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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.
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 subsidiary, reduce capital expenditures, and explore strategic options for its Bloomingdale’s and Bluemercury chains.
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, Hanes and Dillard's, has built an undisclosed stake in Macy's.
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.
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
7h
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 ...
5d
on MSN
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6d
on MSN
Taika Waititi reflects on nerds worrying he'd 'ruin' “Thor”: 'What, you mean again?'
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Thor in contract to sell Amazon-leased Red Hook warehouse
Thor is under contract to sell its 312,000-square-foot distribution center at 280 Richards Street in Red Hook for about $157 ...
GameRant on MSN
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Loki's Deleted Scene Could Mean Big Things For Thor 5
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Comic Book Movie
4d
RUMOR: Singer Rita Ora (And Wife Of THOR: RAGNAROK Director Taika Waititi) Set For "Huge" MCU Villain Role
According to a wild new rumour that's cropped up online today, singer and actor Rita Ora - who is married to Thor: Love and ...
Hosted on MSN
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THOR 5 VALHALLA MYSTERY FILM! LOKI REUNION FINAL THOR FILM
Thor 5 Valhalla could be the Marvel Studios mystery film, especially with the report that Taika Waititi's wife will be a new ...
5d
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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