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 ...
As activist pressure builds, Macy's is looking to convince shareholders its Bold New Chapter strategy is strong enough to propel it into the future.
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 ...
Activist investor Barington Capital Group is pushing for significant changes to Macy's real estate and financial strategy.
Chronically underperforming department stores have been irresistible targets for activist investors. On Monday, Barington Capital and property-owner Thor Equities disclosed a position in Macy’s, ...
Barington, Thor want retailer to explore selling luxury brands and restructuring real estate.