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Tony Spring to lead Bloomingdale's as CEO

31 Oct '13
2 min read

Macy’s, Inc. announced an upcoming change in leadership at New York-based Bloomingdale’s. After an illustrious 22-year career as Bloomingdale’s chairman and chief executive officer, Michael Gould will be succeeded in that role by Tony Spring, currently Bloomingdale’s president and chief operating officer, effective Feb. 1, 2014.

“Leading this great brand and organization to a new level of success over two decades has been a great privilege. I feel that now is the appropriate time for a change for both the company and myself,” Gould said.

“Mike Gould has been an outstanding and inspirational leader who has strengthened Bloomingdale’s position as an upscale fashion trendsetter known and loved by customers around the globe. Bloomingdale’s truly is like no other store in the world,” said Terry J. Lundgren, chairman, president and chief executive officer of Macy’s, Inc. “Tony Spring also has been an integral part of Bloomingdale’s formula of success for 26 years, and we are excited about his new, elevated role leading this exceptional omnichannel brand going forward.

“Bloomingdale’s has been pursuing multi-dimensional growth opportunities. These include strategic omnichannel integration of 37 Bloomingdale’s stores, bloomingdales and related mobile applications to serve the rapidly evolving nature of consumer demand. In addition, Bloomingdale’s initiated an international store presence in Dubai in 2010, international shipping to more than 100 countries beginning in 2011, and a Bloomingdale’s Outlet store strategy that now includes 13 locations across the U.S. opened over the past three years. We see nothing but continued growth and opportunity ahead,” Lundgren said.

A successor to Spring as president of Bloomingdale’s is expected to be named in 2014.

Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2012 sales of $27.7 billion. The company operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys and bloomingdales websites. The company also operates 13 Bloomingdale’s Outlet stores. Bloomingdale’s in Dubai is operated by Al Tayer Group LLC under a license agreement.

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