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 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.
Investigation Reveals Loan Wolf Ex-Employee Cost Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed ...
On the naughty list: Bloomingdale’s Santa faces backlash from parents — because he’s wearing green
Bloomingdale’s Santa faces backlash from parents — because he’s wearing green - Santa Claus at Bloomingdale’s is dressed in ...
Bloomingdales’ green Santa has parents seeing red and kids ‘crying’
Santa Doug, Bloomingdale’s in-house Santa since 2019, was kept in the dark until the eleventh hour about his wardrobe ...
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 third quarter profit and sales slide and so do its shares
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
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2024 Holiday Gift Ideas from Bloomingdale’s Ala Moana
Kelly stopped by Bloomingdale’s Ala Moana for some holiday gift inspiration and caught up with Alicia Michioka, who showcased a selection of standout items perfect for the season. From luxury ...
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 ...
Shop Michael Kors on sale during the Bloomingdale’s Friends & Family Sale
Holiday shopping hasn’t been simpler than it is now, even if you’re still on the hunt for a last-minute gift idea. Enter the Bloomingdale’s Friends & Family Sale. Now’s your time to indulge in luxury ...