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 ) .
Opportunities in retail
To learn about two retailers with especially good prospects, take a look at The Motley Fool's special free report: "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail." In it, you'll see how these two cash kings are able to consistently outperform and how they're planning to ride the waves of retail's changing tide. You can access it by clicking here.