电报盗号系统破解教程破解技术|【唯一TG:@heimifeng8】|TG盗U机器人源码安装✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Macy's to restructure merchandising unit, cut 100 jobs
Reuters Published
August 22, 2025
Department store chain Macy's Inc said on Monday it would restructure its merchandising operations, which could result in about 100 job cuts.
The company said it expected one-time costs of about $20 million to $25 million mainly in the third quarter, and that it would save about $30 million on a yearly basis. Macy's forecast fourth-quarter savings of about 1 cent per share.
Macy's also named former eBay Inc executive Hal Lawton as president, effective Sept. 8.
The restructuring will merge three units – merchandising, planning and private brands – into one division, which will be led by Chief Stores Officer Jeff Kantor.
Macy's said the changes would strengthen data analytics and how it manages inventory and pricing.
The company, like several other department stores struggling to cope with reduced customer traffic and competition from e-commerce company Amazon.com Inc, has promised to better control inventory levels that have been pressuring margins.
"The changes we are making today maintain our core merchandising skills while massively simplifying our structure and processes for greater speed and flexibility," Chief Executive Jeff Gennette said in a statement.