Macy's real estate, spending cuts the target of new activist investors of retail giant
Two business entities have teamed-up to mount a new effort to takeover the struggling Macy's department store chain, according to new information.
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.
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.
Macy’s Bargain Shares Tempt Activists Again
The newest arrivals at Macy’s have a fresh idea and some tired ones.
Macy’s investor proposes changes
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate subsidiary, reduce capital expenditures and explore strategic options for its Bloomingdale's and Bluemercury chains among other changes to bolster its slumping stock,
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.
Activist Barington Targets Matthews CEO in Board Fight
Activist investor Barington Capital Group wants to push out the chief executive officer of casket-maker Matthews ...
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The wildfire came too close to their home in Great Barrington. But nothing would stop the Pevzner family Christmas lights
Three weeks ago the wildfire moved down the mountain and burned up some of his land. But longtime firefighter Matt Pevzner ...
Matthews International responds as Barington Capital begins proxy battle
Matthews International Corp. responded Tuesday afternoon to an activist shareholder firm's launching of a proxy battle in ...
Barington Capital urges ‘new leadership’ at Matthews
Barington Capital Group and certain of its affiliates, a fundamental, value-oriented activist investor that beneficially owns approximately 2% ...
Activist Investor Barington Capital Urges Macy's to Cut Spending, WSJ Reports
(Reuters) - Activist investor Barington Capital has built a position in Macy's and is urging the department store chain to ...
Another activist takes aim at Macy's, seeking spending cuts and real-estate restructuring
Barington Capital has partnered with private equity firm Thor Equities to mount an activist push at struggling department ...
Matthews International Responds to Barington Capital and Affirms Board and Management’s Focus on Driving Long-Term Value Creation
Matthews’ refreshed, diverse and fit-for-purpose Board actively oversees the Company’s strategy. Members of the Board bring many years of expertise at public companies, including across industrial and ...
Barington Capital Group Calls on Macy’s to Make Changes to Its Capital Allocation Plan to Improve Shareholder Value
Barington Capital Group, L.P. and Thor Equities LLC and their respective affiliates ("Barington," "Thor," or "we"), who are shareholders of Macy’s, Inc. (NYSE: M) ("Macy’s" or the "Company"), ...
Large brush fire burning in Lake Barrington
Crews are on the scene of a large brush fire in Lake Barrington, Illinois. The fire broke out in the area of Pepper Road and ...
A possible sale looms over Barrington Mews. Why caretakers, officials are concerned.
The complex for seniors and those with disabilities could be raising rent as result of a prospective sale. Some say they feel ...