Macy’s and Bloomingdale’s will anchor a planned 3.1 million sq. ft. mall in Abu Dhabi, United Arab Emirates, set to open in 2018.
Macy’s has won its case against JCPenney over the Martha Stewart-branded home goods collections. In his decision, Justice Jeffrey K. Oing ruled that JCPenney interfered with the agreement Macy’s had with Martha Stewart Living Omnimedia. Justice Oing ridiculed the behavior of JCPenney’s executives, including former CEO Ron Johnson, writing, “At best one can only describe […]
Edward S. Finkelstein, the executive who led Macy’s in the 1970s and ’80s, died last weekend at the age of 89.