'Even if Macy's does everything right, it may not be enough.' Former Toys 'R' Us CEO Gerald Storch said that online shopping is a threat to department stores. 'Traditional department stores are fighting for their lives in an Amazon era.'
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European banks falling behind US on tech innovation, Finastra CEO saysSimon Paris, chief executive of Finastra, told CNBC on Monday that European banks were embracing technology more slowly than those in the U.S.
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VW CEO says hopes U.S. investments help avoid tariffs against EUVolkswagen's Chief Executive Herbert Diess said an $800 million investment ...
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Macy's CEO: Customers have put us on notice'Experience: We've got to figure that out. We've got customers that put us on notice and the better the experience, the more we're going to build their lifetime value,' Macy's CEO Jeffrey Gennette said of the retailer's weak holiday sales.
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Eli Lilly CEO: Loxo acquisition can help us treat cancer globally'This is the future of cancer treatment, we believe.' Eli Lilly CEO David Ricks said that Loxo Oncology has 'harnessed the power of emerging science' and that Lilly's acquisition of Loxo can help treat cancer globally.
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US-Sino trade war has made dealing with China 'more difficult,' Middle East real estate CEO saysA long-running trade war between the world's two-largest economies is taking its toll on business sentiment in the Middle East, according to the chief executive of Majid Al Futtaim.
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