News Briefs

TERRY J. LUNDGREN: the president and CEO of Macy’s, has been named chairman of the National Retail Federation board of directors. Lundgren succeeds Myron E. Ullman, III, chairman and CEO of J.C. Penney Co., Inc. Additionally, Stephen I. Sadove, chairman and CEO of Saks Inc., was elected as first vice chairman of NRF’s board of directors.