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
Barington Capital partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s shareholders.
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 Investors Urge Macy's to Create a Real Estate Unit Among Other Changes to Boost Stock
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains among other changes to boost its slumping stock,
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 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 ...
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 ...
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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.
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 ...
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 ...
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Frisco’s Fields West getting area’s first Bloomingdale’s ‘Bloomie’s’ store
Rendering of new Bloomie's store(Courtesy of The Karahan Cos.) A Frisco development is set to be home to the first ...
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 ...
On the naughty list: Bloomingdale’s Santa faces backlash from parents — because he’s wearing green
According to one of the workers at Santland who’s dressed as an elf, one baby started crying when they saw Santa in ...