Terry Lundgren

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5h
Crain's New York Business
IBM slips, Verizon holds steady. Check out Crain's ranking of New York's largest publicly held companiesup online orders and rival brick-and-mortar retailers race to the bottom by off
IBM slips, Verizon holds steady. Check out Crain's ranking of New York's largest publicly held companies
Crain's New York Business / Posted 5 hours ago
up online orders and rival brick-and-mortar retailers race to the bottom by offering ever bigger discounts. How Macy’s CEO Terry Lundgren will manage his way out of this two-sided squeeze is anyone’s guess.Viacom The trial and travails of Viacom’s... Read more
3 related stories
23h
Crain's New York Business
Learn about New York's largest publicly held companies in 2015up online orders and rival brick-and-mortar retailers race to the bottom by off
Learn about New York's largest publicly held companies in 2015
Crain's New York Business / Posted 23 hours ago
up online orders and rival brick-and-mortar retailers race to the bottom by offering ever bigger discounts. How Macy’s CEO Terry Lundgren will manage his way out of this two-sided squeeze is anyone’s guess.Viacom The trial and travails of Viacom’s... Read more
3 related stories
1d
Crain's New York Business
Learn about New York's largest publicly held companies in 2015up online orders and rival brick-and-mortar retailers race to the bottom by off
Learn about New York's largest publicly held companies in 2015
Crain's New York Business / Posted yesterday
up online orders and rival brick-and-mortar retailers race to the bottom by offering ever bigger discounts. How Macy’s CEO Terry Lundgren will manage his way out of this two-sided squeeze is anyone’s guess.Viacom The trial and travails of Viacom’s... Read more
3 related stories
1d
Arkansas Democrat-Gazette
Amazon makes play for apparelgoing to have an interesting challenge when they start getting all those return
Amazon makes play for apparel
Arkansas Democrat-Gazette / Posted yesterday
going to have an interesting challenge when they start getting all those returns coming back online," said Macy's CEO Terry Lundgren during an investor call last March. There, Macy's has an advantage, because most of the returns of items... Read more
5d
Market Watch
These retailers are profiting off the ‘Amazon effect’chief investment officer and senior portfolio manager at Catalyst Funds, said h
These retailers are profiting off the ‘Amazon effect’
Market Watch / Posted 5 days ago
chief investment officer and senior portfolio manager at Catalyst Funds, said he was especially concerned that Macy’s CEO Terry Lundgren sold $7.7 million worth of the company’s shares in March. “We have found it is not all that significant for... Read more
8 related stories
8d
Investopedia
What Macy’s Results Reveal About Consumer TrendsComments and Results Terry Lundgren, chairman and CEO of Macy’s, made several
What Macy’s Results Reveal About Consumer Trends
Investopedia / Posted 8 days ago
Comments and Results Terry Lundgren, chairman and CEO of Macy’s, made several interesting comments in the company’s most recent quarterly press release. Two of those comments especially stood out. “Continued weakness in consumer spending levels for... Read more
8d
Crain's New York Business
Macy's will be under pressure this holiday season as sales slidefor the quarter were down 5.6%—the department store's fifth consecutive quarter
Macy's will be under pressure this holiday season as sales slide
Crain's New York Business / Posted 8 days ago
for the quarter were down 5.6%—the department store's fifth consecutive quarterly decline. In a release, Chief Executive Terry Lundgren noted that the drops, fueled by reduced spending by tourists in key markets, will give Macy's "the opportunity... Read more
8d
The Columbian
Amazon struts fashion ambitiongoing to have an interesting challenge when they start getting all those return
Amazon struts fashion ambition
The Columbian / Posted 8 days ago
going to have an interesting challenge when they start getting all those returns coming back online,” said Macy’s CEO Terry Lundgren during an investor call last March. There, Macy’s has an advantage, because most of the returns of items... Read more
9d
The Seattle Times
Amazon struts its fashion ambitions — department stores noticegoing to have an interesting challenge when they start getting all those return
Amazon struts its fashion ambitions — department stores notice
The Seattle Times / Posted 9 days ago
