Macy’s CEO Looks to Costco for Inspiration During Turnaround

Macy’s Inc. Chief Executive Officer Tony Spring said he looks to an unexpected competitor as he works to turn around the department store operator: Costco Wholesale Corp.

“There’s love for the Costco brand,” Spring said in an interview with Bloomberg TV. “The experience that people have is consistent enough that it reinforces that. That’s what I want for Macy’s.”