Terry Lundgren


Macy’s Inc. Names New Chief Strategy, Chief Growth Officers

Macy's Inc.

Cincinnati—Macy’s Inc. today named two key senior executive changes as the company moves to grow its omnichannel business based on … [Read more...]

Bloomingdale’s Store to Open in Kuwait in 2017

360 Mall in Kuwait

Cincinnati--Macy's, Inc. today announced that a Bloomingdale's store is planned to open in spring 2017 in Kuwait as part of a … [Read more...]

Macy’s Inc. Stock Jumps on News of Possible Real Estate Deals

macy's

New York—With the news that it will be closing stores, cutting jobs and lowering its forecast, Macy’s Inc.’s stock had been taking … [Read more...]

Citing Disappointing Holiday Sales, Macy’s to Eliminate 3,000 Employees

Macy's Inc.

New York—Blaming warmer-than-usual weather for disappointing holiday sales, Macy’s Inc. today announced a series of store closures … [Read more...]

Macy’s Disappointing Q3 Sales, Forecast Sends Shivers to Retailers’ Shares

macy's

New York—Macy’s Inc. today lowered its full year forecast after reporting third quarter sales and comp stores sales below … [Read more...]

Macy’s Announces Plans for 35 to 40 Store Closings

Macy's Herald Square

Cincinnati—Although specifying that soon-to-be closed Macy’s stores represent only 1% of the department store company’s total, … [Read more...]

Macys.com Launches Alliance to Provide Independent Designers an Outlet

macys

New York—Determined to attract yet another generation to its department store business, Macy’s today announced the launch of a … [Read more...]

Macy’s Q1 Earnings Fall Short

Macy's Herald Square

Macy's Q1 earnings fell short of last year's, disappointing investors. For the 13-week period ended May 2, 2015, earnings were 56 … [Read more...]

Macy’s Inc. Issues Weak Outlook as It Invests in New Initiatives

macy's

Cincinnati—Talking up its new endeavors, such as an off-price chain, Blue Mercury, omnichannel selling etc., Macy’s Inc. today … [Read more...]

Macy’s Inc. Expects 2014 Earnings to Exceed Previous Forecast

Macy's Inc.

Cincinnati—Macy’s Inc. provided a preview today of its fourth quarter and full 2014 earnings report, one that promises to be … [Read more...]

Macy’s Inc. Merging Store and Online Buying, Closing 14 Stores

Macy's

New York--Macy’s and Bloomingdale’s are restructuring their merchandising and marketing teams to combine online and in-store … [Read more...]

Macy’s Inc. Cuts Forecast After Disappointing Q3 Sales

macy's

New York—Good news, not-so-good news in Macy’s Inc.’s third quarter earnings report released today. The department store group … [Read more...]