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Macy's reports strong profits and anticipates high holiday spending

Macy's reports strong profits and anticipates high holiday spending

Nov. 13 (UPI) -- Macy's strong sales have retailers looking toward a strong holiday season.
Sonali Basak

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Dow surges to all-time high ... Cyprus closer to bailout ... Martha Stewart defends J.C. Penney deal ... Cadbury accused of $46 million tax dodge ... News from United Press International.
Martha Stewart defends J.C. Penney deal

Martha Stewart defends J.C. Penney deal

NEW YORK, March 5 (UPI) -- Household goods trendsetter Martha Stewart said in New York State Supreme Court Tuesday that signing a deal with J.C. Penney was beneficial to consumers.

UPI NewsTrack Business

Buffett says he is still hunting elephants ... Japan and others cautious on 787s ... Store within a store concept goes to court ...Best Buy CEO: Don't count us out ... News from United Press International.

Store within a store concept goes to court

NEW YORK, March 2 (UPI) -- Martha Stewart's company cooked up the plan that would allow U.S. retailer J.C. Penney to sell its wares despite a contract with Macy's, it was said in court.

UPI NewsTrack Business

Stock rally fades ... Chrysler leads U.S. rivals in sales gains ... Macy's to close 6 stores, open or expand 9 ... U.S., Google settle antitrust matter ... News from United Press International.

Macy's to close 6 stores, open or expand 9

CINCINNATI, Jan. 3 (UPI) -- U.S. retail giant Macy's Inc. said it would close six stores in 2013 and open or expand nine others.

Macy's employee retires after 73 years

NEW YORK, Sept. 6 (UPI) -- The chief executive officer of Macy's stores was on hand in New York for the retirement celebration of a woman who has worked for the store for 73 years.

Macy's puts Haitian art in stores

NEW YORK, Oct. 2 (UPI) -- U.S. retailer Macy's said its stores were ready to put the first of its 20,000 art pieces purchased from Haitian artists up for sale.

Macy's to close 11 under-performing stores

CINCINNATI, Jan. 8 (UPI) -- U.S. retail giant Macy's Inc. said it would close down 11 under-performing stores with a total loss of 960 jobs.

Group protests removal of Field's name

CHICAGO, May 24 (UPI) -- A group of die-hard fans of the Marshall Field's department store brand in Chicago are protesting its replacement by the Macy's name, a report said Saturday.
FAO Schwarz to open Macy's outlets

FAO Schwarz to open Macy's outlets

CHICAGO, May 17 (UPI) -- FAO Schwarz and Macy's department stores plan to implement a new agreement in which the toy retailer will open outlets in 700 Macy's stores.

Frango mint-making returns to Chicago

CHICAGO, Oct. 17 (UPI) -- National retailer Macy's and Cupid Candies made a deal sweet for the Chicago candy-maker to turn out a portion of the popular Frango mints.

Report: Kohlberg may bid $24B for Macy's

NEW YORK, July 18 (UPI) -- U.S. private-equity firm Kohlberg Kravis & Roberts Co. is readying a $24 billion bid for Macy's Inc., a published report said Wednesday.

Federated boosts online businesses

CINCINNATI, April 4 (UPI) -- U.S. department-store company Federated Department Stores Inc. said Wednesday it would spend $100 million on Web site and other direct-to-consumer marketing.
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Photos
Terry Lundgren
Macy's Chairman and CEO Terry Lundgren attends the 150th birthday celebration for Macy's department store in New York on October 28, 2008. (UPI Photo/Ezio Petersen)
Wiki

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.

Lundgren is also the namesake of the Terry J. Lundgren Center for Retailing at the University of Arizona, where he is also an alumnus, having graduated in 1974 with a Bachelor's degree/B.A. In 2000, Lundgren was awarded the Honorary Doctor of Laws degree and delivered the university's commencement address.

Career:

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Terry Lundgren."
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