An AI overhaul at Macy’s is fueling the 168-year-old retailer’s turnaround
Macy's is undergoing a significant turnaround, partly driven by its strategic implementation of AI technologies. The company's AI-powered chatbot, "Ask Macy's," has proven particularly successful, with its "Complete the Look" feature significantly boosting customer spending. This focus on practical AI applications, such as demand forecasting and personalized suggestions, contrasts with previous less successful tech initiatives. Macy's is now prioritizing innovations that solve customer issues or improve operational efficiency, moving away from "shiny objects" and towards a more disciplined approach to technology adoption. AI
IMPACT Enhances customer engagement and spending through personalized AI features, signaling a trend in retail AI adoption.