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Macy’s now has a used-clothes strategy and the early results are in

Macy’s now has a used-clothes strategy and the early results are in

Not a lot has been going the way Macy’s wanted lately. “Taken as a whole, 2019 did not play out as we intended for Macy’s, Inc.” CEO Jeff Gennette said in a statement today as Macy’s reported its latest set of full-year sales. Business was better than expected in the past quarter, the company said, and on a call with analysts and investors, Gennette provided an update on a new project the company has been testing.