going to have an interesting challenge when they start getting all those returns coming back online,” said Macy’s CEO Terry Lundgren during an investor call last March. There, Macy’s has an advantage, because most of the returns of items... Read more
11d
New York Post
Retailers suffer week from hellharder to give customers more reasons to buy from us by delivering outstanding
Retailers suffer week from hell
New York Post / Posted 11 days ago
harder to give customers more reasons to buy from us by delivering outstanding style, quality and value,” Macy’s CEO Terry Lundgren told investors when it reported same-store sales slipped 6 percent in the three-month period which ended April... Read more
11d
FOX Business
The Week That Wrecked Retailto be in freefall. Macy’s (NYSE:M), the nation’s largest retailer, reported a
The Week That Wrecked Retail
FOX Business / Posted 11 days ago
to be in freefall. Macy’s (NYSE:M), the nation’s largest retailer, reported a 5.6% drop in comparable-store sales. CEO Terry Lundgren told investors the company is seeing “continued weakness in consumer spending levels for apparel related... Read more
11d
FOX Business
The Week That Wrecked RetailReading Below Macy’s (M), the nation’s largest retailer, reported a 5.6% drop
The Week That Wrecked Retail
FOX Business / Posted 11 days ago
Reading Below Macy’s (M), the nation’s largest retailer, reported a 5.6% drop in comparable-store sales. CEO Terry Lundgren told investors the company is seeing “continued weakness in consumer spending levels for apparel related... Read more
12d
The Morning Call
What top department store execs are saying about their horrible quarterbusiness weakened considerably versus our expectations beginning in mid-March,
What top department store execs are saying about their horrible quarter
The Morning Call / Posted 12 days ago
business weakened considerably versus our expectations beginning in mid-March, and that trend continued through April. As Terry (Lundgren, Macy's Inc. chairman and chief executive officer) said in our press release, we are seeing weakness in... Read more
84 related stories
12d
TheStreet.com
Earnings show Donald Trump supporters probably aren't following boycott orders-- its fifth straight quarter of decline. The company's problems aren't relate
Earnings show Donald Trump supporters probably aren't following boycott orders
TheStreet.com / Posted 12 days ago
-- its fifth straight quarter of decline. The company's problems aren't related to Trump -- in its earnings release, CEO Terry Lundgren points to low consumer spending levels and headwinds from international shoppers -- but that hasn't stopped... Read more
12d
Arkansas Democrat-Gazette
Dillard's quarterly profit down 29%forecast for 2016. "We are seeing continued weakness in consumer spending leve
Dillard's quarterly profit down 29%
Arkansas Democrat-Gazette / Posted 12 days ago
forecast for 2016. "We are seeing continued weakness in consumer spending levels for apparel and related categories," said Terry Lundgren, Macy's Inc. chairman and chief executive officer, in a statement. Macy's on Wednesday reported a profit of... Read more
81 related stories
12d
The Signal
With a clunk, Macy's opens the retail earnings seasonthe consumer to spend more, so we are working harder to give customers more rea
With a clunk, Macy's opens the retail earnings season
The Signal / Posted 12 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us," said Chairman and CEO Terry Lundgren in a company release. But while analysts say that Macy's woes are emblematic of the department store sector,... Read more
81 related stories
13d
Bankrate.com
Air going out of the balloon at Macy’sin a row that sales were down. The retailer says its sales during the first th
Air going out of the balloon at Macy’s
Bankrate.com / Posted 13 days ago
in a row that sales were down. The retailer says its sales during the first three months of the year were down 7.4%. Terry Lundgren, Macy's chairman and CEO, cited weakness in consumer spending on clothing as a factor contributing to the... Read more
17 related stories
13d
KGW Channel 8 Portland
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
KGW Channel 8 Portland / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
KENS 5 San Antonio
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
KENS 5 San Antonio / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
KTVB Boise
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
KTVB Boise / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
5KSDK St. Louis
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
5KSDK St. Louis / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WGRZ-TV Buffalo
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WGRZ-TV Buffalo / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
