Macy's Inc. will downsize from seven to four regional operations, eliminating 2,550 positions from buyers to back-office workers and senior officials, as it struggles with a tough sales climate and ongoing challenges related to its acquisition of May Department Stores.
"This part of the job will never be easy. It's very emotional. It's very difficult," Terry Lundgren, chairman, chief executive and president of Macy's Inc., told WWD.
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?"