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Macy’s CEO Says Risks ‘Too High’ With Saks-Style Split

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. CEO Jeff Gennette addressed why the retail giant will not be following in Saks’ closely watched footsteps as the company reported a strong fourth quarter ahead of Wall Street estimates. In a Nutshell: Gennette told Wall Street analysts in a conference call Tuesday that the Macy’s board ultimately put the kibosh on the…

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