Joseph Sitt risking foreclosure in Lower East Side
The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
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 urged to deliver shareholder value as Q3 sales dip
Macy's shareholders Barington Capital Group and Thor Equities have urged the US retailer to explore structural changes and ...
Macy's sits on gold and shareholders are angry
"Macy's retail operations are essentially worthless." The company's own shareholders wrote these harsh words. Macy's has been dealing with multiple blows to its business for years, reporting ongoing ...
Macy’s provides more details about that employee who hid more than $150 million worth of expenses
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
Diginomica22h
The real miracle of Christmas - Macy's litany of bad news doesn't spook Wall Street (too badly) as CEO re-affirms omni-consumer push
A grim prognosis from the Macy’s CFO that suggests that things are not likely to get much better in the foreseeable future, ...
Crain's New York23h
Thor Equities faces foreclosure at another Manhattan commercial property
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Macy’s Details Multimillion-Dollar Accounting Error in Downbeat Report
Macy’s, the largest department store chain in the United States, is in the midst of its latest turnaround plan, overseen by ...