Watch CNBC's full interview with Macy's CEO Jeff Gennette

CNBC's Courtney Reagan sits down with Macy's CEO Jeff Gennette to discuss how the retailer has prepared for this year's holiday shopping season amid global supply chain bottlenecks. Gennette explains why Macy's is "in great shape" to meet customers' demands, even for those last-minute holiday shoppers. Gennette also reacts to news of a worrisome coronavirus variant detected in South Africa, known as B.1.1.529.