Is Macys expecting to benefit from economies of scale or does the firm think there are diseconomies
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Is Macy’s expecting to benefit from economies of scale or does the firm think there are diseconomies of scale? Explain your answer.
Macy’s CEO Jeff Gennette believes that Macy’s has high potential outside of malls and in smaller formats.
The department store chain is planning to test several smaller Macy’s stores outside of malls.
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Based on the information provided Macys is likely attempting to benefit from economies of scale by s...View the full answer
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