The Scribner got its first good news in a long time when the receiver said earlier this year that Club Monaco agreed to ...
The retailer faces an activist investor push to form a separate unit to maximize sale proceeds from the company’s portfolio.
The latest attempt — courtesy of Barington Capital and private equity firm Thor Equities — should also be viewed with scepticism. The duo, which has amassed a stake of unknown size in the company, ...
Macy’s is shuttering dozens of locations, but that’s not necessarily a bad thing for the iconic department store chain’s ...
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed ...
The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
Macy's shareholders Barington Capital Group and Thor Equities have urged the US retailer to explore structural changes and ...
Macy’s said Wednesday that it has concluded its investigation into an employee who intentionally hid more than $150 million ...
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 had postponed its third-quarter earnings report after finding an employee hid up to $150 million in expenses.
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.