Prior to joining Macy's, Lennox served as senior vice president and chief marketing officer of Toys "R" Us since 2014, with responsibility for all components of marketing strategy for the company's portfolio of brands. Pembroke Pines, FL Coral Springs, FL Fort Wayne, IN West Hartford, CT Ann Arbor, MI The company, whose brands include Macy’s, Bloomingdale’s and Bluemercury, expects the moves will save $395 million in 2020 and $630 million annually going forward. He is also a guest lecturer at Columbia University. He has been involved in the real estate advisory, investing, finance and restructuring businesses for over 30 years. Greenvale, NY Goodlettsville, TN It still needs to do much more like making its stores more exciting, analysts say. Picayune, MS Secaucus, NJ Tukwila, WA Monroeville, PA President: Harry A. Lawton Saginaw, MI Singapore, Singapore, Amazon.com, Inc. (AP Photo/Mary Altaffer, File), Connect with the definitive source for global and local news. Bellevue, WA Coronavirus Update: Our team is here to help our clients and readers navigate these difficult times. Morristown, NJ Greensburg, PA Gennette returned to San Francisco from February 2008 to February 2009 as chairman and CEO of Macy's West. The Growth150 locations (a mix of stores where the Company accelerated a number of successful store initiatives, such as facility upgrades, merchandising strategies, and localized marketing) contributed to the operating results for 2019, with sales results outperforming the other Macy's store locations. Cash at the end of fiscal 2019 was $731 million, a decrease of $517 million from the prior year. Honolulu, HI Phone: 1 (212) 494-1602, Employer Type: Publicly Owned Stock Symbol: M Birmingham, MI Brandon, FL Marlton, NJ The Macy’s Store Management Internship is offered in stores located in major markets nationwide. Highland Park, IL Belk, Inc. Lake Grove, NY Prior to this, he served as president and chief operating officer of Bloomingdale's since 2008 with responsibility for Bloomingdale's stores, marketing, creative services, finance, operations, and restaurants. To report a Copyright Violation, please follow Section 17 in the Terms of Use. He is also the executive sponsor of the Macy’s Working Families Employee Resource Group. It has nearly 615 Macy's stores, some 170 bluemercury stores, and about 55 Bloomingdale's stores. Columbus, OH Cherry Hill, NJ Yorktown Heights, NY Altamonte Springs, FL Denton, TX Kahului, HI Homestead, PA Chairman: Terry J. Lundgren Glen Burnie, MD Dearborn, MI Saint Cloud, MN The struggles of big-box retailers are well documented, and the economic issues brought on by coronavirus have only exacerbated them. Mishawaka, IN Earlier in her career, Garcia served as regional counsel, Latin America for Philip Morris International, international and corporate counsel for GAF Corporation, and as a corporate finance associate with the law firm of Willkie Farr & Gallagher. — Retailing giant Macy’s, headquartered in New York, announced staff reductions today that will affect management and workers across various levels of its organization. Newport News, VA Fayetteville, NC Enter the email address associated with your account, and we will email you instructions for re-setting your password. Garcia is the executive sponsor of the La Voz Employee Resource Group that focuses on empowering the Latino community. Fort Gratiot, MI Suwanee, GA Studio City, CA Bartlett, TN Marlow Heights, MD Richard A. Lennox is the chief customer officer, with responsibility for Macy's omnichannel market presence and strategy, including brand, promotional, store, digital, events marketing activity, special events and branded entertainment. “The steps we are announcing to further streamline our management structure will allow us to move faster, reduce costs and be more responsive to changing customer expectations,” said Jeff Gennette, Macy’s CEO, in a statement. Heinonen serves on the national board of the Make-A-Wish Foundation and the corporate advisory board at Breast Cancer Research Foundation. She serves as the legal advisor to senior management and the board of directors and is the Macy’s, Inc. corporate secretary. Macy’s will start to welcome furloughed employees back in early July. Duluth, GA Okemos, MI Tucson, AZ Women's accessories, intimate apparel, shoes, cosmetics and fragrances account for nearly 40% of group revenue, followed by men's and kids' apparel at nearly 25%; women's apparel brings in more than 20% and home/miscellaneous products generate the rest. Cedar Park, TX Prior to this role, Mastronardi was Macy’s senior vice president of store operations and customer experience. Redwood City, OH Langhorne, PA Charleston, WV By family of business, destination businesses including dresses, fine jewelry, fragrances, men's tailored clothing, women's shoes and mattresses performed well during 2019. In this role, Heinonen drives the strategic narrative for Macy's, Inc. across all audiences.