KVUE-TV Austin
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
KVUE-TV Austin / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WCSH 6 Portland
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WCSH 6 Portland / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WXIA-TV Atlanta
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WXIA-TV Atlanta / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WTSP-TV Tampa
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WTSP-TV Tampa / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WWL-TV, Channel 4 New Orleans
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WWL-TV, Channel 4 New Orleans / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
11 News Houston
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
11 News Houston / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WLTX-TV Columbia
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WLTX-TV Columbia / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WLBZ Bangor
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WLBZ Bangor / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WKYC Cleveland
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WKYC Cleveland / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
13 WMAZ Macon
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
13 WMAZ Macon / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
WZZM 13 Grand Rapids
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
WZZM 13 Grand Rapids / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
KTHV Little Rock
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
KTHV Little Rock / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
First Coast News
'Challenging' Q1 leads Kohl's to miss profit, sales estimatesestimated. Kohl's news comes a day after Macy's also reported disappointing fi
'Challenging' Q1 leads Kohl's to miss profit, sales estimates
First Coast News / Posted 13 days ago
estimated. Kohl's news comes a day after Macy's also reported disappointing first quarter results, which Macy's CEO Terry Lundgren attributed to a continued extreme drop in transactions from international tourists and failure of certain... Read more
81 related stories
13d
Investors Chronicle
Footfall falls at Macy’s32.5 per cent at $276 million, and international visitors at their more tourist
Footfall falls at Macy’s
Investors Chronicle / Posted 13 days ago
32.5 per cent at $276 million, and international visitors at their more touristy locations dipped considerably. Chairman Terry Lundgren commented, ‘as a result of these factors, we believe it is prudent to reduce our sales and earnings guidance... Read more
13d
Tribune Chronicle
Macy’s, other retailers expect more problemsthe consumer to spend more, so we are working harder to give customers more rea
Macy’s, other retailers expect more problems
Tribune Chronicle / Posted 13 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us," said Chairman and CEO Terry Lundgren in a company release. But while analysts say that Macy's woes are emblematic of the department store sector,... Read more
84 related stories
13d
TribLIVE
Roundup: Pittsburgh Corning to close plant in north-central Pennsylvania; PPG to pay $59K to settle EPA violations; morestore in Herald Square on May 11, 2016, in New York, N.Y. As the retailer faces
Roundup: Pittsburgh Corning to close plant in north-central Pennsylvania; PPG to pay $59K to settle EPA violations; more
TribLIVE / Posted 13 days ago
store in Herald Square on May 11, 2016, in New York, N.Y. As the retailer faces a second year of sales declines, CEO Terry Lundgren has outlined numerous ways to boost sales including investing in better customer service. Overall sales fell... Read more
13d
The Seattle Times
Macy’s opens the retail earnings season with a clunkon the consumer to spend more, so we are working harder to give customers more
Macy’s opens the retail earnings season with a clunk
The Seattle Times / Posted 13 days ago
on the consumer to spend more, so we are working harder to give customers more reasons to buy from us,” Chairman and CEO Terry Lundgren said in a company release. But while analysts say that Macy’s woes are emblematic of the department-store... Read more
84 related stories
13d
The Columbian
As retail stalls, Macy’s plungesthe consumer to spend more, so we are working harder to give customers more rea
As retail stalls, Macy’s plunges
The Columbian / Posted 13 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us,” said Chairman and CEO Terry Lundgren in a company release. But while analysts say that Macy’s woes are emblematic of the department store sector,... Read more
