of $262 million from an outflow of $88 million. The company returned $201 million to shareholders through dividends and buybacks. Macy's raised its full-year guidance, projecting net sales of $21.675-$21.825 billion and adjusted EPS of $2.15-$2.35.
Macy's plans to reinvest $96 million from a tariff refund into price cuts, marketing, staffing, and offsetting fuel costs, CEO Tony Spring told The Wall Street Journal. The retailer will reduce prices on furniture and jewellery, categories hit hard by tariffs and rising costs. Spring said furniture sales suffered when tariffs pushed prices up significantly. After lowering prices in Q2, the category showed marked improvement. The announcement followed Macy's second-quarter results showing net sales of $4.9 billion, up 1.1% year-over-year, and adjusted earnings per share of $0.63. The company raised its FY26 guidance across sales, comparable sales, adjusted EPS, and EBITDA margin. Macy's shares fell around 4% on Thursday despite the positive results.
Macy's raised its full-year guidance following strong second-quarter performance, driven by its "Reimagined 200" stores, which outperformed the broader fleet by 80 basis points. Bloomingdale's achieved its highest second-quarter sales in 154 years. The retailer received $116 million in tariff refunds. It will flow $20 million to the bottom line whilst reinvesting the remainder in brand building and accelerating its 2027 store expansion pipeline. Management attributed a 9% increase in Average Unit Retail to shifting towards "fashion authority" positioning, prioritising premium brand tiers. The company also realised operational efficiency gains through AI-powered replenishment tools and supply chain enhancements. Gross margin guidance now assumes a 5 to 15 basis point headwind from tariffs and fuel costs, improved from the previously expected 20 to 30 basis points.