Skip to main content

Terry Lundgren

Latest News & Analysis
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

Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value

The move underscores the pressing need for the two chains to better monetise their real estate assets.

Retail

Kohl's, Macy's Turn Landlords in Bid to Unlock Real Estate Value

The move underscores the pressing need for the two chains to better monetise their real estate assets.


Retail

Macy's Flagship in New York Debuts Apple Shop

The new Apple shop is on the main floor of Macy's Herald Square, in the heart of the busy cosmetics and fragrance area.

Retail

Macy's Flagship in New York Debuts Apple Shop

The new Apple shop is on the main floor of Macy's Herald Square, in the heart of the busy cosmetics and fragrance area.


Luxury

Inside Worldz: ‘It’s Like a Harvard for Culture’

The inaugural event drew a cast of characters from pro-skater Tony Hawk to executives from Calvin Klein, LVMH and Lululemon.

Luxury

Inside Worldz: ‘It’s Like a Harvard for Culture’

The inaugural event drew a cast of characters from pro-skater Tony Hawk to executives from Calvin Klein, LVMH and Lululemon.


Retail

Macy’s New CEO Brings Decades of Inside Experience to Top Post

Macy’s has picked career insider to be its next chief executive officer, betting that a manager with a background in merchandising can figure out a way to reinvent the struggling department-store chain.

Retail

Macy’s New CEO Brings Decades of Inside Experience to Top Post

Macy’s has picked career insider to be its next chief executive officer, betting that a manager with a background in merchandising can figure out a way to reinvent the struggling department-store chain.


News & Analysis

Macy’s CEO Terry Lundgren to Pass Reins to Deputy Jeff Gennette

Macy’s chief executive officer Terry Lundgren is set to pass the job to president Jeff Gennette in the first quarter of 2017.

News & Analysis

Macy’s CEO Terry Lundgren to Pass Reins to Deputy Jeff Gennette

Macy’s chief executive officer Terry Lundgren is set to pass the job to president Jeff Gennette in the first quarter of 2017.


Retail

Macy’s Stock Is on Sale Along With Its Sweaters, CEO Says

Macy’s Inc., the largest US department-store chain, may be offering investors a deal on more than just clothes on Black Friday.

Retail

Macy’s Stock Is on Sale Along With Its Sweaters, CEO Says

Macy’s Inc., the largest US department-store chain, may be offering investors a deal on more than just clothes on Black Friday.


News & Analysis

Macy’s to Close as Many as 40 Underperforming Stores Next Year

Macy’s Inc. plans to close as many as 40 stores early next year as it trims costs and works to improve e-commerce operations.

News & Analysis

Macy’s to Close as Many as 40 Underperforming Stores Next Year

Macy’s Inc. plans to close as many as 40 stores early next year as it trims costs and works to improve e-commerce operations.


Global Markets

As Macy's Eyes China, Some See Need For Focus at Home

Macy's Inc's plan to open a virtual store on Alibaba offers a cheap way into China, but as the latest in a long list of initiatives to spur growth it could spread management thin.

Global Markets

As Macy's Eyes China, Some See Need For Focus at Home

Macy's Inc's plan to open a virtual store on Alibaba offers a cheap way into China, but as the latest in a long list of initiatives to spur growth it could spread management thin.


Financial Markets

Macy’s Profit Trails Estimates on Discounts to Clear Inventory

Macy’s Inc., the largest U.S. department-store chain, posted second-quarter earnings that missed analysts’ estimates as the retailer relied on discounts to clear seasonal inventory delayed at the West Coast Ports.

Financial Markets

Macy’s Profit Trails Estimates on Discounts to Clear Inventory

Macy’s Inc., the largest U.S. department-store chain, posted second-quarter earnings that missed analysts’ estimates as the retailer relied on discounts to clear seasonal inventory delayed at the West Coast Ports.