Monday, May 22, 2017

Macy's CEO unveils new strategy for struggling retailer inspired by founder's tattoo

Macy’s Inc. CEO Jeff Gennette, in his first address to shareholders since taking the retailer’s top job in March, unveiled a new strategy to guide the struggling department store giant. During Macy’s (NYSE: M) 2017 annual meeting Gennette laid out what he called the North Star Strategy. “As we reviewed our strategy to best address today’s challenges and navigate the company back to growth, we sought inspiration from our founder,” Gennette said. “R. H. Macy chose the star as our company’s symbol…



from http://www.bizjournals.com/baltimore/news/2017/05/22/macys-ceo-unveils-new-strategy-for-struggling.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/160951608822

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