What: At the Goldman Sachs 29th annual Global Retailing Conference Macy’s, Nordstrom, Shopify and Capri point to the opportunities and threats of the market right.

Why it is important: Macy’s sees occasion-based categories doing especially well right now and says promotions will be high this fall. Nordstrom continues to see a lot of strength in their core categories, like women’s apparel, while their inventory excess is going to take a couple of quarters to get through.

Macy’s is looking to new tools involving a more scientific approach to pricing, including markdown optimization , by style, category, store, and channel, as well as personalization.

Nordstrom’s private label business has been poor considering there has been a leadership change along with decreased inventory compared to the first half of the year.

Shopify says the e-commerce growth curve is back to where it was in 2019 but with a higher base, and projects hitting 7 million USD by 2025.

Nordstrom and Macy’s present challenges at Goldman Sachs Global Retailing Conference