Promising Signs for Macy’s Turnaround

Macy’s chief executive Tony Spring wants to make an important distinction about his plan to turn around the ailing department store chain: He’s not rebuilding, he’s redecorating.

“People like variety, people want multiple brands, they like multiple categories [and] price points,” he told The Business of Fashion. “Our job is to be good at what we do. Our assortment has to be modern, our execution has to be better.”

Spring, who…