In Thursday's episode of Investor Beat, we're gearing up for earnings season and looking at the day's movers and shakers.

Macy's 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 like T.J. Maxx and Nordstrom are best adapting to the new world of retail. Hint: It's not J.C. Penney

Rounding out the big stories of the day, our analysts discuss how Ford's new strategy for aggressive innovation is paying off. Bed Bath and Beyond is asleep at the helm, probably snuggling in a bed-in-a-bag. Angie's List gets an upgrade, but this Foolish analyst isn't buying it. And Buffalo Wild Wings has had a great run, but are those wings getting too spicy?

Finally, closing out today's episode of Investor Beat, Jason and Taylor discuss why they're keeping close watch on shares of Alcoa and Gap.