Macy’s Lundgren To Retire
Terry Lundgren will leave Macy’s early in 2018 as the retailer’s executive chairman will retire from the board of directors.
terry lundgren
National Retail Federation Elects Lundgren Chairman
The National Retail Federation has elected Macy’s executive chairman Terry Lundgren chairman of its board of directors.
Gennette Officially Takes The Reins At Macy’s
The Jeff Gennette era at Macy’s has officially begun as the department store’s board of directors unanimously elected the retail veteran as the company’s new chief executive officer.
Report: Macy’s Could Be For Sale
Has the “For Sale” sign gone up at Macy’s?
Macy’s To Close 68 Stores
Macy’s store total come springtime will be 68 fewer as the venerable department store chain announced a new round of store closures.
Macy’s To Close 100 Stores
With Macy’s sales and earnings continuing to decline over the last few quarters, the department store retailer said it would close 100 stores and boost e-commerce and other omnichannel and strategic initiatives to reinforce its performance.
Macy’s Names Gennette CEO
Macy’s is moving forward with its management succession plan as Jeff Gennette has been named CEO, effective the first quarter…
Macy’s Continued Sales Slump In Q1 Propels Improvement Plan
Macy’s experienced a continued slide in both net sales and earnings in its first quarter. At the same time, the…
Macy’s Hires Real Estate VP
Douglas Sesler will be joining Macy’s as evp/real estate, effective Tuesday, April 5. Sesler will oversee the retailer’s real estate…
Macy’s Board Boosts Real Estate Expertise With Lenehan Election
Macy’s has elected William Lenehan, president and CEO of Four Corners Property Trust, to its board of directors, effective April…
Housewares Charity Foundation Raises Record $2.6M At Annual Gala
The housewares industry raised a record $2.6 million during the Housewares Charity Foundation’s (HCF) 19th annual gala on March 7.…
Lundgren Guides Macy’s Mission To Make A Difference
As Terry Lundgren, chairman and CEO of Macy’s, receives the Lifetime Humanitarian Award at the 19th Annual Housewares Charity Foundation…
After Tough Q4, Macy’s Plans Comeback
Macy’s, for the fourth quarter, posted company net income of $544 million, or $1.73 per diluted share, versus $793 million,…
Lundgren Center Spotlights Global Retail Leaders
The Terry J. Lundgren Center for Retailing at the University of Arizona will hold its 20th Annual Global Retailing Conference,…
Lundgren, Gribetz To Be Honored By Housewares Charity Foundation
Terry Lundgren, chairman and chief executive officer of Macy’s, and Lester Gribetz, president of Lenox Corporation, will be honored by…
Macy’s To Shut Stores, Cut Staff
The holiday season was less than bright for Macy’s and, as a result, the venerable department store will shutter stores,…
Macy’s Retools Operations As Q3 Sales, Earnings Slide
For the third quarter ended October 31, Macy’s posted company net income of $118 million, or 36 cents per diluted…
Macy’s Closing Up To 40 Stores
To optimize the omnichannel approach taken to its retail business, Macy’s plans to close 35 to 40 underperforming stores in…
Macy’s Launching Initiatives To Reverse Sales, Earnings Trends
On a busy Wednesday, August 12, for the company, Macy’s, Inc. delivered what it described as disappointing results for the…
Lundgren: Macy’s ‘Fell Short’ In Q1
For the first quarter of its fiscal year, ended May 2, Macy’s, Inc. posted earnings of $193 million, or 56…