Why Macy’s Departing Chairman Thinks the Chain Has Turned a Corner

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Macy’s were not having the best year prior to the 2017 holiday shopping season. However, it was one of a number of retailers to enjoy the kind of jolly holiday that will see the company post its first quarter of comparable sales growth in three years.

As the iconic department store chain seems to be finding its feet, its CEO of the last 14 years, Terry Lundgren, is moving on at the end of January. However, as he explained to Fortune Magazine, he has high hopes for the company he is leaving behind. Read More

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