CEO Terry Lundgren

NAME: Terry J. LundgrenOCCUPATION: Chairman, president and CEO of Macy's Inc.AGE: 58HOME: New York CityFAMILY: Wife, Tina; two adult daughters.EDUCATION: University of Arizona, 1975, degree in business.RESUME: Began his retailing career in 1975 as a trainee with Bullock's, which was a Los Angeles-based division of Federated Department Stores. Held positions of increasing responsibility over the next decade in buying, store management, human resources and senior store management, as well as...Read Full Story

The Macy's brand goes back to 1858, when Rowland H. Macy opened R. H. Macy & Co. as a dry goods store in New York City. First-day sales totaled $11.06.Here a look at Macy's developments since the 2005 merger between former parent Federated Department Stores Inc. and May Department Stores Co., which led to the creation of a national brand name.For its latest fiscal year ended in January, Macy's Inc. generated revenue of $23.5 billion.2005: Federated acquires May Department Stores Co.2006: More...Read Full Story

At one time Federated Deopartment the parent company of Macy's and Bloomingdales seemed untouchable in the retail sector. The company merged with May department stores and went through numerous name changes, converting all of May's stores to their Macy's brand. CEO of Federated Terry Lungren stated that because the Macy's name is so well recognized their is no need to keep names of regional stores such as Marshall fields and foley's which operated under May department stores. The name change...Read Full Story

Macy’s CEO Terry Lundgren revealed that they sold $3 million worth of Beyoncé’s first fragrance, Heat, in one month. Read more on The CutRead Full Story

Have old stock certificates and want to know what they are worth? There are a few steps you can take to find out the value of you stock certificates that will most probably take you the better part of one afternoon immersed in corporate change databases if you know where to look. You will need a decent business knowledge, the name of the corporation and transfer agent of your shares (both found on stock certificate) and access to corporate changes directories (check your local library). There...Read Full Story

Let me try to recall the names of just a few retailing companies that no longer exist: Montgomery Ward, Gimbels, B. Altman, Oppenheim Collins, Best & Co., Russeks, Caldor, Bradlees, Mammoth Mart, Loeser’s, Namm’s, Gimbels, Alexander’s, Broadway-Hale, John Wanamaker, Lit Brothers, Lansburgh’s, Swezey’s, and E.J. Korvette – perhaps the very first “discounter.” Entire department store chains – May Company, Associated Dry Goods, Allied Stores – have disappeared, either by selling off assets...Read Full Story

Macys History The iconic mid to high level department store had its beginnings in 1858, when the American businessmen Rowland Hussey Macy decided to move away from a dry goods store he had earlier established in 1851 in Massachusetts and move to New York City and open a department store. The store was initially opened on 14th street and 6th avenue before moving on to the elite shopping district of the ‘Ladies Mile’ on 18th Street and Broadway. Macys History has been at times fast paced and...Read Full Story

Endicott, NY August 12, 2006 Macy’s is sponsoring a one-day shopping event on Saturday, Sept. 16, to benefit non-profit organizations. Buy an all-day shopping pass from the Empire Football League for just and use it to save 20 percent in most departments at Macy’s locations across the country. The Shop for a Cause savings pass also includes an additional off of every purchase and the Empire Football League keeps 100 percent of the donation. Passes can also be purchased through the mail by...Read Full Story

MW Radio: CEO Terry Lundgren says early open has paid off for Macy’s MarketWatch.com – MarketWatch Breaking News Bulletins MW Radio: CEO Terry Lundgren says early open has paid off for Macy’s is a post from: The Forex Trading System BlogRead Full Story

Are You Shopping Today? - Live! From Macy's Headquarters in New York, NY - Interview with CEO Terry LundgrenRead Full Story