Steve Madden CEO breaks silence after huge store announces closure of 150 stores – and addresses impact to shoppers ...Middle East

THE CEO of Steve Madden has spoken out following the announcement by Macy’s that it will shutter 150 stores. Executives at the department store announced the closures that will take place over the next three years on Tuesday. GettyFollowing the Macy’s announcement that 150 locations will close, designer shoe brand Steve Madden has been forced to address worries (stock image)[/caption] GettySteven Madden CEO Ed Rosenfeld has allayed fears that the brand will be heavily impacted by the Macy’s closures over the next three years[/caption] The closure of “underproductive locations” is said to be part of efforts to reshape Macy’s retail strategy to boost growth. Around 50 stores ar

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