Clearly there is still no love lost between Donald Trump and Terry J. Lundgren.
The day after Macy’s Inc. said it was laying off thousands of workers and instituting deep cost cuts, Trump took to his favorite medium — Twitter — to level fresh criticism at the retailer and its chairman and chief executive officer.
Trump said in his tweet that Macy’s was one of the “worst performing stocks on the S&P last year, plunging 46 percent.”
He called the retailer a “very disloyal company” and called the company’s troubles “another win for Trump.” He also called for a boycott — although he didn’t say why a consumer might want to boycott the store.
The bad blood between Trump and Macy’s dates back to July when the retailer decided to stop carrying Trump’s merchandise, including his branded men’s wear and fragrance products, in all of its stores after he sparked a national outcry with demeaning comments about Mexican immigrants.
At the launch of his 2016 presidential bid in June, Trump said: “When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re sending people that have lots of problems and they’re bringing those problems” with them. “They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people.”
Macy’s responded swiftly, announcing that it would no longer carry Trump’s products in its stores.
“Some decisions are very difficult to make,” Lundgren said at the time. “But our company’s commitment to diversity and inclusion in all facets of the business, including in our relationships with business partners, is a strong guiding force.”
Trump accused Lundgren and Macy’s of “choking” in the face of political pressure. “I hate chokers,” Trump said.
A request for comment from Macy’s on Thursday was not immediately returned, but Lundgren recently told WWD, when questioned about his relationship with Trump: “Macy’s is not allowed to carry merchandise from politicians.”