The Legacy of Lundgren
News
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Jul 2016
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The recent announcement of the retirement of Macy's CEO Terry Lundgren and his replacement by Chief Merchandise Officer Jeff Gennette has triggered much comment on the state of department stores in general (yet again) and assessments of Lundgren's tenure at the company. Here is one thoughtful comment on Terry Lundgren's legacy which mentions, among other things, his development of the private label business as well as the work Macy's is currently doing to woo millennials.
