From Yahoo Finance: 2025-04-01 15:51:00

Macy’s appoints new chief operating officer and CFO, Thomas J. Edwards, in efforts to boost long-term growth. Other executive team changes made as part of company’s revitalization plan following 4% year-over-year decline in net sales in fiscal fourth quarter of 2024 due to poor store performance. Investors show concern as Macy’s shares drop 35%.



Read more at Yahoo Finance: Macy’s Names New CFO, Makes Other Leadership Changes Amid Turnaround Effort