Monday, May 4, 2020

Macy’s will survive. It has a role to play in American retail, CEO Jeff Gennette says

Macy’s often comes up when discussions turn to debate about which retailers will survive the coronavirus outbreak and the added stress it has placed the already challenged industry.

CEO Jeff Gennette is betting on survival.

After a virtual fireside chat with Gordon Haskett Research analyst Chuck Grom, in a candid phone conversation with Gennette, CNBC asked him simply: Can Macy’s survive this?. . . more