Daily Archives: October 30, 2013

Michael Gould is stepping down as chief executive of Bloomingdale’s after 22 years at the helm of the upmarket department store, which is owned by Macy’s.

He will be replaced in February 2014 by Tony Spring, who is currently president and chief operating officer at the chain.

“I think our business is good,” Mr Gould, 70, told the Financial Times after the change was announced. “I think competition has never been tougher.” Read more