Macy's (NYSE:M) plans to lay off 2,500 employees and close five stores in an effort to improve efficiency -- saving the company $100 million a year. Investors loved the news, but is it enough to stay ahead in this disrupted industry?
In the lead story from Motley Fool Investor Beat, analysts Jason Moser and Taylor Muckerman discuss which retailers are best adapting to the new world of retail. Hint: It's not J.C. Penney (NYSE:JCP).
Alison Southwick has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.