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 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.
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 pushes Macy’s to expand Bloomingdale’s business, create real estate unit
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s shareholders.
Macy's urged to consider options for Bloomingdale's by activist investor
Barington Capital has built a position in Macy's and is urging the department store chain to create a real-estate unit and consider options for its Bloomingdale's and Bluemercury chains, the activist investor said on Monday.
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.
On the naughty list: Bloomingdale’s Santa faces backlash from parents — because he’s wearing green
According to one of the workers at Santland who’s dressed as an elf, one baby started crying when they saw Santa in ...
Investigation Reveals Loan Wolf Ex-Employee Costs Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed more than $150 million in delivery expenses.
Macy's tightens financial controls after employee covered up what became a $151 million mistake
Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Shop Michael Kors on sale during the Bloomingdale’s Friends & Family Sale
Holiday shopping hasn’t been simpler than it is now, even if you’re still on the hunt for a last-minute gift idea. Enter the Bloomingdale’s Friends & Family Sale. Now’s your time to indulge in luxury ...
Atlanta Journal-Constitution1d
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 by customers, rising competition and sluggish demand for cold-weather goods.
Macy's Lowers Annual Profit Forecast Amid Accounting Misstep, Stock Tumbles
Macy's Q3 results reveal sales of $4.74 billion, a 2.4% decline in net sales, and guidance adjustments following an ...
Dallas Morning News on MSN6d
Frisco’s Fields West getting area’s first Bloomingdale’s ‘Bloomie’s’ store
Rendering of new Bloomie's store(Courtesy of The Karahan Cos.) A Frisco development is set to be home to the first ...