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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.
Activist Investor to Push Macy’s for Changes, Including New Real-Estate Unit
Activist investor Barington Capital has built a position in Macy’s and plans to push the department-store operator to make changes to boost its slumping stock, including the creation of a separate real-estate unit within the company.
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 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 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
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Activist investors urge Macy's to create a real estate unit among other changes to boost stock
The presentation to Macy's shareholders comes after Barington Capital, which has stakes in such brands as Victoria's Secret, ...
7d
Chris Hemsworth Called Thor: The Dark World “Meh,” & Explained Why It Fell Flat Before Ragnarok!
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Loki's Deleted Scene Could Mean Big Things For Thor 5
A deleted scene from Loki season 2 teases a larger role for Absorbing Man in the MCU, possibly being a villain in the ...
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Thor Industries Misses Q1 Estimates Amid Recreational Vehicle Market Weakness, But Optimistic About H2 Recovery
Thor Industries reported sales of $2.143B, down 14.3% Y/Y, also missed analyst consensus of $2.241B. Despite challenges, CEO ...
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Investors urge Macy’s to create real estate unit
Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate ...
Hosted on MSN
15h
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Thor 5 Valhalla could be the Marvel Studios mystery film, especially with the report that Taika Waititi's wife will be a new ...
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