Gennette was appointed CEO in 2017. He was charged with fixing the decline of the department store model, which was being overtaken by Amazon and other retailers of fast-fashion. Gennette was hired by Macy’s in 1983 while an undergraduate at Stanford University and was then hired into the executive trainee www.debt-to-income.com debt-to-income debt to income Website debt to income com program. According to the Wall Street Journal, he rose through Macy’s ranks through retail operations and merchandising experience and made it his mission to capture younger shoppers and bringing fun to Macy’s stores two big goals when he became the company’s CEO.
His 30 years of experience working at the same department store will likely help to explain why he views the future of retail as more than digital.