Who is potential competitor for Macy's?

Potential competitors for Macy's include department stores like Nordstrom and Kohl's, as well as discount retailers such as Target and Walmart. Online retailers like Amazon also pose significant competition by offering a wide range of products and convenient shopping experiences. Specialty retailers and off-price chains like TJ Maxx and Ross Dress for Less further intensify the competitive landscape, appealing to budget-conscious consumers.