BusinessNews

Shuffle Board: Macy’s Loses Executive Chairman, Nike Ramps Up Digital & Retail Team

Terry Lundgren, Macy’s executive chairman, is retiring from the company’s board, plus Nike added two new executives to elevate its digital and retail teams.

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RetailNews

Macy’s Terry Lundgren to Retire from Board in January

Macy’s Executive Chairman Terry Lundgren is set to retire from the company’s board after 14 years as Chairman as Gennette steps into the role.

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RetailQ&A

Former Sears Canada CEO on the Legacy Retailers That are “Dead,” Amazon’s Next Acquisition and How Macy’s Can Reclaim its Magic

Former retail exec Mark Cohen outlines why inaction is not a solution to the apparel industry's current woes, the store chains that are taking the right steps and the way in which Amazon could create further waves in the landscape.

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FinancialNews

Financial Roundup: Macy’s Net Jumps, Kohl’s Income Falls and M&S to Shrink Apparel Space

Macy's sees improved performance as gross margin rose and e-commerce gained, Kohl's sales hit by hurricanes and Marks & Spencer accelerates transformation plans, including reducing home and clothing floor space.

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