Jeff Gennette to Become Macy's CEO

The video discusses the leadership change at Macy's, with Jeff Gennette taking over as CEO from Todd Lundgren. It explores the challenges Macy's faces, including declining sales and real estate strategies. The succession plan is outlined, with Lundgren remaining as chairman. Gennette's background and strategic approach are highlighted, particularly his involvement in Macy's omnichannel and technological initiatives. The video also delves into the potential for real estate monetization, especially concerning the Herald Square flagship, and the impact on shareholder value.

What significant change occurred in Macy's leadership in 2014?

What challenges has Macy's faced regarding its same-store sales?

What role will Todd Lundgren have after the leadership transition?

How has Jeff Gennette contributed to Macy's prior to becoming president?

What potential strategies might Jeff Gennette explore regarding Macy's real estate?