Terry Lundgren

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CBRE Partners with Macy’s for Store Dispositions – None in Arizona This Round

Macy’s plans to “streamline” its business by closing 68 of its stores in spring 2017, according to a news release. Although no Arizona locations are on the list released Wednesday, more announcements are likely on their way: Macy’s said in August 2016 that it planned 100 closures throughout the coming year. CBRE Group Inc. announced […]

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MACY’S CEO Terry Lundgren to Step Aside for Jeff Gennette

Terry Lundgren to remain Executive Chairman as Jeff Gennette becomes CEO in the first quarter of 2017; Planned succession process supports upcoming strategies for business improvement CINCINNATI, Ohio – Macy’s, Inc. has announced that Terry J. Lundgren, the company’s CEO since 2003 and Chairman since 2004, will transition the position of CEO to Jeff Gennette

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