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Macy’s CEO: ‘All of Apparel Remains Challenged’

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Macy’s Inc.’s CEO Jeff Gennette said the company’s Polaris strategy helped it shift gears and adjust to the impact from the coronavirus pandemic, although he doesn’t see apparel sales in non-casual categories returning until the back half of 2021. Also, inventory levels in the home sector could see some pressures in the near-term due to…

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