Activist investors urge Macy’s to create a real estate unit among other changes to boost stock
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 boost its slumping stock,
The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
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Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
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.
News of Monday's sale came the same day activist investors Barington Capital Group and Thor Equities made a series of ...
Macy's on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores and heavy ...
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Macy’s urged to deliver shareholder value as Q3 sales dipMacy's shareholders Barington Capital Group and Thor Equities have urged the US retailer to explore structural changes and ...
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