If you take a look at Macy's performance, it's horrid. Bloomingdale's doing much better even though people hate to shop at dpt stores now as they can get most of the goods online. So, Bloomingdale's is changing in order not to close they need to be more nimble and focus on brand owned segments.
I hope they do not end up closing stores like Macy's even though they only have 50 stores or something like this, so they are much smaller.