The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...

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 shareholders Barington Capital Group and Thor Equities have urged the US retailer to explore structural changes and ...

A grim prognosis from the Macy’s CFO that suggests that things are not likely to get much better in the foreseeable future, ...

The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...

Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...

Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...

Macy's on Wednesday cut its annual profit forecast, sending shares down 10% as weak demand at its nameplate stores and heavy ...

Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate ...

Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...

The problem, they say, is Macy’s is sitting on real estate that is more valuable than the company itself – an untenable ...