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Bloomberg Surveillance

Chief Future Officer: Macy's Adrian Mitchell brought to you by Workday

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 26 January 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's new monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode focuses on Macy's CFO Adrian Mitchell. He sits down with Caroline Hyde to discuss how the retailer is accelerating its pivot to digital, repositioning its store portfolio, and allocating capital as it refines and advances its omnichannel strategy.

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Transcript

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0:00.0

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0:04.0

From uncertainty to opportunity

0:07.0

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0:10.0

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0:20.0

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0:23.0

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0:26.0

a leading global asset manager.

0:30.0

On October 24th

0:32.0

join top technology leaders, business executives, innovators and entrepreneurs

0:36.0

in London for the Bloomberg Technology Summit.

0:38.0

How can unprecedented digitisation help solve global challenges?

0:43.0

Speakers from GraphCore, Siemens, Deliveroo and Aber Voyage

0:47.0

will explore the rapid advance of AI and green technology

0:50.0

and delve into the escalation of cyber warfare and more.

0:54.0

Learn more at bloomberglive.com slash tech summit 2023.

1:00.0

When Adrian Mitchell became Macy's chief financial officer in November 2020

1:07.0

he focused firmly on the company's future.

1:10.0

Because the present for department stores in general seemed bleak.

1:15.0

Macy's was in a position where they had really gone through a pretty tough period in 2020

1:20.0

but as we approached the back half of 2020 the question was what are we going to be?

...

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