Co-founders Afzal Imram and Lin Ruiyin brought their son’s story of a cosmic egg, toadstool, and railroad to life in their new collection.
The Malaise of Macy’s
One of Macy’s biggest problems has been its inability to convert Kaufmann’s shoppers, Editor-in-Chief (and Western Pennsylvania native) Michelle Graff writes.

I started this blog on Friday after reading numerous reports about the possible sale of Macy’s.
Since then, there has been other major news that’s broken in the retail world.
On Sunday, Tiffany & Co. announced that CEO Frederic Cumenal was stepping down and would be temporarily replaced by Chairman and former CEO Michael Kowalski while the jeweler hunts for a permanent leader.
Though some news outlets seemed shocked by the news, I wasn’t.
The retailer’s sales have been, to coin Kowalski, disappointing. Worldwide net sales rose 1 percent, declined 6 percent and 7 percent in the last three quarters, and Tiffany has posted poor holiday performances back-to-back.
I don’t think it’s hard to understand why Cumenal no longer has the corner office, or why another big jewelry retailer, Signet Jewelers Ltd., also recently changed up its senior management after its holiday season was less than stellar.
Retail is changing and retailers--particularly public companies that have to answer to shareholders--have to change with it.
So, while I may return to the topics of Signet and/or Tiffany at a later date, for now I want to talk about Macy’s, Retail Dive and an interesting conversation I recently had with my mother.
While reading multiple stories about the murky future of Macy’s on Friday, I came across this excellent analysis from RetailDive.com.
In her article, Contributing Editor Daphne Howland argues that what’s killing Macy’s isn’t competition from Amazon or off-price outlets but, rather, Federated Department Stores’ (which later changed its name to Macy’s) 2005 purchase of The May Company.
The acquisition left the retailer over-stored and unable to offer exactly what customers want in every market.
Federated/Macy’s bought up “thriving” regional chains--like Kaufmann’s in Western Pennsylvania, a retail staple of my youth--with roots in their respective communities and made them “cogs in a machine,” the articles states.
The story struck a chord with me because of a recent conversation I had with my mother, in which we got to talking about the state of retail where I grew up, in Beaver County, Pennsylvania.
Mom was telling me how she’d read in the local newspaper (long live print journalism!) that the Macy’s store in the Beaver Valley Mall--which I made famous via this blog before--was one of the many Macy’s that closed at the end of last year.
She wasn’t surprised to read that Macy’s was shutting down because it
To my mom, the store went downhill after it was converted from Kaufmann’s into Macy’s; she never saw much in there that she wanted to buy and the store itself wasn’t as nice either.
And, Mom said, a lot of other people in the area felt the same way.
Kaufmann’s had deep local roots.
Founded by 1871 by Jacob and Isaac Kaufmann, the department store was part of the fabric of Western Pennsylvania for decades. There’s the iconic clock in downtown Pittsburgh (“Meet me under the Kaufmann’s clock.”) and Fallingwater, the amazing Frank Lloyd Wright-designed weekend home the Kaufmann family had built in Mill Run, Pennsylvania, a must-see if you ever get to the area.
There really wasn’t any way for Macy’s to emulate that and, as a result, what ended up happening is exactly what my mom observed: People really never came to love Macy’s the way they loved Kaufmann’s.
My mom’s musings on Macy’s sum up perfectly the point that was made in the Retail Dive article.
The retailer got too big to deliver any kind of personalized experience to customers, to stock each store with merchandise that suited them and to make area residents feel that Macy’s knew what they liked.
And, it seems, this lack of personalization was especially detrimental to Macy’s in Midwest metropolitan regions like Pittsburgh, as this is where Macy’s is expected to close the most stores, according to Retail Dive.
Retail today is so different and so difficult that I cannot offer jewelers a panacea, a single solution for all their store’s problems. I cannot say that being a town’s “local jeweler” will save a store because, as we’ve seen, longtime family-owned retailers are closing down too.
And I cannot say that remaining a Kaufmann’s would have saved this specific store, given the long, slow economic decline of the area surrounding it and the myriad challenges facing brick-and-mortar retailers today, particularly those situated in aging malls.
But I think what can be learned from Macy’s is that for retailers, local/regional names do carry weight among area residents and aren’t necessarily so easily replaced.
As National Jeweler columnist Peter Smith stated when commenting on this story about San Francisco retailer Shreve & Co. closing the Portland, Oregon storeit opened in the space once occupied by 88-year-old store Carl Greve Jewelers: “I wonder if things would have been different if they had kept the Carl Greve name? Shreve’s had no awareness in that market. Sad to see.”
There is value in having a connection to the community and in knowing exactly what your customers want.
The Latest

The best time to prepare for the holiday season is right now, according to columnist Emmanuel Raheb.

This year’s winner is Morgan Keefe, who is currently studying at GIA to be a gemologist.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

“The Jewelry Book” comes out this September.


The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.

Following its recent acquisition, the storied brand has updated its leadership team and regional managers.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

AGS also named the recipient of its “Women in Leadership” scholarship.

The 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.

Rocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.

The creator of the WJA Chicago chapter is remembered as a champion for women in the jewelry industry and a loving grandmother.

The decline was consistent across age groups and almost all income groups, with tariffs and inflation still top of mind.

The “Playlist: Electric Dreams” collection brings lyrics from the musician’s song, “Little Wing,” to life through fine jewelry.

The event is set for May 16-19 in Detroit, Michigan.

The Vault’s Katherine Jetter is accusing the retailer of using info she shared for a potential partnership to move into Nantucket.

Agents seized 2,193 pieces, a mix of counterfeit Cartier “Love” and “Juste Un Clou” bracelets, and Van Cleef & Arpels’ “Alhambra” design.

The designer brought her children’s book, “The Big Splash Circus,” to life through a collection of playful fine jewelry characters.

The trade association has chosen the recipients of the funding initiative it formed to foster the growth and sustainability of the industry.

The organization has also announced this year’s slate of judges.

Lori Tucker started at Williams Jewelers when she was 18 years old.

The “Marvel | Citizen Zenshin” watch is crafted in Super Titanium and has subtle nods to all four “Fantastic Four” superheroes on the dial.

The “XO Tacori” collection was designed to blend luxury and accessible pricing.

Pritesh Patel, the lab’s chief operating officer, will take over as president and CEO of GIA.

National Jeweler and Jewelers of America discuss the standout jewelry trends and biggest news to emerge from the shows this year.

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

The winning designs captured the “Radiance” theme.