Macy's Inc. may be ready to pull the trigger on sweeping consolidations.
With the $27 billion, 850-unit Macy's under increasing pressure from the weakening economy, a slumping stock and its challenging merger with May Department Stores Co., speculation is mounting that the retailer is looking to downsize its network of seven regional operations to three or four, and cut back central staff at the Cincinnati headquarters.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"