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Martha Stewart Living wants to question Macy's Lundgren
Bloomberg reports that Macy’s Inc. is refusing to make CEO Terry Lundgren available for a deposition in its lawsuit against Martha Stewart Living Omnimedia Inc., according to a court filing. In a letter filed May 1, Martha Stewart Living (NYSE: MSO) asked New York State Supreme Court Justice Jeffrey Oing to order Macy’s (NYSE: M) to make Lundgren available “as soon as possible,” according to the report. Martha Stewart and Martha Stewart...  
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Macy's CEO expanding his luxury apartment?
Macy's Inc. CEO Terry Lundgren may be expanding his apartment at the luxury co-op building at 650 Park Ave. in Manhattan, the Real Deal reports. Lundgren and his neighbor, art collector Frank Moore, teamed up to buy a 21st floor, eight-room co-op at the property for $6.3 million. Lundgren owns the penthouse directly above and Moore owns the unit next door to the one downstairs and it is likely the pair bought the apartment in an effort to...  
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Macy's CEO Lundgren gets 23% pay increase
Macy’s Inc. CEO Terry Lundgren saw his pay jump nearly 23 percent as the department store operator increased profit 48 percent in 2011. Lundgren’s compensation of just under $14.5 million included a little more than $1.5 million in salary, a more than $5.1 million bonus, nearly $3.1 million in options, and more than $4.6 million in restricted share awards. Last year, Macy’s (NYSE: M) top executive collected nearly $11.8 million in total...  
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Macy's CEO Lundgren to give keynote in Portland
Macy’s Inc.’s top executive will visit Portland next week to talk about the retail industry. Terry Lundgren, Macy's (NYSE: M) CEO, will give the keynote at the May 8 Portland Business Alliance Annual Breakfast. Lundgren will discuss how Macy’s views national and regional economies. He’ll also analyze consumer trends and the retail industry’s effect on jobs and the economy. The Alliance is marking the 10th anniversary of the merger between...  
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Macy's CEO Lundgren to speak in Portland
Macy’s Inc.’s top exec will make a Portland appearance next week. Terry Lundgren, the company’s chairman, president and CEO, will give the keynote at the May 8 Portland Business Alliance Annual Breakfast. Lundgren will discuss how Macy’s views national and regional economies. He’ll also analyze consumer trends and the retail industry’s effect on jobs and the economy. The Alliance is marking the 10th anniversary of the merger between the...  
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Macy's CEO traces company's rise at PBA breakfast
Macy’s Inc. sells a lot of Frye boots in its Portland stores. Which is kind of funny, according to Terry Lundgren, chairman, CEO and president of the national retailer. Macy’s doesn’t sell Frye boots in New York or Miami or 99 percent of its roughly 800 stores. Lundgren outlined Macy’s evolution from regional retailer to national powerhouse at the Portland Business Alliance’s annual meeting, held Tuesday morning at the Oregon Convention...  
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Macy's CEO Lundgren: 'The customer is voting with us'
The Macy’s Inc. annual meeting today was a celebration of the retailer’s rebirth. Chairman and CEO Terry Lundgren noted in prepared remarks that Macy’s began its reorganization in 2008 and 2009 and became “an all-new company.” “Fast-forward to today. The customer is voting, and they’re voting with us because our year has been quite good,” he said. Quite good, indeed. The Cincinnati-based department store chain (NYSE: M) has grown sales by...  
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Macy’s CEO partners with neighbor to buy another unit at 650 Park
Who said big shots can’t share? The CEO of Macy’s, Terry Lundgren, may be joining forces with art collecting neighbor Frank Moore to expand both their apartments at luxury co-op building 650 Park Avenue. Department store honcho Lundgren and Moore recently teamed up to buy a 21st floor, eight-room co-op at the white-glove property, according to public records filed with the city yesterday, spending $6.3 million. With Lundgren owning the...  
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Terry Lundgren Sought in Court Case
SEEKING TERRY: Macy’s Inc.’s three-month old legal battle with Martha Stewart Living Omnimedia Inc. has produced about 40,000 pages of documents, but so far Terry J. Lundgren, the retailer’s president, chairman and chief executive officer ...  
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Feds make profit selling shares in regional banks
Macy’s Inc. gave its CEO Terry Lundgren a pay package worth $14.5 million in 2011 ... Lundgren has led the department store chain since 2003. • J.C. Penney Co. gave its new CEO, Ron Johnson, compensation worth $53.2 million in 2011 ...  
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Conference to Explore 'Love Affair' Between Retailers, Customers
UA News (press release)Conference to Explore 'Love Affair' Between Retailers, CustomersUA News (press release)The University of Arizona's Terry J. Lundgren Center for Retailing will hold its annual Global Retailing Conference April 12-13. This year's event will be at the JW Marriott Starr Pass Resort in Tucson. A number of the retail industry's innovators will ...  
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