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Macy’s raises approximately US$ 4.5 billion in financing

Macy’s raises approximately US$ 4.5 billion in financing

Macy’s announced the closing on approximately US$ 4.5 billion of new financing, including its previously announced US$ 1.3 billion...
Coronavirus freezes consumer-driven US economy, testing retailers

Coronavirus freezes consumer-driven US economy, testing retailers

The coronavirus outbreak has transformed the US virtually overnight from a place of boundless consumerism to one suddenly constrained...
Macy’s, Inc. announces three-year polaris strategy to stabilize profitability and position the company for growth

Macy’s, Inc. announces three-year polaris strategy to stabilize profitability and position...

Macy’s, Inc. announced an updated strategy and three-year plan designed to stabilize profitability and position the company for growth.“We...
Macy's Executive Chairman Lundgren to retire in January

Macy’s Executive Chairman Lundgren to retire in January

Department store operator Macy’s on Friday announced that Executive Chairman Terry Lundgren will retire on January 31.The retailer named...
Macy's lays off 100 employees, names new president to restructure merchandising unit

Macy’s lays off 100 employees, names new president to restructure merchandising...

Macy's Inc. announced a management shakeup Monday, with the hiring of an eBay executive, Hal Lawton, as President and...