Terry Lundgren

Former Macy's Inc (NYSE: M) CEO and Chairman Terry Lundgren said on CNBC's "Squawk Box" segment Thursday that the retail industry, like every other sector, is divided into winners and losers. Former Macy's CEO Says Consumers Are The Winner  The real winner in the...

Macy's Inc (NYSE: M) former CEO and now executive chairman, Terry Lundgren, was interviewed by CNBC's Courtney Reagan at the sidelines of the Global Retailing Conference. Physical Stores Need To Be Improved Lundgren stated the company is "very pleased" with its online business,...

As retail bankruptcies peak and shopping trends increasingly favor Amazon.com, Inc. (NASDAQ: AMZN), industry leaders are gearing up for a fight. Retail and startup heads around the world will converge with global stakeholders to discuss the future of retail and consumer engagement at the 11th...

With the retail industry in turmoil amid shifting consumer trends, Macy’s Inc (NYSE: M) had to be strategic in its selection of new leadership. It came up with Jeff Gennette, who on Thursday added “CEO” alongside his previous title of president. “Jeff Gennette is an...

Tuesday's trading session featured earnings reports from several notable retail giants. Wal-Mart Wal-Mart Stores Inc (NYSE: WMT) earned $1.30 per share in the fourth quarter on revenue of $130.94 billion. Analysts were expecting the retail giant to earn $1.29 per share on revenue of $131.22...

The retail sector is already off to a rough start in 2017 but the latest developments likely signals the industry's woes will continue. Ralph Lauren Ralph Lauren Corp (NYSE: RL) were trading lower by more than 6 percent ahead of Thursday's market open after the company reported its fiscal third-...

Macy's Inc (NYSE: M)'s stock is flirting with its 52-week lows, and most investors might understand why: The department store is too bloated, under-monetized in terms of real estate and getting crushed by Amazon.com, Inc. (NASDAQ: AMZN), right? Not so fast, at least according to Recode's Jason Del...

Macy's Inc (NYSE: M)'s stock plunged around 15 percent on Thursday and is within striking distance of its 52-week low of $29.94. Investors and traders heavily sold the stock after the company announced disappointing holiday sales numbers and news that it will close another 100 stores. Disappointing...

After weeks of political pressure from Sen. Elizabeth Warren and others, Wells Fargo & Co (NYSE: WFC) CEO John Stumpf has opted to retire. The Wells Fargo board reportedly welcomed the decision in the wake of the company’s highly-publicized fake account scandal. Stumpf isn't the...

The importance of e-commerce sales in the retail world has hit an all-time high. Wal-Mart Stores, Inc. (NYSE: WMT)'s high profile purchase of jet.com to take on Amazon.com, Inc. (NASDAQ: AMZN) $111 billion e-commerce empire highlights how key an online strategy is for a brick-and-mortar business....

Macy's, Inc. (NYSE: M) revealed that its current CEO and Chairman, Terry Lundgren, would ensure that the transition of CEO position to Jeff Gennette in the first quarter of the next year. According to the company, the transition is part of its succession plan that included Gennette's...

Macy's, Inc. (NYSE: M) shares are seeing some notable after-hours volatility Wednesday following a number of notable news items. The stock initially plunged about 4.6 percent to a post-market low at $34.35 as traders and investors digested news of drastically reduced fourth-quarter and...

Macy's, Inc. (NYSE: M) reported disappointing numbers for the second quarter earlier on Wednesday. Macy's Chairman, President and CEO Terry Lundgren was on CNBC to explain why the company couldn't meet earnings expectations. Reasons For The Miss "We definitely are...