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Macy's reported earnings May 11, 2017, and results fell short of Wall Street expectations. The nation's largest department store chain warned sales will fall further this year. Corporate signage is seen May 2, 2017, at Macy's flagship store in New York. Macy's reported earnings May 11, 2017, and results fell short of Wall Street expectations. The nation's largest department store chain warned sales will fall further this year. The potential sale of the top half of Macy's State Street store isn't the only change coming to the Chicago landmark. As part of an effort to jump-start lagging sales, the nation's largest department store chain is experimenting with new ways of selling shoes, the company said Thursday. Despite a drop in first-quarter sales that dragged down profits, Macy's did see a lift in women's shoes after running a pilot program in some stores around the country, CEO Jeff Gennette said in an earnings call with analysts. The retailer started implementing the programs after losing market share in the category through 2015 and in 2016. The pilots focused on product selection, assuring each store had enough sizes and colors of in-demand styles on hand and sorting shoes by style rather than brand, Gennette said. Macy's also incorporated some self-service, allowing customers to grab their own size of shoe rather than having to wait for a salesperson.
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