Macy’s said Bloomingdale’s CEO Tony Spring will succeed Jeff Gennette in February.
Macy’s delivered a bigger profit than expected during the holiday quarter.
Macy’s on Friday said consumers’ budgets are under pressure and that it expects the squeeze to continue into this year.
These are the stocks posting the largest moves before the bell.
Macy’s raised its earnings forecast for the year after the department store operator said its inventory is well positioned for the holiday shopping season.