Macy's Finkelstein dies at 89

Edward S. Finkelstein, former Macy's chairman and CEO who presided over the retailer's rise in the 1970s and 80s, died Saturday at his home in California. He was 89.

Finkelstein helped build the Macy's brand, developing private label programs considered to be industry models, including the INC International Concepts and Charter Club.

"Ed Finkelstein was an innovator who shall be remembered for his many important contributions in building the Macy's brand over the decades. His career was remarkable," said Terry Lundgren, Macy's chairman and CEO. Story