As Macy's looks to turn around its business and end a two-year streak of same-store sales declines, Executive Chairman Terry Lundgren said a merger or acquisition could eventually be on the table.
"We look all the time," Lundgren, who ended his stint as CEO last month, told CNBC's "Squawk on the Street." "I think
The question is whether those companies would be the right fit for Macy's, Lundgren said. He added that the retailer has no acquisitions on its plate at this time, noting it has historically been conservative in snatching up new retail brands.
The company's last acquisition was roughly two years