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Macy’s CEO Says Risks ‘Too High’ With Saks-Style Split

The past year has brought increased scrutiny throughout the fashion supply chain, specifically within the textile industry. Join our webinar “Brace for Impact: Addressing Impact in Your Supply Network & Product” March 8 to learn what to do.

Macy’s Inc. CEO Jeff Gennette addressed why the retail giant will not be following in Saks’ closely watched footsteps as the company reported a strong fourth quarter ahead of Wall Street estimates. In a Nutshell: Gennette told Wall Street analysts in a conference call Tuesday that the Macy’s board ultimately put the kibosh on the…

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