Terry Lundgren

Macy’s Shares Drop 14% on Weak Holiday Sales
Strategy

Macy’s Shares Drop 14% on Weak Holiday Sales

The retailer posted a 2.1% same-store sales decline, and lowered earnings guidance, as it continues to struggle with the shift to online shopping.
By Matthew Heller | January 5, 2017
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Macy’s Misses Estimates But Stock Climbs 5.6%
Strategy

Macy’s Misses Estimates But Stock Climbs 5.6%

CEO Terry Lundgren suggested retail trends are improving and Macy's would meet expectations for its next quarter.
By Matthew Heller | November 11, 2016
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Macy’s Shares Rise 17% on Store Closure Plan
Strategy

Macy’s Shares Rise 17% on Store Closure Plan

"There has to be a rationalization and we're not waiting anymore," Macy's CEO says of the plan to close 100 stores.
By Matthew Heller | August 11, 2016
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Macy’s Earnings Drop 40% on Sluggish Sales
Strategy

Macy’s Earnings Drop 40% on Sluggish Sales

The retailer's "old-fashioned brands are not what millenials want," one analyst says as its same-store sales fall 6.1% in the first quarter.
By Katie Kuehner-Hebert | May 11, 2016
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