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Workplace & Talent

Power Moves | GQ Names Fashion Director, Macy’s Executive Chairman to Retire

This week, British GQ has named Luke Day its new fashion director, while Macy's Inc executive chairman Terry Lundgren will retire at the end of January 2018.

Workplace & Talent

Power Moves | GQ Names Fashion Director, Macy’s Executive Chairman to Retire

This week, British GQ has named Luke Day its new fashion director, while Macy's Inc executive chairman Terry Lundgren will retire at the end of January 2018.


Retail

Macy's Executive Chairman Lundgren to Retire in January

Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.

Retail

Macy's Executive Chairman Lundgren to Retire in January

Jeff Gennette, who has been CEO of the US retailer since March, was widely expected to become chairman as part of a succession plan announced in June last year.


Retail

Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.

Retail

Macy's to Hire 7,000 More Workers on Brisk Seasonal Demand

The company — challenged by the rise of e-commerce and rapidly changing consumer preferences — is betting that a strong performance during the year-end shopping season will help spark a turnaround.


News & Analysis

With Expectations Low, Retailers Declare Victory on Black Friday

There’s less urgency among shoppers now, but retailers have many advantages this year, including strong consumer confidence and low unemployment.

News & Analysis

With Expectations Low, Retailers Declare Victory on Black Friday

There’s less urgency among shoppers now, but retailers have many advantages this year, including strong consumer confidence and low unemployment.


News & Analysis

Macy's Suffers Credit-Card Processing Glitch, Irking Shoppers

The glitch marks the latest headache for a retailer that’s trying to get back on its feet.

News & Analysis

Macy's Suffers Credit-Card Processing Glitch, Irking Shoppers

The glitch marks the latest headache for a retailer that’s trying to get back on its feet.


News & Analysis

Macy's CEO Sees Strong Start to Holidays, Helped by Coat Sales

Chief Executive Officer Jeff Gennette expects to ring up a million coats, sweaters and fleeces by the end of the long weekend.

News & Analysis

Macy's CEO Sees Strong Start to Holidays, Helped by Coat Sales

Chief Executive Officer Jeff Gennette expects to ring up a million coats, sweaters and fleeces by the end of the long weekend.


News & Analysis

Holiday Season Boosts Macy's Stocks

Shares of Macy's jumped 3.4 percent, while rival Nordstrom added 1.1 percent, showing signs that consumers may spend more this holiday than in previous years.

News & Analysis

Holiday Season Boosts Macy's Stocks

Shares of Macy's jumped 3.4 percent, while rival Nordstrom added 1.1 percent, showing signs that consumers may spend more this holiday than in previous years.


News & Analysis

US Shoppers Browse Stores, Buy Online as Black Friday Deals Beckon

Despite explosive growth in online shopping, traditional retailers still earn the bulk of their revenue from in-store buys.

News & Analysis

US Shoppers Browse Stores, Buy Online as Black Friday Deals Beckon

Despite explosive growth in online shopping, traditional retailers still earn the bulk of their revenue from in-store buys.


Financial Markets

Macy's Sales Disappoint but Chain Remains Optimistic Ahead of Holidays

The season marks a crossroads for the largest US department-store chain, which is trying to get back on its feet after three punishing years.

Financial Markets

Macy's Sales Disappoint but Chain Remains Optimistic Ahead of Holidays

The season marks a crossroads for the largest US department-store chain, which is trying to get back on its feet after three punishing years.


News & Analysis

Op-Ed | Macy's Needs to Sharpen Its Fuzzy E-Commerce Strategy

Lately, the department-store chain hasn't provided evidence it has much of one.

News & Analysis

Op-Ed | Macy's Needs to Sharpen Its Fuzzy E-Commerce Strategy

Lately, the department-store chain hasn't provided evidence it has much of one.