84 related stories
13d
Bankrate.com
Air going out of the balloon at Macy’squarter in a row The retailer said Wednesday that its sales during the first t
Air going out of the balloon at Macy’s
Bankrate.com / Posted 13 days ago
quarter in a row The retailer said Wednesday that its sales during the first three months of the year were down 7.4%. Terry Lundgren, Macy's chairman and CEO, citing weakness in consumer spending on clothing as a factor contributing to the... Read more
17 related stories
13d
The Kitsap Sun
With a clunk, Macy's opens the retail earnings seasonthe consumer to spend more, so we are working harder to give customers more rea
With a clunk, Macy's opens the retail earnings season
The Kitsap Sun / Posted 13 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us," said Chairman and CEO Terry Lundgren in a company release. But while analysts say that Macy's woes are emblematic of the department store sector,... Read more
84 related stories
14d
New Zealand's National Business Review
Macy’s, Disney disappointand earnings outlook. "We are seeing continued weakness in consumer spending l
Macy’s, Disney disappoint
New Zealand's National Business Review / Posted 14 days ago
and earnings outlook. "We are seeing continued weakness in consumer spending levels for apparel and related categories," Terry Lundgren, Macy's chief executive officer, says. "In particular, our sales trend relative to expectations meaningfully... Read more
14d
Crain's New York Business
Macy's will be under pressure this holiday season as sales slidefor the quarter were down 5.6%—the department store's fifth consecutive quarter
Macy's will be under pressure this holiday season as sales slide
Crain's New York Business / Posted 14 days ago
for the quarter were down 5.6%—the department store's fifth consecutive quarterly decline. In a release, Chief Executive Terry Lundgren noted that the drops, fueled by reduced spending by tourists in key markets, will give Macy's "the opportunity... Read more
14d
Market Watch
Macy’s first-quarter sales slump wasn’t just a tourism probleminternational visitors in major tourist markets where Macy’s and Bloomingdale’s
Macy’s first-quarter sales slump wasn’t just a tourism problem
Market Watch / Posted 14 days ago
international visitors in major tourist markets where Macy’s and Bloomingdale’s are key destinations,” said Chief Executive Terry Lundgren in a statement. Karen Hoguet, chief financial officer of Macy’s M, -14.99% , said sales on international... Read more
14d
Hartford Courant
Macy's Struggles Continue, Plans To Add 'Backstage' Storesthe consumer to spend more, so we are working harder to give customers more rea
Macy's Struggles Continue, Plans To Add 'Backstage' Stores
Hartford Courant / Posted 14 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us, "said Chairman and CEO Terry Lundgren in a company release. First-quarter net income was $115 million, or 37 cents per share. Adjusted per-share... Read more
84 related stories
14d
Finance and Commerce
Macy’s struggles continue as full-year outlook slashedthe consumer to spend more, so we are working harder to give customers more rea
Macy’s struggles continue as full-year outlook slashed
Finance and Commerce / Posted 14 days ago
the consumer to spend more, so we are working harder to give customers more reasons to buy from us, “said Chairman and CEO Terry Lundgren in a company release. First-quarter net income was $115 million, or 37 cents per share. Adjusted per-share... Read more
84 related stories
14d
FOX Business
U.S. Stocks Decline on Weaker Consumer Earningsslipped 0.3%. Macy's shares lost 13% after the retailer cut its forecast for t
U.S. Stocks Decline on Weaker Consumer Earnings
FOX Business / Posted 14 days ago
slipped 0.3%. Macy's shares lost 13% after the retailer cut its forecast for the year amid slumping sales. Chief Executive Terry Lundgren said the company isn't counting on a pickup in consumer spending. Other retailers also declined, including a... Read more
16 related stories
14d
FOX Business
U.S. Stocks Decline on Weaker Consumer Earningsslipped 0.3%. Macy's shares lost 13% after the retailer cut its forecast for t
U.S. Stocks Decline on Weaker Consumer Earnings
FOX Business / Posted 14 days ago
slipped 0.3%. Macy's shares lost 13% after the retailer cut its forecast for the year amid slumping sales. Chief Executive Terry Lundgren said the company isn't counting on a pickup in consumer spending. Other retailers also declined, including a... Read more
16 related stories
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