MFfan310
Well-known member
- Jun 19, 2004
- 6,471
- 48
Not too many people here on Basenotes have talked about Bluemercury.
But they've been quietly growing for the past three years, and the forthcoming growth of this Macy's-owned beauty retailer might be the next big thing the beauty world talks about this. Apparently, the Macy's in my neck of the woods is about to close their Origins counter and put in Bluemercury, which is widely considered to be Macy's answer to Sephora. Ironically, this mall only has a Sephora inside JCPenney. But it's a very high-profit store for Macy's, and Macy's likes applying new ideas to high-profit stores first. For example, this particular Macy's was one of the first in the lower Midwest outside of Chicagoland to have Lush and Bare Escentuals counters.
At the same time, not all "Sephora-killer" concepts work. While Ulta became the Pepsi to Sephora's Coke, CVS Health couldn't make Beauty 360 work and is now reusing the name for their private-label products sold at their ever-popular pharmacies. But Macy's has been in the beauty business for over a century, has the powerful vendor relations needed to pull off such a move, and can easily carve out spaces inside existing real estate as they have with their Luxxotica and Finish Line partnerships. Having acquired the company in 2014 and boosted it to about 60 stores today, Macy's plans to open another 50 Bluemercury stores this year (both inside and outside of Macy's stores). By year end, about 10% of Macy's stores that survive their current and forthcoming store closings of about 100 stores will have Bluemercury stores. Of course, not all Macy's stores are an ideal fit for Bluemercury.
Much like Sephora, Bluemercury carries skincare, cosmetics, and fragrances. Some locations even have spas. But the fragrance part has gotten me particularly excited. Unlike the usual tactic of carrying a bunch of fragrance brands, Bluemercury only carries several. This location will have Creed, Jo Malone, Tom Ford (and yes, this will include the Private Blends), Nest, and Acqua di Parma fragrances - a small number of brands, but all some of the top brands in mainstream niche. And in cosmetics and skincare, the brand list reads like Neiman Marcus or Nordstrom, not Macy's - the perfect way to keep people spending both their fashion and beauty dollars at Macy's. With the national footprint of Macy's, this could be a gateway for brands to be in markets that aren't quite big enough for a Nordstrom. With the exception of Nest (where Von Maur sells some of the body products), Bluemercury will be the first authorized retailer in my market for every fragrance brand that I just mentioned.
In other words, Macy's is very serious about competing with Sephora. Will it succeed? Stay tuned, but the sign of expansion this soon after acquisition sounds like a "yes" to me.
But they've been quietly growing for the past three years, and the forthcoming growth of this Macy's-owned beauty retailer might be the next big thing the beauty world talks about this. Apparently, the Macy's in my neck of the woods is about to close their Origins counter and put in Bluemercury, which is widely considered to be Macy's answer to Sephora. Ironically, this mall only has a Sephora inside JCPenney. But it's a very high-profit store for Macy's, and Macy's likes applying new ideas to high-profit stores first. For example, this particular Macy's was one of the first in the lower Midwest outside of Chicagoland to have Lush and Bare Escentuals counters.
At the same time, not all "Sephora-killer" concepts work. While Ulta became the Pepsi to Sephora's Coke, CVS Health couldn't make Beauty 360 work and is now reusing the name for their private-label products sold at their ever-popular pharmacies. But Macy's has been in the beauty business for over a century, has the powerful vendor relations needed to pull off such a move, and can easily carve out spaces inside existing real estate as they have with their Luxxotica and Finish Line partnerships. Having acquired the company in 2014 and boosted it to about 60 stores today, Macy's plans to open another 50 Bluemercury stores this year (both inside and outside of Macy's stores). By year end, about 10% of Macy's stores that survive their current and forthcoming store closings of about 100 stores will have Bluemercury stores. Of course, not all Macy's stores are an ideal fit for Bluemercury.
Much like Sephora, Bluemercury carries skincare, cosmetics, and fragrances. Some locations even have spas. But the fragrance part has gotten me particularly excited. Unlike the usual tactic of carrying a bunch of fragrance brands, Bluemercury only carries several. This location will have Creed, Jo Malone, Tom Ford (and yes, this will include the Private Blends), Nest, and Acqua di Parma fragrances - a small number of brands, but all some of the top brands in mainstream niche. And in cosmetics and skincare, the brand list reads like Neiman Marcus or Nordstrom, not Macy's - the perfect way to keep people spending both their fashion and beauty dollars at Macy's. With the national footprint of Macy's, this could be a gateway for brands to be in markets that aren't quite big enough for a Nordstrom. With the exception of Nest (where Von Maur sells some of the body products), Bluemercury will be the first authorized retailer in my market for every fragrance brand that I just mentioned.
In other words, Macy's is very serious about competing with Sephora. Will it succeed? Stay tuned, but the sign of expansion this soon after acquisition sounds like a "yes" to me.