Tuesday, August 22, 2017

Macy's snags eBay exec, cuts 100 jobs amid management shake-up

Macy's has snagged an eBay executive as it shakes up its management and cuts 100 jobs in an effort to reignite slumping sales at the department store chain.

Hal Lawton, senior vice president of North America at eBay, will join Macy's on Sept. 8 as president. The company is expanding its customer insights and data analytics to include inventory replenishment and pricing capabilities.

Both moves suggest Macy's is trying to bulk up its online efforts.. . . more

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