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Macy's

  • Macy’s reaches accord on racial profiling allegations

    New York -- Macy's Inc. has agreed to pay $650,000 to settle allegations of racial profiling at its flagship store in Manhattan.

    Under the agreement with New York's attorney general, the company will initiate enhanced training and education for its loss prevention and sales associates.

    “We also will be adopting an expanded role for our security monitor to help ensure that we have the right policies and procedures in place, and that we are constantly reviewing our compliance with them,” the retailer said in a statement.

  • Belk announces executive promotions

    Charlotte, N.C. -- Southern department store chain Belk has promoted Jan Clevenger from chair of the company’s Western Division in Birmingham, Alabama, to the position of executive VP and general merchandise manager over Men’s, Home and Kids.

    David Luoma has been promoted to succeed Clevenger in the Western Division chair position.

  • More executive changes at Belk

    Jan Clevenger has been named EVP and general merchandising manager of men’s, home and kids, reporting to newly named president and chief merchandising officer David Zant.

    Clevenger has served as chair of the Belk Western Division based in Birmingham, Alabama, since March 2008. She began her retail career with Macy's in 1984 in store management before becoming a buyer for men’s and center core.  

  • Former Macy’s CEO Finkelstein dies

    New York – Edward H. Finkelstein, former chairman and CEO of the company now known as Macy’s Inc., died of natural causes at his home in Thousand Oaks, California, on May 31. He was 89.

    Finkelstein led Macy’s in the 1970s and 1980s and launched concepts including the Aeropostale apparel chain, which was later sold off, as well as several private brands. Finkelstein left the company in 1992 after 44 years, following a bankruptcy filing.

  • GMA to honor former Walmart CEO Mike Duke

    Grocery Manufacturers Association (GMA) president and CEO Pamela G. Bailey said that the association will honor retired Walmart president and CEO Mike Duke with the 2014 GMA Hall of Achievement Award, the organization’s highest honor, at its Leadership Forum Aug. 23 at The Broadmoor.

  • Abercrombie & Fitch taps Kohl’s exec as CFO

    New Albany, Ohio -- Abercrombie & Fitch Co. announced that Joanne C. Crevoiserat has been named executive VP and CFO of the company, a position she is expected to take up in May, 2014.

  • HBC looks to new president to drive growth

    Hudson’s Bay Company has named Donald Watros, currently the company’s COO, as president of HBC, a newly expanded role. The appointment is effective Feb. 1, 2014.

    The move comes as the company restructures its leadership so it can focus on managing and growing HBC’s presence in North America, as well as its expanding portfolio of brands.

  • Big Lots focused on U.S. with new merchant team

    Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

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