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 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 investor pushes Macy’s to expand Bloomingdale’s business, create real estate unit
Activist investor Barington Capital on Monday revealed a stake in Macy’s and pushed the retailer to consider options for its Bloomingdale’s and Bluemercury businesses and create a separate real estate unit within the company.
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 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.
Activist investors call on Macy’s to hive off real estate properties
Barington Capital and investment partner Thor urge measures to revive US department store chain’s flagging share price
Macy's accelerates store closures this year
Macy's said its accelerating the number of stores it plans to close this year as it works to turn around the struggling ...
Macy's Financial Woes Continue as Shares, Profit and Sales Slump
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a ...
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 ...
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 ...
Macy's third quarter profit and sales slide and so do 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 Reports Mixed Third Quarter Financial Results
Macy’s ( (M) ) has released its Q3 earnings. Here is a breakdown of the information Macy’s presented to its investors.Pick the best stocks and ...
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 ...
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11 Best Bluemercury Gifts, Yours for The Wrapping
The best Bluemercury gifts are lifesavers for list-makers, twice-checkers, and beauty lovers alike. The has-it-all retailer ...