Aspiring business owners take note: Department store giant Macy’s is offering a crash course on retail 101, and with their advice you too can reach retailing greatness.
The second iteration of the “Workshop at Macy’s” program, which targets up-and-coming minority and women business owners, is a four-and-a-half day program that will be held in May of next year. A press release from Macy’s says “The specially designed business development curriculum is aimed at minority and women-owned retail businesses that are poised to succeed on a larger scale, but need real-world business practice information and perspective on large-scale vendor relationships, to move to the next level and sustain growth.”
The specially designed business development curriculum is aimed at minority and women-owned retail business
The first workshop, held last spring, included 22 businesses from all over the retail map, from makeup/skincare companies to confectionary designers. According to those who participated in the course, the experience was well worth it.
“The Workshop at Macy’s challenged us to examine our business on an elevated level,” said Michelle Tunno Buelow, founder of participant Bello Tunno. “It encouraged us to realistically look at our current infrastructure and strategy, dream bigger, then bridge the gap.”
“The opportunity changed my perspective and gave my business the retail insider information it needed to succeed even my own limits,” said Kim Roxie, founder and CEO of LAMIK Beauty, also a previous participant. “The relationships I was able to build within a week will span a lifetime. Cheers to the Magic of Macy’s!”
“The incredible success of our first Workshop this Spring paves the way for a new set of entrepreneurs who are hungry to learn from our stable of experts about the ways they can grow their ventures,” said Shawn Outler, Macy’s group vice-president of Multicultural Merchandising and Vendor Development. “The support and information made available to Workshop participants is invaluable in taking these businesses to the next phase of growth.”
Macy’s is now accepting applicants for next year’s program. To be eligible to participate, applicants must be a majority owner, co-owner, or primary decision-maker of their company, which is required to have been in business for at least two years. Applications will also include a 250-word biographical statement, portfolio of products and their costs, resumes of all owners involved, and financial statements for the past two years. For more information, visit www.macysinc.com/workshop.