Macy's activist investors want the retailer to make significant changes
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors are Barington Capital Group and Thor Equities.
Macy’s Pushed to Find Options for Bloomingdale’s and Bluemercury by Activist Investor
Barington Capital wants the storied retailer to spin off the two chains and get more value out of its real estate.
Activist investor group pushes Macy's to consider options for Bloomingdale's
Barington Capital and Thor Equities urged Macy's to create a real estate unit and consider options for its Bloomingdale's and Bluemercury chains after building a position, the activist investor group said on Monday without disclosing their stake.
Activist investors want Macy’s to create a real estate unit
They said that Macy's shares are undervalued and that its real estate is worth between $5 billion and $9 billion.
Macy's activist investor may be 'most truthful' about retailer's future
Macy’s is facing off with an activist investor group that thinks the real estate it sits on is more valuable than the company itself.
Joe Sitt among activist investors pushing Macy’s for a real estate play
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 billion.
Bloomingdales’ green Santa has parents seeing red and kids ‘crying’
Santa Doug, Bloomingdale’s in-house Santa since 2019, was kept in the dark until the eleventh hour about his wardrobe ...
Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report
Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid still high inflation on necessities, increased promotions among rivals and slug ...
Macy’s third-quarter profit and sales slide and so does its shares
Macy’s profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert ...
Macy's cuts adjusted profit forecast, shares fall 7%
Macy's on Wednesday cut its annual profit forecast, as it struggles with increased promotions during the holiday shopping ...
Wisconsin Football Schedules Visit With Coveted Transfer Tight End
Ball State tight end transfer Tanner Koziol is set to visit Madison on Friday, All Badgers has learned, as head coach Luke ...
Macy's third quarter profit and sales slide and so do its shares
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...
City of Bloomingdale Christmas Parade, festivities
More Christmas festivities will kick off in Bloomingdale on Saturday. The Bloomingdale Christmas Parade will start at 10 a.m.