Macy ’s isn’t facing a retail apocalypse. It’s facing a shrinking middle class

Back in the day, the New York Macy’s had a department store rival just down the street called Gimbels. In the early 20th century, the two vied for a particular kind of customer. “The white, middle-class consumer,” said Vicki Howard, a historian and author of “From Main Street to Mall.” After World…#newyorkmacys #gimbels #vickihoward #frommainstreet #mall #worldwarii #macy #gapfootlocker #amazon #brandonsvec
Source: Reuters: Health - Category: Consumer Health News Source Type: news