Macy???s CEO Stumping to Revitalize Company Revival (Bloomberg)
Terry Lundgren is the CEO of Macy???s, Inc., but you might confuse him with a candidate out on the campaign trail as he continues his 40-week road trip visiting his company???s individual stores. Unlike wall-to-wall election coverage of the trail, he???s conducting a stealth campaign, calling store managers 10 minutes before his arrival. In this way, he can verify stores stock what???s important to their clientele and personalize his company???s business. And it???s a plan that???s working. Over the last two years, Macy???s annual sales growth has blown past rivals like Kohl???s and Penny???s. So, speaking as an investor, nothing???s better than personalized profits.