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• Macy’s announced that as part of a restructuring of its merchandising operations it has hired a new president - Hal Lawton, a former senior vice president at eBay, and SVP-merchandising at Home Depot, as well as a former associate principal at McKinsey & Co.

According to Reuters, “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.”
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