On a mid-July day, with Macy's stock sliding on speculation of liquidity issues, Terry Lundgren takes action.
Determined not to let the rumor mill create a maelstrom, Lundgren bats out a letter to his management and the Securities and Exchange Commission asserting that the corporation is financially healthy, cash fl ow remains strong and the store can tap a $2 billion revolving credit facility.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)