Tagged: Macy's

An Associated Press analysis shows Cincinnati-based Macy's gave chief executive Terry Lundgren a pay package worth 11.3 million dollars last year, down 22 percent from 2011 as he failed to meet all of its financial performance goals.

Columbus-based Limited Brands and Cincinnati-based Macy's are among the major retailers reporting strong January sales figures, as shoppers took advantage of clearance sales.

Major retailers are reporting weak sales in November as a strong Thanksgiving weekend failed to to fully offset the slow start to the month caused by Superstorm Sandy.

Many of the nation's major retailers are reporting sales gains for the month of September.