Macy's accepting applications for 3rd annual "Workshop at Macy's"
Home Accents Today Staff -- Home Accents Today, October 2, 2012
NEW YORK - "The Workshop at Macy's," the retailer's minority- and women-owned business development program, is now accepting applications for its 2013 class.
The Workshop at Macy's is a four and one-half-day intensive training course developed by a consortium of experts from Macy's Learning & Development, Macy's Multicultural Merchandising and Vendor Development, Babson College, and with select Macy's merchants and vendors.
The curriculum is aimed at minority- and women-owned retail businesses that make department store products and are poised to grow beyond self-distribution or low volume retailing. The goal of the annual program is to help create a pipeline of viable enterprises that will grow to become successful partners within Macy's own vendor community, often bringing unique goods/trend perspectives to stores across the country.
The initiative, which began in spring of 2011, has resulted in six current vendor relationships with previous graduates, who have seen their unique goods hit the market at select Macy's stores across the nation. The inaugural workshop saw more than 1000 applicants, 22 of whom were selected for the program. Businesses ranged from makeup/skincare companies to confectionaries, home textiles and ready-to-wear designers.
"We are very excited to kick off the application process for the next workshop class," said Shawn Outler, Macy's group vice president of leased businesses, vendor collaboration and multicultural business development. "This program was created to develop minority- and women-owned businesses that make great product, but need real-world knowledge and experience in the arena of a large scale nationwide retailer. This program helps reinforce Macy's long-standing commitment to vendor diversity and to providing customers with unique goods and services that meet their lifestyle."
To be eligible, an applicant must be the majority (51% or more of equity) owner, co-owner or otherwise have operational control (per applicable status rules) of a business that has been in operation for at least two consecutive years and be its primary decision maker. Eligible applications will include a 250-word biographical statement, look book/line sheets or images of product including costs, resumes on all owners, financial statements for the business for two years, fall within the minority- and women-owned definition of the program and provide verification of the business as a legal entity (i.e. corporation, LLC, etc.), among other requirements.
All eligible applications will be reviewed and select applicants will be asked to attend an in-person interview. Final selections will be made after all prospective candidates are interviewed. The program will take place in New York City in early May of 2013.
Applications must be submitted online or postmarked by Feb. 3, 2013 by 11:59 p.m. ET. All information including full program requirements are available at www.macysinc.com/workshop.