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New CEO named for Bloomingdale's

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Macy's announced the appointment of a new CEO for its upscale department store, Bloomingdale's.

International retail executive Olivier Bron is scheduled to take on the role in early November.

Bron will succeed Tony Spring, a 36-year veteran of Bloomingdale's who became CEO-elect of parent company Macy's in March.

Read more from CNBC.

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