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

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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