Macy’s is facing significant competition in the retail industry is the top risk that the firm needs to find the solution. According to the National Retail Federation, they are more than three million in the retail corporation in the United States, and they are 286,225 corporations that operating in Clothing and accessories stores. Even though Macy’s is one of the largest retail stores in America, but they are confronting with the major competitor in the same market industry. They are competing not only national retailers but also the regional and online retailer.
