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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.
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.
Activist investor pushes Macy’s to expand Bloomingdale’s business, create real estate unit
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s shareholders.
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.
Macy's urged to consider options for Bloomingdale's by activist investor
Barington Capital has built a position in Macy's and is urging the department store chain to create a real-estate unit and consider options for its Bloomingdale's and Bluemercury chains, the activist investor said on Monday.
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 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 activist investor may be 'most truthful' about retailer's future
Macy’s is facing off with an activist investor group that thinks the real estate it sits on is more valuable than the company itself.
Joe Sitt among activist investors pushing Macy’s for a real estate play
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 billion.
11h
Macy’s tightens financial controls after employee covered up what became a $151 million mistake
Macy’s reported a decline in profits and sales for its third quarter with many customers of the department store chain ...
16h
on MSN
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 ...
3h
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 consumer trend toward prioritizing essentials like groceries over discretionary ...
D Magazine
9h
Bloomingdale’s to Debut Mini Store Concept Bloomie’s at Fields West, More Tenants Announced
Other signed leases include the first DFW location of Mastro’s Steakhouse as well as Kendra Scott, and Mexican Sugar.
14d
on MSN
NYC’s dazzling holiday window displays from Bergdorf, Macy’s and Bloomingdale’s as Saks pulls back
Meanwhile, Bergdorf is home for the holidays, showcasing all the best parts of New York. Over in Herald Square, Macy’s is ...
14h
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 ...
50m
on MSN
On the naughty list: Bloomingdale’s Santa faces backlash from parents — because he’s wearing green
Bloomingdale’s is facing backlash from guests for having Santa Claus wear green.The brand’s flagship store — located on 59th ...
6d
Looking for great holiday gift ideas? Bloomingdale’s has your back
Whether you’re seeking something for your favorite Broadway maven, fitness fiend or fashion fanatic — or simply looking to ...
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