Macy’s Snags eBay Exec as New Prez; Eliminates 100 Jobs

In efforts to boost lagging performance and be a more agile retailer, Macy’s has nabbed a former eBay executive as its new president, simplified its merchandising organization and enhanced focus on its data analytics capabilities. About 100 jobs will be eliminated as a result. Macy’s stock has plunged 45% this past ...

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