Wednesday, April 7, 2010 as of 11:14 AM ET
Terry J. Lundgren (born 1952) is the CEO, Chairman of the Board, President, and Director at Macy's, Inc., the parent company of Macy's and Bloomingdale's department stores.
Read More at Wikipedia ›Macy's Inc will start selling some items from its private-brand collection directly to shoppers in China through a deal with a new online retailer that will allow it to gauge its long-term prospects there.
The department store chain said on Wednesday it will have a Macy's section on omei.com, a new China based e-commerce site operated by VIPStore Co Ltd.Macy's said it has also invested $15 million for a minority stake in VIPstore. Other investors include Intel Capital, the venture capital arm of Intel Corp.The Macy's section on omei.com should start selling some items in the retailer's I.N.C. private label collection, aimed at young fashion-conscious shoppers, next spring.The move is part of efforts by Macy's to take advantage of the popularity of its namesake stores and its upscale chain Bloomingdale's with international shoppers.Macy's Chief Executive Terry Lundgren said in a statement that there is "significant long-term opportunity internationally" for the two chains.Lundgren told R...FBN’s Robert Gray on Time Warner Cable and MSG Network resolving their dispute over subscription fees.
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Macy’s (NYSE:M) plans to hire 4,000 full-time employees this year for “high-paying” jobs, according to a report by Reuters, citing CEO Terry Lundgren.The department-...
DOW JONES NEWSWIRESMacy's Inc. (M) plans to hire about 4,000 full-time staff this year, similar to last year, Chief Executive Terry Lundgren told a group of fashion ...
("UPDATE: US Retailers' January Sales Generally Solid," at 9:41 a.m. EST, misstated Target's same-store-sales estimate in the sixth paragraph. The error also appears...
DOW JONES NEWSWIRESMacy's Inc. (M) raised its profit forecast for the fiscal fourth quarter and reported upbeat sales, signaling its recent strength continued throug...
Macy's Inc. (M) chief stores officer, Ron Klein, is retiring at the end of March, touching off a string of internal moves to fill the spot.Klein, 62 years old, who's...
Macy’s (NYSE:M) exceeded expectations on Thursday by revealing solid December same-store sales, prompting the iconic department store to boost its dividend, share bu...
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Macy’s (NYSE:M) reported on Thursday a 5.3% sales increase in November, the same month its popular Thanksgiving Day parade helped kick off the holiday shopping seaso...
Macy’s CEO Terry Lundgren on the outlook for holiday sales and the projected growth in hiring in the year ahead.
Macy's Inc said on Wednesday it will start selling some items in its private brand assortment directly to shoppers in China through a deal with a new online retailer...
Macy's (NYSE:M) beat the Street on Wednesday with a 38% leap in first-quarter profits, but the iconic department-store operator declined to raise its guidance, disap...
Sales at Macy's (NYSE:M) more established stores climbed a weaker-than-expected 1.2% during April as sales slowed from the month prior when Easter shopping peaked.An...
Macy's (NYSE:M) revealed a 6.9% jump in March sales on Thursday, citing an early Easter rush and growth in online shopping.The Cincinnati-based department store gian...
Macy’s (NYSE:M) says sales at stores open longer than a year grew 4.6% in February as online sales continued to climb and demand kicked up for new spring arrivals.Th...
Macy’s (NYSE:M) weighed in on Tuesday with a stronger-than-expected 12% rise in fourth-quarter earnings as the iconic department store capitalized on solid holiday s...
DOW JONES NEWSWIRESMacy's Inc.'s (M) fiscal fourth-quarter earnings rose 12% as the department store operator's strong performance in the critical holiday selling se...
