From NBCUniversal:

Macy’s unveils its new women’s fashion brand and announces Tony Spring as the incoming CEO, succeeding Jeff Gennette. Spring, former CEO of Bloomingdale’s, takes the stage at the event, ready to take on the challenges facing the iconic department store chain, including inflation-weary shoppers, recent layoffs, and persistent competition. With Macy’s stock falling, the new CEO will need to innovate and revitalize the company’s strategy to win over customers and investors alike. Additionally, Spring will have to combat competition from a range of retailers and take a hard look at the company’s real estate footprint.



Read more: Macy’s CEO Tony Spring takes over for Jeff Gennette