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How CEO Changes in the Department Store Ranks are Likely to Impact the Sector

Against the backdrop of the well documented challenges facing apparel retail in general and department stores specifically, the industry is also experiencing three high profile changes in the C-Suite. Terry Lundgren, the legendary CEO of Macy’s, handed the reigns to Jeff Gennette nearly a year ago. It hasn’t even been a week since Karen Katz’s last…

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