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Stock impact report

Bloomingdale's merchant jumps to Macy's to lead children's, men's [Yahoo! Finance]

Macy's Inc (M) 
Last macy's inc earnings: 2/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: macysinc.com/ir
Company Research Source: Yahoo! Finance
Macy's on Monday tapped a longtime Bloomingdale's merchant , Daniel Leppo, as senior vice president and general merchandising manager for men's and kid's. He replaces Sam Archibald and will report to Macy's chief merchant Nata Dvir. Bloomingdale's is exploring how to handle his departure, the company said by email. Leppo began his career as a Bloomingdale's intern more than three decades ago and went through executive training there. He's had various leadership positions at the luxury department store banner. When Macy's Inc. CEO Tony Spring took the reins last year the company was already dealing with a takeover battle that lasted until July . In February 2024, with the announcement that the company's namesake banner would shutter 150 stores within three years, it seemed clear that downsizing Macy's would be a major feature of its latest turnaround. But Macy's is also plugging away at much-needed merchandising upgrades, at least at stores slated to remain. The difference has Show less Read more
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