Just like that, Macy's has added 1 million additional square feet to its supply chain, announced its CEO Jeff Gennette during the company's recent Q3 earnings call.
As part of its efforts to increase the productivity of its physical assets, Macy's converted space in 35 stores to serve as mini-distribution centers.
These semi-automated mini distribution centers totaling nearly 1 million square feet allow the retailer to reduce shipping costs and split shipments, better utilize inventory in specific markets and regions and improved delivery speed, which will be an advantage this holiday season, according to CFO Adrian Mitchell, who also spoke during the call.
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