Macy’s Ends Buyout Talks with Arkhouse, Brigade; Looks Ahead to Company’s ‘Bold New Chapter’
Macy’s board of directors has unanimously agreed to terminate buyout discussions with Arkhouse Management and Brigade Capital Management…
News July 15
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Macy’s to Close 150 Nameplate Stores, Focus on Luxury and Small-Format Locations
Macy’s, Inc. has unveiled its Bold New Chapter strategy, signaling a major shift for the iconic department store…
News February 27
Tony Spring Officially Takes the Helm at Macy’s
After serving as President and CEO-elect for the past year, Tony Spring will officially take the top leadership…
News February 2
UPDATED: Activist Investor Pushes for Response to Takeover Bid as Macy’s Announces Layoffs, Store Closures
[Editor’s Note 1/23/24: This story was updated on Jan. 22 to include details from a Jan. 21 statement…
News January 22
Investors Propose to Take Macy’s Private with $5.8 Billion Buyout Bid
An investor group composed of real estate investment firm Arkhouse Management and asset manager Brigade Capital have submitted…
News December 11
Walmart, TJX Provide a Few Bright Spots in Q3 Results
Several of the nation’s largest retailers, including Target, Macy’s, Gap and BJ’s Wholesale Club, struggled during Q3, with…
News November 20
Bluemercury to Move HQ to New York City
Bluemercury will relocate its headquarters from the Washington, D.C. area, where the beauty retailer was founded in 1999,…
News June 26
Vitamin Shoppe Gives Interim CEO the Job Permanently
The Vitamin Shoppe has named Lee Wright as its new CEO, a position he has held on an…
News May 26
Macy’s Names Gennette’s Successor as CEO Plans 2024 Retirement
Jeff Gennette, Chairman and CEO of Macy’s since 2017, plans to retire in February 2024 after a total…
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