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Macy’s CEO: We’ve ‘Successfully Managed the Channel Shift’

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Macy’s Inc. narrowed its losses in the third quarter and topped consensus revenue estimates, while CEO Jeff Gennette touted the retail giant’s dexterity in managing the “channel shift” that has drawn shoppers away from stores and onto the web. In a Nutshell: Macy’s managed to generate a positive EBITDA (earnings before interest, taxes, depreciation and…

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