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 firms demand Macy’s consider options for Bloomingdale’s
The department store is winding up the year as it began, with investors on its case — this time it's 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 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 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
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Macy’s offers a mixed outlook after reporting third quarter profit and sales declines
Macy's reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
Macy's Stock Tumbles on Lower Sales, Resolved Accounting Probe
Macy's shares fell Wednesday morning after the company posted its delayed third-quarter earnings report and shifted its full-year outlook to adjust for the completed investigation into the accounting ...
Macy's Q3 Results Top Estimates, But Slashes FY24 Adj. EPS Outlook
Omni-channel fashion retailer Macy's, Inc. (M) reported on Wednesday that net profit for the third quarter declined from last year, ...
Another activist takes aim at Macy's, seeking spending cuts and real-estate restructuring
Barington has mounted campaigns at other big consumer names, including toymaker Mattel, The Children's Place, Hanes and Steve ...
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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 ...
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 Bargain Shares Tempt Activists Again
The newest arrivals at Macy’s have a fresh idea and some tired ones.