Consumer
Macy’s CEO Hopes Americans Go Shopping to Ease Election Stress
- Says department stores offer ‘escapism and entertainment’
- Aisles offer ‘refuge’ from campaign drama: Target executive
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Macy’s Inc. is betting Americans will turn to retail therapy as the battle for the White House heats up.
Tony Spring, who became the department-store operator’s chief executive officer six months ago, said on Wednesday during an earnings call that the company’s stores offer “escapism and entertainment.” And that might be in high demand during the race between Donald Trump and Kamala Harris.