Macy’s president exits the group

Macy’s loses another top executive. Hal Lawton, president of the Macy’s brand business, is leaving the group to become chief executive officer of Tractor Supply, a Tennessee-based farm suppliers chain. Lawton, a veteran of eBay and Home Depot, only joined Macy’s as president in September 2017.

“Hal has made significant contributions to the business over the past two years, including improving the Macy’s operational cadence. Hal also helped us build an excellent team and, with their leadership, I’m confident that Macy’s will continue strong execution through Holiday 2019 and beyond,” said Jeff Gennette, chairman and chief executive officer of Macy’s, in a statement.

Macy’s is one of the largest retailers in the U.S., with fiscal 2018 sales of 24.9 billion dollars and approximately 130,000 employees. The company operates approximately 680 department stores under the nameplates Macy’s and Bloomingdale’s, and approximately 190 specialty stores including Bloomingdale’s The Outlet, Bluemercury, and Macy’s Backstage.