Why We Dropped Trump's Menswear Line: Macy's CEO

Macy's chief Terry Lundgren said Wednesday it was a business decision to end the retailer's 11-year menswear collection partnership with Donald Trump. Trump stirred a storm of criticism by making disparaging remarks about Mexican immigrants when he announced his bid for the GOP presidential nomination in June. Refusing to comment on what Trump said, Lundgren told CNBC's "Squawk Box" that Macy's made a decision on "not carrying any product from any candidate, ever."